Appraised at $10.0 million in July. Will sell for $5.5 million.Just completed riverfront subdivision for sale. 96 lots 17 being on the river with ocean access. All of the roads are paved and all services are in, ready to build. Great location, half mile from elementary and high schools, 5 minutes from Navy Base and 2 golf courses, and 20 minutes to Jacksonville. The subdivision is annexed to the city of Kingsland located 20min from Jacksonville airport 2min. from I-95 5 min. from 2 major golf courses with city water/ sewer, trash pick-up, cable TV, tell. which is fiber at every lot, and elect. all services are complete. There are 13 waterfront lots and with 2 shared docks between lots there would be a total of 17 waterfront lots. These lots sell at 250K each. It is a 1hr boat ride to Intercoastal waterway, Atlantic Ocean, Cumberland Island, and there is a county maintained boat launch 5 min from property. There is a full acre set aside for an amenity area, pool, pool house,tennis,playground. We have gone ahead and started planting palm trees in between the lots. The lots are builder ready. The CCR's are in place and recorded with 1500 min sq.ft. typical building requirements. 7.5' side set backs with 80% of lots @60ft.x120 house can be 45ft wide by 80'-90' deep. The city of Kingsland is very pro active and a pleasure to work with.