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The Property
1.26 Waterfront Acres

Fully Entitled and Ready to Go in Jacksonville's Most Established Area

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Property
Highlights

Quite literally there is no other site like this in Jacksonville, and no other similar opportunity will come around for the foreseeable future!

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  • Already zone and fully entitled for condos

    • Up to 80 units

    • Up to 22 stories

    • PUD zoning for "Phase 2" of existing condo community next door (13 stories, Ortega Yacht Club Condos, c. 1983)

    • Zoning and association bylaws allow the owner of the Phase 2 site to control the Master Association, avoid commonplace legal hurdles with existing residents, and control the common amenities such as the pool, which can be improved if used as part of Phase 2

  • Current ownership has filled and graded the site and constructed a new bulkhead along the riverfront

  • Current ownership also has detailed architectural plans for previous iterations

    • These are pre-Great Recession iterations but indicate all of the due diligence available for the site

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Nearly the entire Jacksonville riverfront consists of private single-family estates owned and inhabited by high-net-worth families, so there simply are no more existing high-rise condo sites along the river outside of downtown Jacksonville, and no more that can be created.  This is the one and only chance to control the best condo site in the city!
 
Be sure to click through the links to see more about the Neighborhood and about Jacksonville itself.

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