PROPERTY DESCRIPTION

WOW! ALMOST 300 ACRES WITH OVER 1000 FT ON THE BEAUTIFUL SAINT JOHNS RIVER AT ONE OF THE WIDEST POINTS. THE ASSEMBLEGE CONSISTS OF THREE OFFERINGS - OFFERING #1 IS 212.73 ACRES; OFFERING #2 IS 63.45 ACRES AND OFFERING #3 IS 20.6 ACRES. NOT ONLY IS THERE BEAUTIFUL RIVERFRONT, BUT THERE IS A TIDAL CANAL THAT RUNS DOWN PART OF THE PROPERTY THAT PROVIDES ANOTHER GREAT AMENITY. LARGE SECTIONS OF THE PROPERTY ARE CLEARED. THERE IS A TIMBER HARVESTING PERMIT ON THE PROPERTY WHICH KEEPS THE TAXES LOW. THE OWNER OF THE PROPERTY ALSO HAS A PACKAGE PLANT CERTIFICATE FOR WATER AND SEWER. THIS BEAUTIFUL OLD FLORIDA PROPERTY HAS MANY POSSIBILITIES - RIVERFRONT ESTATE OR YOUR OWN PRIVATE HUNTING CAMP OR A DEVELOPMENT FOR HUNDREDS OF HOMES. THE RIVERFRONT PROPERTY HAS AN EXISTING DOCK AND BOATHOUSE SITUATED AT THE MOUTH OF THE CANAL AND A WIDE PLACE ON THE RIVER. INCREDIBLE WATER VIEWS ON THIS WIDE SECTION OF THE ST JOHNS RIVER. THIS LOCATION HAS TREMENDOUS POTENTIAL. THE LOCATION IS APPROXIMATELY 10 MILES NORTH OF HISTORIC DOWNTOWN PALATKA AND ABOUT 18 MILES FROM GREEN COVE SPRINGS AND THE GROWTH AND DEVELOPMENT THAT WILL COME WITH THE NEW FIRST COAST EXPRESSWAY. A NEW WALMART IS A FEW MILES FROM THIS SITE AND THERE ARE OTHER BIG NAME STORES COMING TO THIS AREA. THE OWNERS WILL CONSIDER HOLDING A FIRST MORTGAGE. RARE OPPORTUNITY FOR A GRAND RIVERFRONT DEVELOPMENT.