2467 Ormsby Circle EJacksonville, FL 32210Price: $399,900

PRICE REDUCED! Spectacular nighttime views with Cedar River waterfront. Great property for a magnificent single estate or two to four single family homes with a private drive. The navigability to the St Johns River, downtown Jacksonville, the Intracoastal Waterway & Atlantic Ocean is a boat owner's dream. Also a potential investment property for a savvy developer since the property is Zoned RMD-D for up to 19 units/acre. There is a layout for 5 separate waterfront lots (see documents) that have been preliminarily approved by the City of JAX who also previously approved a design for 9 spacious condo units (see drawings in documents). Designs & approvals must be verified, updated, & finalized by Buyer. Over 400' of bulkhead on the waterfront & approved for renewal of existing permit. Single dock is also approved by the State or could be permitted for a community dock. Existing recorded agreement affords new owner access to up to 10 residential sewer connections at existing lift station Possible multiple or common dock use for condo or townhouse project. Concurrency on file with City of Jacksonville. This is a wonderful & rare opportunity for a developer or someone that wants a private, gated estate or family compound with a lot of river frontage.