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Keystone Heights CRA to assess downtown and lakefront parcels, council lists price estimates
Summary
Council directed staff to work with a real estate agent to assess multiple redevelopment-area properties, including two parcels on N Lawrence Blvd with estimated prices of $500,000 each and several downtown and lakefront lots priced from $12,000 to $25,000.
Council members instructed city staff to coordinate with a real estate agent to evaluate available properties within the redevelopment area and provide feasibility information. The list included a parcel north of Family Dollar on N Lawrence Blvd (estimated $500,000), 215 N Lawrence Blvd at Lawrence and Commercial Circle (estimated $500,000), 7211 Cardinal Street (estimated $12,000), and three Orchid Avenue parcels (estimated $20,000–$25,000 each), along with several downtown lots adjacent to Keystone Beach, Capital City Bank, and Taco Bell.
The council’s direction was to have staff return with assessments that support the 2025 Community Redevelopment Plan amendment, including acquisition priorities and how individual parcels might support economic development and downtown revitalization.
