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1705 LIVE OAK Drive
About This Property
Rare opportunity to acquire 10.84 acres across two parcels in Jacksonville's established Southside Estates area. Strategically located with convenient access to Downtown Jacksonville, Intracoastal West, Jacksonville Beach, and major transportation corridors, this property presents an attractive opportunity for residential development and long-term investment.
Property Highlights:
* Total Acreage: 10.84 acres across two parcels
* Addresses: 0 Laski Lane & 1705 Live Oak Drive
* Parcel Numbers: & 123463
* Current Zoning: Residential
* County: Duval
* Survey: Available
Development Potential
The property is currently zoned residential and may offer the potential for development of up to 7 homes per acre, subject to applicable zoning regulations, density restrictions, site-plan approval, infrastructure availability, and all required governmental approvals.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2026 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Price Decreased |
$995,000
↓ $105K
(9.6%) | |
| Price Decreased | |||
| May 22, 2025 | Price Increased |
$1,100,000
↑ $100K
(10%) | |
| Price Increased | |||
| Jan 13, 2025 | Price Decreased |
$1,000,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Aug 8, 2024 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017