$2,295,000
1221 E 16TH Street
Jacksonville, FL 32206
MLS# 2121938
2 beds


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Property Description
The sale includes plans and entitlements to construct a new storage structure of approximately 120,000 sq.ft. and maximum height of 90ft on the east side of the site in addition to the existing 48,736 sq.ft. brick structure which has already been rezoned PUD. The PUD zoning allows for 144 multi family or condo units, hospitality, educational, medical and commercial. There is additional parking potential on the vacant lot on the corner of Franklin/17th for future ventures. •Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination. •Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence

Details
Documents
Location, Tax, and Legal
Country: US
Parcel Number: 1135670010
Tax Annual Amount: 18771.27
Tax Year: 2025
Zoning Description: PUD
Tax Legal Description: 2-8 06-2S-27E 2.17 HARTRIDGES ADDITION TO EAST SPR
General Property Information
Lot Size Acres: 2.17
Bathrooms Half: 0
Living Area: 48736
Number Of Units Total: 2
CDD Fee YN: No
Waterfront YN: No
Directions: MLK, take Phoenix Ave S, E on 17th, property is located on the corner of Franklin and 17th
Public Remarks: The sale includes plans and entitlements to construct a new storage structure of approximately 120,000 sq.ft. and maximum height of 90ft on the east side of the site in addition to the existing 48,736 sq.ft. brick structure which has already been rezoned PUD. The PUD zoning allows for 144 multi family or condo units, hospitality, educational, medical and commercial. There is additional parking potential on the vacant lot on the corner of Franklin/17th for future ventures. •Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination. •Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Stories Total: 2
Water Body Access YN: No
List Price/SqFt: 47.09
Bedrooms Total: 2
Year Built: 1912
Currently Not Used
Accessory Dwelling Unit Y/N: No
Property Attached YN: Yes
yn11: No
Cooling
Other: 1
Current Use
Other: 1
Heating
Other: 1
Listing Terms
Cash: 1
Private Financing Available: 1
Lot Features
Cul-De-Sac: 1
Parking Features
Additional Parking: 1
Possession
Close Of Escrow: 1
Unit 1 Details
Unit ID: 1
Actual Rent: 0
Unit SqFt: 24368
Beds Total: 1
Furnished: Unfurnished
Unit Remarks: vacant
Unit 2 Details
Unit ID: 2
Actual Rent: 0
Unit SqFt: 24368
Beds Total: 1
Furnished: Unfurnished
Unit Remarks: vacant
Utilities
Other: 1
Contract Information
Current Price: $2,295,000
List Price: $2,295,000
Status: Active
Listing Contract Date: 2025-10-16
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1221
Street Direction Prefix: E
Street Name: 16TH
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
Subdivision Name: Eastside
MLS Area Major: 076-Downtown Jacksonville-Eastside
Status Change Information
Major Change Timestamp: 2025-12-18T00:27:40Z
Major Change Type: New Listing
Property Features
Cooling: Other
Current Use: Other
Heating: Other
Listing Terms: Cash; Private Financing Available
Lot Features: Cul-De-Sac
Parking Features: Additional Parking
Possession: Close Of Escrow
Utilities: Other
Supplements
and luxury office space, Gateway project which spans an estimated 20 blocks and consists of multi-family, retail and additional mixed use, Laura Street Trio (consists of an Autograph Marriot and an upscale restaurant space), Mosh science museum, $1.3 billion renovations to the Jaguar Stadium and much more.

Listing Office: MAXREV, LLC

Last Updated: December - 18 - 2025

Information deemed reliable but not guaranteed.