Welcome to Sunset Island! This high and dry waterfront property is +/ 1 acre and is situated in the heart of the Spruce Creek Preserve and is surrounded by Strickland Bay, as well as lands owned by the State of Florida. Zoned B7 Commercial Marina allows for many potential uses such as Marina, Restaurant, Hotel, Fishing Lodge, B&B and Watercraft Rentals to name a few. With approximately 250 ft on US1/Ridgewood, you have your own turn lane from the North and a crossover in front of the drive from the South. There are 2 grandfathered in residential units which include a 2 bedroom, 2 bathroom home and a 1 bedroom, 1 bathroom apartment rebuilt in 2015. There is also a 1700 +/ sq ft commercial building, a storage & laundry building, and a separate garage. 2 septic systems have been redone in recent years. With over 275' of water frontage, this beautiful property is located at the head waters of Spruce Creek with access to Turnbull Bay and is on the Florida Trail, a canoe/kayak trail developed by the state. You'll also find this property as part of the St Johns River to Sea route.