$1,100,000
201 BAY Street
Neptune Beach, FL 32266
MLS# 2164940
4 beds  |  3 baths
Build your home near the beach!
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Build your home near the beach! 9-web-or-mls-Bay St-S1509-008 14-web-or-mls-Bay St-S1509-012 FIRST STREET (1) FIRST STREET (2) FIRST STREET (3) FIRST STREET (4) FIRST STREET (5) FIRST STREET (6) FIRST STREET (7) FIRST STREET

Property Description
INVESTMENT & REDEVELOPMENT OPPORTUNITY IN NEPTUNE BEACH! Rare opportunity on the corner of First St and Bay St in highly desirable Neptune Beach, just steps from the beach! Offered at $1,100,000, this property is positioned for an investor, builder, or developer seeking a coastal project. The property currently has a 1938 multifamily structure with approx. 1,980 SF, 4 bedrooms and 3 bathrooms on a 42'x100' lot. Due to the age and condition of the structure, the property is being marketed primarily for its redevelopment potential, and a tear-down may be the most practical approach. Property sold AS-IS; seller will make no repairs. Buyer to verify zoning, density, redevelopment options and intended use. SAFETY NOTICE: Exterior stairs and upper deck are unsafe. Bring your builder and vision to 201 Bay St!

Details
Contract Information
Current Price: $1,100,000
Property Sub Type: Single Family Residence
Property Attached YN: No
Status: Active
List Price: $1,100,000
Listing Contract Date: 2026-09-15
General Property Information
Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 1980
Living Area Source: Assessor
Year Built: 1938
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.1
Lot Size Dimensions: 42 X 100
Association YN: No
CDD Fee YN: No
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Entry Level: 990
Senior Community YN: No
Directions: From Atlantic Blvd heading East, turn right onto 3rd St. In 0.6 miles turn left on to Bay St. Property will be on the corner of Bay St. and First St.
Public Remarks: INVESTMENT & REDEVELOPMENT OPPORTUNITY IN NEPTUNE BEACH! Rare opportunity on the corner of First St and Bay St in highly desirable Neptune Beach, just steps from the beach! Offered at $1,100,000, this property is positioned for an investor, builder, or developer seeking a coastal project. The property currently has a 1938 multifamily structure with approx. 1,980 SF, 4 bedrooms and 3 bathrooms on a 42'x100' lot. Due to the age and condition of the structure, the property is being marketed primarily for its redevelopment potential, and a tear-down may be the most practical approach. Property sold AS-IS; seller will make no repairs. Buyer to verify zoning, density, redevelopment options and intended use. SAFETY NOTICE: Exterior stairs and upper deck are unsafe. Bring your builder and vision to 201 Bay St!
List Price/SqFt: 555.56
DPR Eligible
DPR Eligible: No
Location Tax and Legal
Street Number: 201
Street Name: BAY
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32266
MLS Area Major: 221-Neptune Beach-East
Subdivision Name: Neptune R/p
Status Change Information
Major Change Timestamp: 2026-09-15T19:55:35Z
Major Change Type: New Listing
Property Features
Architectural Style: Cottage
Levels: Two
Accessibility Features: Accessible Approach with Ramp
Property Condition: Fixer
Rental Restrictions: 1 Month
Appliances: Water Softener Owned
Utilities: Cable Available
Cooling: Wall/Window Unit(s)
Heating: Central
Water Source: Public
Construction Materials: Frame; Wood Siding
Parking Features: On Street
Current Use: Multi-Family; Residential
Possession: Close Of Escrow
Listing Terms: Cash
Listing Office: EXP REALTY LLC
Source MLS Verified

Last Updated: September - 15 - 2026

Information deemed reliable but not guaranteed.

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