$1,285,000
COMING SOON

Estimated payment $8,213/month

Total Views 94
4 Beds
4 Baths
1,800 Sq Ft
4,356 Sq Ft Lot

Highlights

  • Corner Lot
  • No HOA
  • Central Heating and Cooling System
  • Duncan U. Fletcher High School Rated A-

About This Home

Coming Soon listing, no showings. **Rare Four-Unit Investment Opportunity Just Steps from the Atlantic Ocean in Neptune Beach!** Located on highly desirable 1st Street, this established quadruplex offers an exceptional opportunity to own an income-producing property in one of Northeast Florida's most sought-after coastal communities. Four individual studio-style residences, each with a full kitchen and private bath, provide multiple income streams from a single property--all within approximately one block of the beach. Situated on a **70' x 60' corner parcel** with frontage along 1st Street and Margaret Street, the property enjoys excellent visibility, convenient off-street parking and the unmistakable character of old Neptune Beach. Mature palms, established landscaping and classic coastal architecture give the property an authentic beach-town feel, while the aerial photography dramatically showcases its proximity to the ocean.

The property has benefited from numerous improvements over the years, including a roof reported replaced in approximately 2015 and plumbing and electrical updates. More recent improvements include replacement window A/C units in multiple residences, new tile in Unit 1919, a replacement sliding door in Unit 1923 and rebuilding of the trash-area fence. The 2021 four-point inspection also documented four individual 60-amp electrical panels and plumbing updates.

Just blocks from the restaurants, shopping and lifestyle that make the Beaches so desirable, this is the type of property that rarely becomes available: **four rental units, a corner location, and the Atlantic Ocean practically at your doorstep.**

**1917-1923 1st Street -- own the income, the location and a piece of Neptune Beach.**

Listing Agent

Tracey McCue Paulsen

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY License #3197397

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,482

Year Built

  • Built in 1958

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Parking

  • Unassigned Parking

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Neptune Beach Elementary School
  • Fletcher Jr High Middle School
  • Duncan Fletcher High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ocean View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1737390000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,482

Year Built

Built in 1958

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 2
  • Year Built: 1958
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.1
  • Lot Size: 60 * 70
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean View
  • Carport Y N: No
  • Garage Yn: No
  • General Property Information Accessibility Features YN2: No
  • General Property Information:Pool Private YN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDE0MSIsIkxpc3RpbmdJRCI6IjIxNjM0NzEiLCJTdGFuZGFyZFN0YXR1cyI6IkNvbWluZyBTb29uIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wOS0wNFQxMzo0NToxOC4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8yNzM3NyIsIkxpY2Vuc2VlTmFtZSI6IlRlbi1YIn0.OtBLXxVDHE4bSXNt3W7SalgCd2qwfHhfic9T_DPOwuI/badge
  • Special Features: ComingSoon

Interior Features

  • Furnished: Unfurnished
  • Owner Pays: Insurance, Taxes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 1800.0

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Lot Features: Corner Lot
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking Features:Parking Features: Unassigned

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Heating: Central

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Neptune Beach
  • High School: Duncan Fletcher
  • Middle Or Junior School: Fletcher Jr High

Lot Info

  • Current Use: Multi-Family, Residential, Single Family
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 1737390000
  • Zoning Description: Multi Family

Rental Info

  • Tenant Pays: All Utilities

Multi Family

Tax Info

  • Tax Annual Amount: 13481.69
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $13,482 $832,385
2025 $13,024 $756,714 $729,600 $27,114
2024 $11,626 $756,639 $729,600 $27,039
2023 $11,626 $644,780 $615,600 $29,180
2022 $10,140 $592,823 $592,800 $23
2021 $9,745 $554,449 $433,200 $121,249
2020 $9,388 $530,947 $433,200 $97,747
2019 $9,025 $503,081 $410,400 $92,681
2018 $8,934 $493,662 $410,400 $83,262
2017 $7,529 $411,280 $319,200 $92,080
2016 $6,829 $366,382 $0 $0
2015 $6,431 $339,051 $0 $0
2014 $6,441 $335,925 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $605,000 -- --
12/17/2023 12/17/23 Off Market $605,000 -- --
12/17/2023 12/17/23 Off Market $605,000 -- --
12/17/2023 12/17/23 Off Market $1,100 -- --
07/15/2019 07/15/19 Rented $1,100 0.0% --
07/05/2019 07/05/19 Under Contract -- -- --
06/15/2019 06/15/19 For Rent $1,100 0.0% --
01/19/2018 01/19/18 Sold $605,000 -6.9% $350 / Sq Ft View Prior Sale
11/25/2017 11/25/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $650,000 +7.4% $376 / Sq Ft
02/17/2017 02/17/17 Sold $605,000 0.0% $350 / Sq Ft View Prior Sale
02/17/2017 02/17/17 Sold $605,000 -3.4% $350 / Sq Ft View Prior Sale
02/13/2017 02/13/17 Pending -- -- --
02/06/2017 02/06/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $626,000 0.0% $362 / Sq Ft
12/28/2016 12/28/16 For Sale $626,000 -- $362 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $605,000 Richard T Morehead Title & E
Deed $605,000 --
Warranty Deed $595,000 --
Warranty Deed $455,000 Watson & Osborne Title Servi
Warranty Deed $407,000 Gibraltar Title Services
Warranty Deed $284,000 Gibraltar Title Services
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $483,500 New Conventional
Closed $484,000 New Conventional
Previous Owner $476,000 Unknown
Previous Owner $400,000 Unknown
Previous Owner $300,500 Unknown
Previous Owner $241,500 Balloon
Previous Owner $244,346 No Value Available
Source: Public Records

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2163471

realMLS (Northeast Florida Multiple Listing Service)

APN: 173739-0000

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