3145 RAVINES Road

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3145 RAVINES Road

Middleburg, FL 32068
Asking Price
$1.95M
Asset Type
Multifamily
Class
Class B

What's Special

3145 Ravines Road is situated in Middleburg, Florida, within the Clay County submarket. The property is located in a quiet, residential setting characterized by dense tree cover and rolling terrain, distinct from the more urbanized areas of Northeast Florida. The site offers proximity to Blanding Boulevard, a primary commercial corridor providing access to local retail centers, grocery stores, and dining options. Regional transportation is supported by the First Coast Expressway, which facilitates commutes to Orange Park and the broader Jacksonville metropolitan area. The location is suited for a multifamily development targeting a diverse tenant profile seeking a suburban lifestyle. Ideal use cases include garden-style apartments or townhomes designed for small families, local service workers, and professionals commuting to nearby employment hubs in healthcare and education. The natural surroundings and set-back location appeal to residents prioritizing a private environment while maintaining access to essential community services and regional employment centers.

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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