1 of 7

Want to see this home?

6349 Estlawn Drive Drive

Jacksonville, FL 32208

– beds
– baths
– sqft
~3 acre lot
– on site

Fully Entitled Affordable Housing Project with 2.3MM GPR and No Property Tax Residences at Restlawn is a newly entitled 144-unit affordable housing development in Jacksonville, FL, an area with strong demand for veteran and workforce housing. This project benefits from The Live Local Act, which provides favorable financing, affordability incentives, and long-term investment stability. The units will rent at $1,289 per month through the Jacksonville Housing Authority, making them accessible while still generating strong cash flow. One of the standout features of this development is the exemption from property taxes on the building, which significantly reduces expenses and increases net operating income. Jacksonville has a consistent need for affordable and veteran housing, ensuring low vacancy rates and steady occupancy. With a gross potential revenue of nearly $2.3 million annually, this property presents a strong return potential. Additionally, the development qualifies for the Low-Income Housing Tax Credit (LIHTC), and all necessary zoning and unit count approvals are already in place, making it a rare find in the market. Phase 1 environmental assessment completed and clear. With strong cash flow potential, no property tax burden, and high tenant demand, Residences at Restlawn is a great opportunity for investors looking for stable income in the Multi Family sector.

Listing courtesy of NEFMLS / HOMECOIN.COM

Last checked: Checking… • Last updated Mar 21, 2025 •

MLS# 2076167 —

The Building

Year Built:

None
New Construction:

No
Architectural Style:

None
Entry Level:

None
Direction Faces:

None
Roof:

None
Stories Total:

None
Stories:

None
Levels:

None
Basement:

None
Foundation Details:

None
Exterior Features:

None
Building Features:

None
Window Features:

None
Patio And Porch Features:

None
Accessibility Features:

None
Building Name:

None
Building Area Total:

None

Interior

Rooms Total:

None
Furnished:

None
Interior Features:

None
Flooring:

None
Fireplaces Total:

None
Fireplace:

No
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Financial & Terms

Possession:

Other

Location

Directions:

From Gateway Town Center, head west on Norwood Ave. Turn left onto Clyde Dr, then right onto Restlawn Dr. Your destination, 6349 Restlawn Drive, will be on the left.
Cross Street:

None
Latitude:

30.386037
Longitude:

-81.697514

The Property

Parcel Number:

026199-0000
Property Type:

Land
Property Subtype:

Unimproved Land
Property Condition:

None
Property Attached:

No
Zoning:

None
Lot Features:

Other
Lot Size Acres:

2.95
Lot Size SqFt:

128502.0
Lot Size Area:

2.95
Lot Size Units:

Acres
Current Use:

Multi-Family, Residential
Possible Use:

None
Topography:

None
Additional Parcels:

No
Additional Parcels Description:

None
Road Frontage Type:

City Street
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Legal Description:

1 8-44 39-1S-26E 3.37 2 PICKETTS S/D 3 PT LOT 19 RECD O/R 20971-1813

Beds

Bedrooms Total:

None

Baths

Full Baths:

None
Three Quarter Baths:

None
Half Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

None
Heating:

No
Cooling:

None
Cooling:

No

Utilities

Utilities:

Cable Available, Electricity Available, Sewer Available, Water Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

None

Schools

Elementary School:

Sallye B. Mathis
Elementary School District:

None
Middle Or Junior School:

Jean Ribault
Middle Or Junior School District:

None
High School:

Jean Ribault

The Community

Subdivision Name:

Pickett Sibbald Gra
Pool Private:

No
Spa Features:

None
Waterfront:

false
Water Body Name:

None
Pets Allowed:

None
Association:

false

Parking

Garage:

No
Garage Spaces:

None
Attached Garage:

None
Carport:

No
Carport Spaces:

None
Parking Total:

None
Parking Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/17/25 Mar 17, 2025	Listed / Active	NEFMLS	$1,700,000

Want a closer look?

Go see 6349 Estlawn Drive Drive

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Jacksonville, FL

Similar sold homes

This plot of land located in Northwest Jacksonville, Jacksonville, FL 32208 is currently for sale for $1,700,000. 6349 Estlawn Drive Drive is a – square foot plot of land with – beds and – baths that has been on Estately for 13 days. 6349 Estlawn Drive Drive is in the Northwest Jacksonville neighborhood of Jacksonville and has a WalkScore® of 25, making it car-dependent. This plot of land is in the attendance area of Jean Ribault Middle School, Sallye B. Mathis Elementary School, and Jean Ribault High School.

Listing Courtesy of: NEFMLS and HOMECOIN.COM.

Based on information from the NORTHEAST FLORIDA MLS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. NEFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. NEFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.