INVESTMENT & REDEVELOPMENT OPPORTUNITY IN NEPTUNE BEACH! Rare opportunity on the corner of First St and Bay St in highly desirable Neptune Beach, just steps from the beach! Offered at $1,100,000, this property is positioned for an investor, builder, or developer seeking a coastal project. The property currently has a 1938 multifamily structure with approx. 1,980 SF, 4 bedrooms and 3 bathrooms on a 42'x100' lot. Due to the age and condition of the structure, the property is being marketed primarily for its redevelopment potential, and a tear-down may be the most practical approach. Property sold AS-IS; seller will make no repairs. Buyer to verify zoning, density, redevelopment options and intended use. SAFETY NOTICE: Exterior stairs and upper deck are unsafe. Bring your builder and vision to 201 Bay St!