2150 Park StJacksonville, FL 32204

Property Details for 2150 Park St

Year built

1911

Property type

Mixed-use properties

Property subtype

Apartment buildings

Description

This exceptional mixed-use property in Jacksonville's vibrant Riverside neighborhood presents a compelling investment opportunity. Located at 2150 Park St, this stabilized investment features two buildings totaling 4,155 square feet on a single lot. The main building boasts a versatile, unfinished commercial space on the ground floor, ideal for lease to a business, and a beautifully renovated 2-bedroom, 2-bathroom apartment above. The rear building includes two additional units: a renovated 1-bedroom, 1-bathroom unit upstairs with a private deck, and a cozy 1-bedroom, 1-bathroom unit downstairs. All residential units feature in-unit laundry and off-street parking. The property underwent renovations in 2023, including updated plumbing and electrical systems. Three of the residential units currently have annual leases with rents totaling $4,645 per month. The property is zoned CRO and offers a strong pro-forma NOI of $50,410. Built in 1911, this property combines historic charm with modern updates, making it an attractive option for both residential and commercial tenants. An adjacent duplex at 2142 Park St is also available for a potential package deal. This is a rare opportunity to acquire a mixed-use property in a highly desirable location with significant upside potential. The asking price is $925,000, or $231,250 per unit.

Location Insight

City

Jacksonville

County

Duval

State

Florida

Latitude

30.3129

Longitude

-81.6844

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