David Ritchie - Commercial Real Estate Showcase

David Ritchie Property Listings
All Pro Realty Specialists, Inc.
1087 A1A Beach Blvd
Saint Augustine, FL 32080
(904) 347-4161
(877) 640-1222

100 Bayou Drive

Satsuma, FL 32189

Property Type:Multi-Family Number of Units:- Status:Existing Year Built:-
Stories:- Building Size:- Land Area:120 AC (5,227,200 SF)
For Sale Price:$2,499,990 Price/Unit:$2,499,990.00 Cap Rate:- GRM:-


Sale Notes:
Approximately 100 acres on the Saint Johns River in Satsuma, Putnam County Florida

Total 280 spaces, 200 spaces in site A, About 85 on site A have been developed and sold. 84 spaces in site B.
10 additional acres purchased for more lots or a lagoon type marina and a separate entrance for site B
Possibility of doing something else with site B.
Approved PUD for 200 lots (Site A)
POA with surplus 10 acres un-platted
37+- acres of conservation land Boundary owned by State ( not to be developed ) 1 mile of water frontage
Access to Saint Johns River, Lake George, Lake Crescent and the Atlantic Ocean. Murphy Island acts as a protective barrier for the property
3 ponds, Clubhouse, Pool, Commercial building / Office, Marina, RV / Boat storage facility, Boat ramp, Boat docks, Fishing pier, Underground utilities
I believe there are 17 lots ready for homes right now.
I believe this information to be correct but I do not warrant this information.

All Pro Realty Specialists, Inc.
David Ritchie
(904) 347-4161

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