These three lots have been cleared, and the site has been prepped for the development of either one or two-story buildings. Option 1 includes multi-dwelling units with provided renderings. The site has been rezoned to RG1 with an RG2 overlay zone. Option 2 consists of single-family units with renderings provided. This approach requires no rezoning or density change. The calculation per square foot for a new home is as follows: land cost of $37,500 + soft costs (including all fees) of $5,500 + construction cost of $103,500 ($70/sqft). The total investment required for a brand new house is $146,500. This incredible deal is perfect for any homebuyer looking for a killer deal, any investor who can enjoy a 7.5% net return, or any developer looking to build a neighborhood and sell for retail prices once completed. This property is priced to sell, so don't miss out! Build your dream home or investment property now on this ready-to-go site. The property's underground connection was completed in 2019. It is conveniently located near the new Starbucks, new Urban Bean Coffeehouse, bar/restaurants, and many shops. Building plans are ready to go. This area is undergoing complete renovation and is conveniently located near waterfront rivers and lakes, just a few minutes' drive to 295 and the Jacksonville Naval Complex.