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USAFLJacksonvilleIsland View0 Collins Rd
0 Collins Rd, Home with 0 bedrooms, 0 bathrooms and null parking in Jacksonville FL | Image 1
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$699,000

0 Collins Rd, Jacksonville, FL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $4,358
Days Active 174
Lot Size 
Approx. Age 
MLS® Number 2077115

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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 need for affordable and veteran housing, ensuring low vacancy rates and steady occupancy. Additionally, this development qualifies for the Low-Income Housing Tax Credit (LIHTC), and all necessary zoning and unit count approvals are already in place, making it a rare find in the market. Phase 1 ESA completed and clear.Show Description
MLS® Number2077115
Laundry Level
Central VacNo
FireplaceNo
Acreage1.99
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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