Sold for $600,000
$600,000
5851 Greenwood Rd, Jay, FL 32565
--beds
--baths
118Acres
Unimproved Land
Built in ----
118 Acres Lot
$-- Zestimate®
$--/sqft
$1,202 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,202/mo
Zestimate® history
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Owner options
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: December 06, 2025 at 06:06am
Listed by:
Janet Coulter 850-206-3666,
JANET COULTER REALTY
Bought with:
Janet Coulter
JANET COULTER REALTY
Source: PAR,MLS#: 643220
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 & neighborhood
Location
- Region: Jay
- Subdivision: None
Other
Other facts
- Price range: $600K - $600K
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | $600,000-20% |
Source: | ||
| 10/7/2025 | Contingent | $750,000 |
Source: | ||
| 6/27/2025 | Price change | $750,000-13.8% |
Source: | ||
| 4/16/2025 | Price change | $870,000-10.3% |
Source: | ||
| 9/7/2024 | Listed for sale | $970,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,642 +4% | $125,031 +6.4% |
| 2023 | $1,579 +21% | $117,545 +44.3% |
| 2022 | $1,305 +10.5% | $81,452 +7.7% |
Find assessor info on the county website
Neighborhood: 32565
Nearby schools
GreatSchools rating
- 8/10Jay Elementary SchoolGrades: PK-6Distance: 5.2 mi
- 4/10Jay High SchoolGrades: 7-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: Jay
- Middle: JAY
- High: Jay
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
