$1,750,000

229 Margaret St Neptune Beach, FL 32266

Estimated payment $11,254/month

Total Views 1,070
6 Beds
6 Baths
3,432 Sq Ft
$510 Price per Sq Ft

Highlights

  • No HOA
  • Balcony
  • Courtyard
  • Duncan U. Fletcher High School Rated A-
  • Cooling Available
  • Laundry in Carport

About This Home

Very rare opportunity to own a multifamily property EAST of A-1-A in Neptune Beach with a pool. This property is fully rented and has been for quite some time. There are 4 one bedroom/one bath apartments and 1 two bedroom/two bath apartment. Most of the units have been updated and they share onsite laundry and the pool. Call the listing agent for more details.

Listing Agent

Ronald Taylor

KELLER WILLIAMS REALTY ATLANTIC PARTNERS License #3104145 Listed on: 08/02/2025

KELLER WILLIAMS REALTY ATLANTIC PARTNERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,065

Year Built

  • Built in 1938

Lot Details

  • 5,663 Sq Ft Lot
  • Back Yard Fenced
  • Few Trees

Parking

  • 1 Car Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Electric Oven

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry in Carport
  • Laundry on lower level

Outdoor Features

  • Balcony
  • Courtyard

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Jax Beach Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1734570000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,065

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Attached Yn: Yes
  • New Construction: No
  • Stories: 2
  • Year Built: 1938
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Jax Beach Park
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • General Property Information Living Area2: 3432.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: No
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Fencing Back Yard: Yes
  • Flooring Laminate: Yes
  • General Property Information Stories Total: 2
  • Laundry Features In Carport: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Number Of Units Total2: 5.0
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Laundry Features Lower Level: Yes
  • General Property Information Number Of Buildings2: 2.0
  • General Property Information:Pool Private YN: Yes
  • Special Features: None

Interior Features

  • Major Appliances: Electric Oven, Refrigerator
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 3432.0
  • Stories: 2
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Exterior: Balcony, Courtyard
  • Fencing: Back Yard, Block
  • Roof: Shingle, Tar/Gravel
  • Lot Features: Few Trees
  • Pool Features: In Ground
  • Exterior Features:Balcony: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Off Street
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Assigned: Yes
  • General Property Information:Garage YN: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Laundry Features: In Carport, Lower Level
  • Cooling: Split System
  • Cooling Y N: Yes
  • Heating: Varies by Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Varies by Unit2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 1734570000

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 20065.29
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $20,065 $1,072,607 -- --
2024 $16,445 $1,380,797 $655,200 $725,597
2023 $16,445 $958,259 $579,600 $378,659
2022 $14,131 $869,030 $554,400 $314,630
2021 $12,980 $750,493 $478,800 $271,693
2020 $11,921 $690,452 $428,400 $262,052
2019 $10,862 $605,461 $352,800 $252,661
2018 $10,558 $583,396 $352,800 $230,596
2017 $10,404 $571,768 $302,400 $269,368
2016 $9,598 $514,916 $0 $0
2015 $6,534 $390,296 $0 $0
2014 $6,306 $373,877 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 For Sale $1,750,000 +200.2% $510 / Sq Ft
12/17/2023 12/17/23 Off Market $583,000 -- --
05/19/2015 05/19/15 Sold $583,000 -10.2% $225 / Sq Ft
04/16/2015 04/16/15 For Sale $649,000 -- $250 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $583,000 Attorney
Warranty Deed $250,000 --
Warranty Deed $70,000 --
Warranty Deed $96,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,250 Future Advance Clause Open End Mortgage
Previous Owner $150,000 Credit Line Revolving
Previous Owner $431,000 Unknown
Previous Owner $50,000 Unknown
Previous Owner $315,230 Unknown
Previous Owner $207,100 No Value Available
Previous Owner $200,000 No Value Available
Previous Owner $76,000 No Value Available
Source: Public Records

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Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2101950

realMLS (Northeast Florida Multiple Listing Service)

APN: 173457-0000