Property summary
This exceptional investment opportunity presents a unique chance to acquire a multifamily property in Grand Isle, Louisiana, located at 250 Santiny, zip code 70358, Jefferson Parish. The property, zoned R1 & R3, encompasses a substantial lot size ranging from 3.5 to 6 acres. Currently configured as an apartment building and classified as both multifamily and commercial, this property offers significant upside potential. A key feature is the right to infill to the jetties, allowing for the expansion of the acreage. This infill potential is supported by a successfully completed similar project in the area, demonstrating the feasibility of increasing the property's size. The asking price for this remarkable opportunity is $1,200,000. Note that an existing campsite is included in the sale but is not factored into the asking price. This presents a rare chance to capitalize on the unique coastal location and the potential for significant land expansion. The property's multifamily and commercial designation provides flexibility for various development strategies. Investors seeking a high-potential coastal Louisiana property should act quickly to explore this exceptional offering.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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