$3,250,000
806 OAK Street
Green Cove Springs, FL 32043
MLS# 2125520
30 baths
Front
  1 / 20  
Front Final MLS Edited Images -7 Interior corridor Interior D unit B Kitchen Unit D Living Dining Kitchen Unit D Master Bedroom Unit D Master Bath Unit D Final MLS Edited Images -5 Final MLS Edited Images -4 Final MLS Edited Images -3 Final MLS Edited Images -10 Final MLS Edited Images -15 Final MLS Edited Images -16 Final MLS Edited Images -21 Final MLS Edited Images -8 Final MLS Edited Images -13 Final MLS Edited Images -14 Final MLS Edited Images -20 Final MLS Edited Images -2

Property Description
Investment Opportunity - Newer Construction Multifamily in Growth Corridor 806 Oak St presents a rare opportunity to acquire a modern, income-producing multifamily asset in the heart of Green Cove Springs, FL. Built in 2021, this well-designed apartment complex consists of 17 total units with a strong and diverse unit mix: Four (4) 3BR / 2BA units Nine (9) 2BR + office / 2BA units Four (4) 2BR / 1BA units The property was constructed with a focus on energy efficiency, including foam insulation in the attic, helping reduce operating costs while enhancing tenant comfort. The site is approved for eight (8) single-car garages, offering a clear path for additional income upside through future development. An appraisal is on file, providing added confidence for investors and lenders.

Details
Documents
Location, Tax, and Legal
Country: US
Parcel Number: 38062601699900100
Tax Annual Amount: 41490.57
Tax Year: 2025
Tax Legal Description: S 110' LOT 1 S 130' LOT 2 & ALL LOTS 11 & 12 BUDIN
Zoning Description: Multi Family
Additional Parcels YN: No
General Property Information
Lot Size Acres: 1.3
Number Of Units Total: 17
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Senior Community YN: No
Directions: From Hwy 17 S., turn right onto Oak St. The property is located on your right.
Public Remarks: Investment Opportunity - Newer Construction Multifamily in Growth Corridor 806 Oak St presents a rare opportunity to acquire a modern, income-producing multifamily asset in the heart of Green Cove Springs, FL. Built in 2021, this well-designed apartment complex consists of 17 total units with a strong and diverse unit mix: Four (4) 3BR / 2BA units Nine (9) 2BR + office / 2BA units Four (4) 2BR / 1BA units The property was constructed with a focus on energy efficiency, including foam insulation in the attic, helping reduce operating costs while enhancing tenant comfort. The site is approved for eight (8) single-car garages, offering a clear path for additional income upside through future development. An appraisal is on file, providing added confidence for investors and lenders.
Building Area Total: 18437
Stories Total: 2
Building Area Source: Public Records
Land Lease YN: No
List Price/SqFt: 176.28
Bathrooms Total: 30
Year Built: 2021
Lot Features
Cleared: 1
Parking Features
Unassigned: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Roof
Shingle: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 0
Unit SqFt: 0
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: none
Unit 2 Details
Unit ID: 2
Annual Rent: 0
Unit SqFt: 0
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: none
Unit 3 Details
Unit ID: 3
Annual Rent: 0
Unit SqFt: 0
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: none
Unit 4 Details
Unit ID: 4
Annual Rent: 0
Unit SqFt: 0
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: none
Unit 5 Details
Unit ID: 5
Annual Rent: 0
Unit SqFt: 0
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: non
Unit 6 Details
Unit ID: 6
Annual Rent: 0
Unit SqFt: 0
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: none
Unit 7 Details
Unit ID: 7
Annual Rent: 0
Unit SqFt: 0
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: none
Unit 8 Details
Unit ID: 8
Annual Rent: 0
Unit SqFt: 0
# Units (This Type): 1
Furnished: Unfurnished
Unit Remarks: none
Utilities
Cable Available: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $3,250,000
List Price: $3,250,000
Status: Active
Listing Contract Date: 2026-01-16
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 806
Street Name: OAK
Street Suffix: Street
County: Clay
State: FL
Postal Code: 32043
MLS Area Major: 161-Green Cove Springs
Status Change Information
Major Change Timestamp: 2026-01-16T19:25:50Z
Major Change Type: New Listing
Property Features
Lot Features: Cleared
Parking Features: Unassigned
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Shingle
Sale Includes: Building & Land
Utilities: Cable Available
Supplements
Strategically located, the property benefits from significant area growth, with over 10,000 new homes approved within a 2-mile radius and a new outbeltway expressway extension nearby, improving regional access and long-term demand. Green Cove Springs is a historic and desirable riverfront community, often referred to as the 19th-century "Saratoga of the South." Known for its natural warm mineral springs, St. Johns River access, parks, and small-town charm, the area offers a unique lifestyle with easy connectivity to Jacksonvillemaking it attractive to both long-term residents and commuters. At full occupancy, the property offers a projected gross income of approximately $340,000, with further upside through garage rentals and continued market rent growth. Ideal for investors seeking newer construction, stable cash flow, and long-term appreciation in a rapidly growing North Florida submarket.
Listing Office: NORTH FLORIDA REALTY ADVISORS

Last Updated: January - 16 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products