15.74 AC Waterfront Development Opportunity

0 University Boulevard North Jacksonville, FL 32277

FOR SALE
Property Type:
Other Land
Amount:
$5,000,000
Last Verified:
Nov 25, 2020

Highlights

  • 15.74 AC of riverfront land
  • Development opportunity
  • Easy access to many major areas of Jax, including Downtown, Southside and Arlington
  • Adjacent to a 100 AC city-owned nature preserve

Description

Prime Realty is pleased to exclusively present this premier opportunity to develop a true residential riverfront paradise. With million-dollar homes lining the river and dense residential neighborhoods, this is a rare and exciting chance to develop or own a beautiful parcel on the river.

The subject property is 15.74 acres of RLD-60 zoned land and is adjacent to Reddie Point Reserve, a 100 AC nature preserve known for it's 700-foot fishing pier with boat docks along the St. John's River.

The property features 500 feet of deep-water access, allowing riverfront homes to have docks extending into the St. John's River.

The historic Fort Caroline area of Jacksonville lies within the Arlington sub-market, which is considered to be a connecting point between many major areas in Jacksonville, the Urban Core, Northside, Southside, Westside, and the Beaches. The subject property is situated just 2.5 miles from Jacksonville University, which currently has over 4,000 students and has been named an “America’s Best College” in the south for more than 10 consecutive years by U.S. News & World Report.

Lot Size: 15.74 acres

Map of 0 University Boulevard North, Jacksonville, FL, 32277

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.