BEDS2
BATHS
SQUARE FEET48,736
MLS#2121938
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEastside
Property Description
The sale includes plans and entitlements to construct a new storage structure of approximately 120,000 sq.ft. and maximum height of 90ft on the east side of the site in addition to the existing 48,736 sq.ft. brick structure which has already been rezoned PUD. The PUD zoning allows for 144 multi family or condo units, hospitality, educational, medical and commercial. There is additional parking potential on the vacant lot on the corner of Franklin/17th for future ventures. Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination. Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence and luxury office space, Gateway project which spans an estimated 20 blocks and consists of multi-family, retail and additional mixed use, Laura Street Trio (consists of an Autograph Marriot and an upscale restaurant space), Mosh science museum, $1.3 billion renovations to the Jaguar Stadium and much more.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Other
Lot Size: 2.17 Acres
Taxes: $18,771
Year Built: 1912
Feature Descriptions
Units: 2
Listed By / Shown By
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Estimated Payment
$ 7,341.30 per month $5,107.68 Principal & Interest $1,564.25 Property Tax $669.38 Homeowner's InsuranceChange Payment Information
1221 E 16th Street | MLS# 2121938
This multi-family property located at 1221 E 16th Street, Jacksonville, FL 32206 is currently listed for sale with an asking price of $2,295,000. Search Jacksonville real estate on www.realtymarkllc.com today.