$7,000,000

Broker is pleased to present this Incredibly Prime Multi-family site located in Yulee, Florida. 11 acres (275 units) Multifamily Development. Additional acreage available - Flexible up to 375 units. Mitigation credits purchased (to be reimbursed to Seller). Ashley Furniture OPEN on the Chester Road 3 acre out-parcel. Ashley Furniture is BOOMING and one of the BEST Performing stores out of 1,125 stores in the US. 25 Units/Acre Approved. One of the ONLY Multi-Family Sites Available in Yulee with more than 20,000 (+-) new homes coming.... Mitigation credits purchased (to be reimbursed to Seller). It is a balanced site so no need to import any fill dirt - good yellow sand. De-mucked and cleared but not filled. Topo Available. Signage available on Chester Road. Sewer and Water Available to the site. Access from Courtney Isles Way. Additional Two more 2-Acre (+-) Commercial Out-parcels available. This site is situated on an upcoming major artery and future evacuation route, Chester Road, with frontage also on Pages Dairy Road and Courtney Isles Way. Located directly behind Home Deport, this site is also very close to Target, Publix, JOANN’s, and Kohl’s, in addition to Chili’s, Starbucks, Whataburger, and a movie theater! Absolutely a SPECTACULAR Site for a Multi-family Site. Located next door to Courtney Isles Apartments, a luxury apartment home complex that has been very successful and are at capacity. The Seller has purchased the mitigation credits and the Buyer would reimburse the Seller at closing for these costs.