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.
Lot/land
Price cut: $120K (6/27)
$750,000
5851 Greenwood Rd, Jay, FL 32565
--beds
--baths
118Acres
Unimproved Land
Built in ----
118 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rv hookupsFarming areaExtreme privacyHunting land
- 497 days
- on Zillow |
- 305 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 09:16am
Listed by:
Janet Coulter 850-206-3666,
JANET COULTER REALTY
Source: PAR,MLS#: 643220

Travel times
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Waterfront features: Pond, Natural
Lot
- Size: 118 Acres
- Features: Central Access, Cleared
- Topography: Rolling
Details
- Additional structures: Residence
- Parcel number: 315n28000000502000
- On leased land: Yes
- Lease amount: $3,000
- Zoning description: Agricultural,County,Horses Allowed,Mobile Homes,Res Single
- Horses can be raised: Yes
Utilities & green energy
- Electric: See Remarks
- Sewer: Septic Tank
- Water: Comm Water, Private
- Utilities for property: Natural Gas Not Available, Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Jay
Financial & listing details
- Tax assessed value: $125,031
- Annual tax amount: $1,642
- Price range: $750K - $750K
- Date on market: 4/5/2024
- Lease term: 12 Months
- Electric utility on property: Yes
- Road surface type: Paved
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