UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,352 sqft
Price per Sqft $142
MLS Listing ID 1048699
HOA Y/N No
Total Fin. Sqft 2352
Year Built 1987
Annual Tax Amount $8,446
Tax Year 2024
Property Sub-Type Multi Family
Source Space Coast MLS (Space Coast Association of REALTORS®)
Property Description
3 side-by-side duplexes available (purchase individually at $335,000 each or as a package)
Current Configuration: Fully furnished, renovated duplexes operating as rent-per-room units (typically $600-$850 per room/month)
Total: 29 rentable rooms across the 3 buildings (Building 59 has 9 rooms; others have 10 each)
Significant upside: Approximately 8 rooms currently vacant for immediate additional income
2023 Full Renovation: Thoughtfully redesigned to maximize rental income (no traditional living rooms) - easily convertible back to standard 3 Bed/2 Bath layouts per side if desired
Strong Income Potential: Proven room-by-room model with room for growth through filling vacancies or adjusting strategies
Key Updates & Features:
8-year-old roofs on all buildings
All water heaters replaced in 2023
New AC units:
- Units 59 & 51 replaced in 2023
- Unit 55 replaced in New AC units:
- Units 59 & 51 replaced in 2023
- Unit 55 replaced in 2025
Complete interior remodel throughout
Management & Location Advantages:
2 buildings self-managed; 1 building on pad split (flexible setup)
Quiet dead-end road - no through traffic
Ample parking
Short walk to major bus route on Main Street for excellent tenant accessibility
This is a rare, cash-flowing opportunity in a high-demand rental market with modern upgrades and built-in expansion potential. Ideal for investors seeking immediate returns with options for long-term appreciation or reconfiguration. schedule a viewing!
Location
State FL
County Duval
Area 999 - Out Of Area
Direction Take I-95 North or South (depending on your starting point) toward downtown Jacksonville. Exit at MLK Jr. Parkway (US-1 N/US-23 N) - follow signs for MLK Parkway Northbound. Take the exit for Main Street (US-17 N). Turn left onto Main Street (if coming from south) or right (if coming from north). Turn right onto E 32nd Street - it's a small residential road just north of the intersect
Interior
Cooling Central Air, Multi Units
Flooring Vinyl
Inclusions Furniture, Fixtures and Equipment, Building & Land
Exterior
Exterior Feature ExteriorFeatures
Parking Features Additional Parking, On Street, Shared Driveway
Fence Back Yard
Roof Type Shingle
Present Use Multi-Family
Garage No
Building
Lot Description Dead End Street
Sewer Public Sewer
Water Public
Others
Senior Community No
ParcelsYN Yes
Virtual Tour https://www.propertypanorama.com/instaview/spc/1048699
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