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$550,000
-- Bed
- -- Bath
1.99acres lot
0 Collins Rd, Jacksonville, FL 32244
$550,000
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
1.99 acres lot
$276,382/acre
Description
Fully Entitled Affordable Housing Project with 1MM GPR and No Property Tax. Ortega Bluff is a newly entitled 60-unit affordable housing development in Jacksonville, FL, an area with strong demand for veteran and workforce housing. This project benefits from The Live Local Act, which provides favorable financing, affordability incentives, and long-term investment stability. These units will rent at $1,381 per month through the Jacksonville Housing Authority. One of the standout features of Live Local Act Developments is the exemption from property taxes on the building, which significantly reduces expenses and increases net operating income. Jacksonville has a consistent n...
Continue ReadingProperty Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
1.99 acres lot
Basement Area
- sqft
MLS Name
Northeast Florida (realMLS) MLS
MLS Number
2077115
MLS Status
Active
Days on Market
322
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