$19,950,000 for Sale

priory , saint ann, FL 59500

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Property Description
A developer’s dream in a robust real estate market. Are you ready to seize the opportunity of a lifetime? Look no further than this exclusive offer – 240 acres of prime development land nestled directly above the coveted and wildly successful North Coast gated and amenity filled housing development, Richmond Estates, in Priory, St Ann. Imagine the possibilities: a sprawling mega housing development boasting million-dollar views at every turn. With homes in Richmond Estates fetching a staggering US$450,000.00+ each, it’s clear that this is a market ripe for expansion. And with the current ‘limited inventory’ of homes or large ‘residential land tracts in prime locations’ for development available, the time to act is now! Here’s why this property is an absolute gem: Unparalleled Location: Situated atop the very sought after Richmond Estates gated housing development (https://www.youtube.com/watch?v=maDB4B-PYUE) and a 15 minute drive from another new and successfull oceanfront development, Paradisiac Beach Club (https://www.youtube.com/watch?v=J76Lk6BSEvA). This 240 acre land tract offers breathtaking panoramic views of both majestic mountains and the sparkling Caribbean sea. This marquee property is the epitome of meeting a burgeoning housing need accompanied by a rather healthy ROI (Return On Investment) once developed. Location, Location, Location. Alternatively, the entire 240 acre land tract is extremely flexible and can easily be multi-phased into a major affordable housing gated develoment or a blend of both affordable housing and a luxury home development given the land’s expansive mountain and ocean views, land topography, land mass and it’s varied access points to the major North/South highway and other parochial roads. Vast Acreage: With 240 acres at your disposal, the potential for development is limitless. And with 95% of this vast land tract being flat and buildable, you can bring your vision to life with absolute ease. Endless Possibilities: W
General Information
Sale Price: $19,950,000
Price/SqFt:
Status: Active
MLS#: O6192206
City: saint ann
Post Office: saint ann
County: Out of Area
Acres: 240
Lot Dimensions: -
Size:
Acreage: 240 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes:  $500


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Paul Atkinson of PRA AND COMPANY REALTORS, Phone: 754-444-0853
(218) 428-5652 Call Mike Johnson for more information about this property.

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