Two residences, room to spread out, and a North Jacksonville location. Set on 1.36 acres in Oceanway, 865 Cole Road offers a primary residence plus a separate in-law home, a layout that gives buyers several ways to use the property. Explore a rental investment or a combination of personal living space and rental use. Features include tile flooring, a metal roof, separate electric meters, a gated entrance, a paved driveway, carports, and an RV pad with hookups. The detached home adds a separate living space, while the grounds provide room for parking and outdoor use. Convenient to I-95, I-295, Jacksonville International Airport, and River City Marketplace. Buyers should verify permitted uses, square footage, leases, and property systems during due diligence. The property consists of a 9-bedroom, 5-bath main residence plus a detached 1-bedroom, 1-bath accessory dwelling unit, offering flexibility that is hard to find in today's market. The main residence is configured with multiple living areas, including suites with private interior laundry, and the largest suite offers 3 bedrooms, 2 baths, and propane service for the range and dryer. An insulated garage could easily be converted into additional living space. The detached ADU adds even greater versatility, ideal as a guest house, in-law suite, property manager's quarters, or additional rental opportunity. Extensive capital improvements have already been completed, providing peace of mind and minimizing future maintenance: a new 6,250+ sq ft ribbed metal roof, updated plumbing throughout, new electrical panels with separate electric meters and primarily 12-gauge wiring, hurricane-impact windows throughout most of the property, durable red steel construction with predominantly metal siding, matching tile flooring throughout, industrial-sized gutters with French drains, new appliances and propane service, two oversized septic systems with expansive drain fields, and vinyl fencing with a heavy-duty automatic security gate. The exterior features a 220-foot paved driveway, two large carports, a greenhouse, an oversized concrete RV pad with full hookups, extensive parking, and well-maintained grounds. The property is in Flood Zone X. Just minutes from I-95 and I-295, less than 10 minutes to Jacksonville International Airport, about 15 minutes to Downtown Jacksonville, about 25 minutes to the beaches, and minutes from River City Marketplace. Use it as a primary home with income from the ADU, a multi-generational compound, or an investment, and explore potential future subdivision or additional development, subject to buyer verification with the appropriate governmental authorities. With 3,380 total square feet across both buildings on 1.36 acres, this property would be difficult and costly to recreate at today's land and construction costs. Schedule your private showing today.