Lake City, Florida Building Lot

New Home Building Opportunity Prospectus

Opportunity Overview

Address: 1260 NW Eadie Street, Lake City FL 32055

Lot Price: $15,000. 

Proposed Construction: Double Wide Mobile Home. 4/2, 1,500 SF.

Estimated Sale Price: $200,000.

Comparable Sales: 

• $234,000. 263 NE Windall Ln, Lake City, FL 32055. 3/2, 1,512 SF. Less desirable area, but has a 1-Acre Lot.
• $229,900. 272 NW Wilks Ln, Lake City FL 32055. 4/2, 1,456 SF. More desireable area. Larger, 1 Acre Lot on Dirt Road.
• $195,000. 192 NW Whitney Glen, Lake City, FL 32055. 3/2, 1,380 SF. More desirable area, but backs up to I-75, a 6-Lane Interstate Highway.
• $175,000. 232 SE Scarlett Way, Lake City, FL 32055. 3/2, 1,144 SF. 

Lot Information

Lot Dimensions: 80’ Wide X 152’ Deep. 

Setbacks: Front: 25’. Side 10’. Back 15’. 

Buildable Area: 60’ Wide X 75’ Deep (Flood Zone is in far back of property.) 4,500 SF. 

Size: .27 Acres. 

Municipality: City of Lake City

Utilities: City Water and Sewer. Electric.

City Water and Sewer have been sited on the property. Electrical is available on the surrounding homes. 

Flood Zone: Yes, in the far back of the property. Flood Zone is approximately 100’ from the front property line. 

Fill Dirt Required? Yes. The lot has an approximate 2 foot downward slope from the 25’ setback to 50’ beyond that – where the back of a house would be. Fill dirt is estimated to cost about $6,000.

Access: Paved Road. NO driveway or culvert is currently in place. One would need to be installed for a new home.

HOA: None.

Deed Restrictions: None.

Zoning: RSF-2. Per the Lake City Land Development Regulations, Double Wide Mobile Homes are considered “Single Family” per Sections 4.5.1, 4.5.2, Section 2.1 Definition of “Dwelling, Single Family”, and 4.2.31. For reference, a Double Wide Mobile Home was built in 2023 in RSF-3 Zoning. The address is 302 SE McCray Ave, Lake City, FL 32025. 

Legal Description: Metes and Bounds.

Survey: Available. Contact us to request.

Disclosures:

• The property is owned by Ben Curry, Licensed Real Estate Agent with Herron Real Estate. 
• Street number is estimated. The lot on the South Side of the road, between 1250 NW Eadie and 1280 NW Eadie.

Disclaimer: Information provided is not guaranteed. Use with caution. No warranty provided. Buyer must verify the property details to ensure the property meets their requirements. 

Contact us for more information or to submit an offer on this property.