5851 Greenwood Rd
Jay, FL 32565
Map
- – beds
- – baths
- – sqft
- ~118 acre lot
- – on site
EXCEPTIONAL 118 ACRE PROPERTY WITH MULTIPLE INCOME-PRODUCING RENTAL UNITS-ENDLESS POTENTIAL!! Welcome to a rare opportunity to own 118 pristine acres of versatile land with a ready - to- stock private pond, perfectly positioned for investment, development, recreation, or private enjoyment. This expansive property features the perfect blend of agriculture, open pastures, wooded areas, natural beauty, and limitless potential and possibilities. HIGHLIGHTS INCLUDE...PERFECT FOR INVESTORS OR HOMESTEADERS - Build now or hold as long-term investment in rapidly-growing Jay, Florida. 118 DIVERSE ACRES - Ideal for farming, ranching, hunting, homesteading, or future development. MULITPLE RENTAL PROPERTIES and THREE RV SITES - Five single-family homes (Sold AS IS) on site, currently generating steady income. Ample space to add more rental homes, cabins, additional RV sites, or even a family compound. UTILITIES IN PLACE - Water, electric and septic systems are already established for the rental units, making expansion or upgrades easier. PRIVATE & ACCESSIBLE - Secluded feel with easy access to major highways or nearby towns. ZONED FOR AGRICULTURE/RESIDENTIAL USE - Flexible zoning allows for farming, equestrian use, a private retreat, or future development. Whether you're an investor looking for cash flow and land appreciation, a developer seeking a large parcel with income potential, or a family dreaming of a private estate with income-producing rentals - this property checks every box. Don't miss your chance to own this One-of-a-kind land opportunity. Contact us today for a private tour.
Last checked:
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Last updated Apr 21, 2025
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MLS# 643220 —
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:Hwy 87 North towards Jay past Allentown, Turn West on 399, right on Greenwood Road property on right about a half mile
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Latitude:30.900719
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Longitude:-87.083359
The Property
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Parcel Number:315N28000000502000
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Property Type:Land
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Property Subtype:Land/Acreage
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Topography:Rolling
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Lot Features:Central Access
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Lot Size Acres:118
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Lot Size Area:118
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Lot Size SqFt:5140080
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Lot Size Units:Acres
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Zoning Description:Agricultural,County,Horses Allowed,Mobile Homes,Res Single
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Horse:true
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Waterfront:true
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Waterfront Features:Pond
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Other Structures:Residence
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Electric On Property:true
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Road Frontage Type:County Road
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Road Surface Type:Paved
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Land Lease:true
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Land Lease Amount:3000
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Land Lease Amount Frequency:Annually
Listing Agent
- Contact info:
- Agent phone:
- (850) 564-1038
- Office phone:
- (850) 206-3666
Taxes
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Tax Legal Description:Parcel ID's 31-5N-28-0000-00502-0000, 31-5N-28-0000-00500-0000, and 31-5N-28-0000-00501-0000. Three parcels total 118+ or - acres. Determined by Survey.
Utilities
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Utilities:Natural Gas Not Available
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Electric:See Remarks
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Sewer:Septic Tank
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Water Source:Comm Water
Schools
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Elementary School:Jay
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Middle Or Junior School:JAY
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High School:Jay
The Community
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Subdivision Name:None
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/16/25
Apr 16, 2025
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Price Changed | PAR | $870,000 | -10.3% |
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8/13/24
Aug 13, 2024
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Listed / Active | PAR | $970,000 |
