$1,250,000
SOLD APR 4, 2025

218 Cedar St Neptune Beach, FL 32266

4 Beds
2 Baths
2,052 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$609 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Wood Siding
  • Duncan U. Fletcher High School Rated A-
  • 2 Car Garage

About This Home

As of April 2025

This is a remarkable opportunity to buy in Neptune Beach, between 1st and 2nd Street. This duplex gives your buyer the choice of having an income-producing property or renovating and building new on a larger-than-average lot. Great outdoor living space potential, and detached 2-car garage provides plenty of storage or possible workspace. Don't miss the opportunity to see the property and envision your dream beach getaway. The tax record has this listed as a 6,600 sq ft lot (50' x 132').Current duplex features 2 units, both with 2 bedrooms and 1 full bath. Just steps to the beach and a short walk to the town center, where you will find shopping, restaurants and a vibrant nightlife.

Last Agent to Sell the Property

Scott Allen

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY License #3372329 Listed on: 02/24/2025

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Co-Listed By

SHANNON LUPOLE

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY License #3269229

Last Buyer's Agent

Holly Reaves

ENGEL & VOLKERS FIRST COAST License #3354877

ENGEL & VOLKERS FIRST COAST

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 132

Parking

  • 2 Car Garage
  • Additional Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Neptune Beach Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1726250010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,315

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Year Built: 1961
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.15
  • Lot Size: 50 x 132
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Neptune Beach Terr
  • Carport Y N: No
  • Garage Yn: Yes
  • General Property Information Living Area2: 2052.0
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • General Property Information Stories Total: 2
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2052.0
  • Stories: 2

Exterior Features

  • Lot Features: Other
  • Construction Type: Block, Frame, Wood Siding
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Garage
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Additional Parking: Yes
  • General Property Information:Garage YN: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 1726250010

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5315.29
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Apr 4, 2025
Sold by
Dennis Jean H and Sullivan Susan
Bought by
Distribution Ave Llc
Seller's Agent
Scott Allen
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Buyer's Agent
Holly Reaves
ENGEL & VOLKERS FIRST COAST
List Price
$1,250,000
Sold Price
$1,250,000
Views
7
Current Estimated Value
$1,241,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,036
Avg. Annual Appreciation
-1.52%

Purchase Details

Closed on
Jan 31, 2000
Sold by
Dennis Margaret L
Bought by
Dennis Jean H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.62%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,250,000 Gibraltar Title Services
Warranty Deed $1,250,000 Gibraltar Title Services
Interfamily Deed Transfer $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 No Value Available
Closed $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $1,250,000 0.0% $609 / Sq Ft
04/04/2025 04/04/25 Sold $1,250,000 0.0% $609 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
03/03/2025 03/03/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $1,250,000 0.0% $609 / Sq Ft
02/24/2025 02/24/25 For Sale $1,250,000 -- $609 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $5,315 $352,378 -- --
2024 $5,315 $342,448 -- --
2023 $5,164 $332,474 $0 $0
2022 $4,795 $322,791 $0 $0
2021 $4,766 $313,390 $0 $0
2020 $4,720 $309,064 $0 $0
2019 $4,668 $302,116 $0 $0
2018 $4,609 $296,483 $0 $0
2017 $4,554 $290,385 $0 $0
2016 $4,530 $284,413 $0 $0
2015 $4,577 $282,436 $0 $0
2014 $4,586 $280,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2072072

realMLS (Northeast Florida Multiple Listing Service)

APN: 172625-0010