822 1ST Street 822-824
Neptune Beach, FL 32266
MLS# 2121790
Status:
Active Under Contract7 beds | 5 baths
Property DescriptionFully occupied five-unit multifamily investment located at 822 1st Street in the heart of Neptune Beach. This property features three 2BR/1BA units and two 1BR/1BA units, all currently leased and producing $12,095 per month in gross rental income. Situated on an oversized 85' x 100' lot with 85 feet of frontage along 1st Street, the property offers strong long-term value supported by land, location, and income. Ideally located near the ocean with walkable access to dining, shopping, and local amenities in one of Northeast Florida's most desirable coastal markets. Ideal opportunity for investors seeking immediate cash flow with future upside.
Unit Number: 822-824
Country: US
Parcel Number: 1728220000
Tax Annual Amount: 19560.25
Tax Year: 2025
Tax Legal Description: 15-46 21-2S-29E BRUMMERS S/D OF E 100FT BLK 36 R/P
Number Of Buildings: 2
Lot Size Acres: 0.2
Bathrooms Half: 0
Living Area: 3920
Number Of Units Total: 5
CDD Fee YN: No
Waterfront YN: No
Directions: North on Third Street, right onto Pine Street. Left onto First Street.
Public Remarks: Fully occupied five-unit multifamily investment located at 822 1st Street in the heart of Neptune Beach. This property features three 2BR/1BA units and two 1BR/1BA units, all currently leased and producing $12,095 per month in gross rental income. Situated on an oversized 85' x 100' lot with 85 feet of frontage along 1st Street, the property offers strong long-term value supported by land, location, and income. Ideally located near the ocean with walkable access to dining, shopping, and local amenities in one of Northeast Florida's most desirable coastal markets. Ideal opportunity for investors seeking immediate cash flow with future upside.
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 5
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
List Price/SqFt: 535.71
Bedrooms Total: 7
Bathrooms Total: 5
Bathrooms Full: 5
Accessory Dwelling Unit Y/N: No
Property Attached YN: No
Separate Meters: 1
Wall/Window Unit(s): 1
Unit ID: 822
Actual Rent: 2935
Unit SqFt: 1143
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit ID: 824
Actual Rent: 3040
Unit SqFt: 1143
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit ID: 818
Actual Rent: 2000
Unit SqFt: 462
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit ID: 820
Actual Rent: 2920
Unit SqFt: 902
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit ID: 822.5
Actual Rent: 1200
Unit SqFt: 270
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Electricity Available: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Current Price: $2,100,000
List Price: $2,100,000
Status: Active Under Contract
Listing Contract Date: 2025-12-10
Property Sub Type: Multi Family
Street Number: 822
Street Name: 1ST
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32266
Subdivision Name: Neptune
MLS Area Major: 221-Neptune Beach-East
Major Change Timestamp: 2026-02-01T18:58:11Z
Major Change Type: Status Change
Contingency: Active Under Contract
Cooling: Separate Meters; Wall/Window Unit(s)
Income Includes: Laundry; Parking; Storage
Listing Terms: Cash; Conventional
Parking Features: Off Street
Possession: Close Of Escrow
Tenant Pays: All Utilities
Utilities: Electricity Available; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Available
Contingency Reason: Inspection
Listing Office: KST GROUP LLC
Last Updated: February - 01 - 2026
Information deemed reliable but not guaranteed.
