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849 TERRACE AVENUE

Lots/Land Active With Contract
$250,000

BTC: 3.00697618

ETH: 94.33962264

-$29K (2025/07/25)
30 days
0 room(s)

Overview

INVESTOR ALERT - MULTIFAMILY!!! This property is incredibly rare as it sits in the MFR20 (Multifamily Residential - 20) zoning district. Therefore, the zoning classification allows for up to 29 dwelling units on this parcel! This property currently has a fully functional mobile home sitting on it. However, this listing is just the land and investment potential that it has. This property sits on approximately 1.45 +/- acres, and has plenty of trees for optimal privacy, in addition to it being toward the end of a dead-end road. Two RV connections on site, in addition to power and water. Located close of universities, hospitals, the interstate, and yes.... the beach! All of this with NO HOA!

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
1.45 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$700,000
$334K – $1.5M
Confidence Low
List vs. estimate
$450K below estimate
List $250,000 · -64.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,379
2024
All facts and features
  • Lot

    • Lot: 1.45 Acres

    Other Property Information

    • Parcel Number: 53390384000090

    • Zoning: MFR20

  • Type and style

    • Property Type: Land

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,379

  • Source details

    • MLS ID: NS1085427

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: 320

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REALTY PROS ASSURED