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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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    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#: 643220MLS Logo

    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

    DateEventPrice
    12/5/2025Sold$600,000-20%
    Source: PAR #643220 Report a problem
    10/7/2025Contingent$750,000
    Source: PAR #643220 Report a problem
    6/27/2025Price change$750,000-13.8%
    Source: PAR #643220 Report a problem
    4/16/2025Price change$870,000-10.3%
    Source: PAR #643220 Report a problem
    9/7/2024Listed for sale$970,000
    Source: PAR #643220 Report a problem

    Public tax history

    YearProperty taxesTax 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
    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.