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123 MARGARET Street, Neptune Beach, FL 32266

$1,550,000
Property Type: Residential Income Bedrooms: 5 Baths: 4 Square Footage: 2,834 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $1,550,000 List Date: 3/20/2026 Last Modified: 4/10/2026

Overview

Description

Rare opportunity to own a triplex in the heart of Neptune Beach just blocks from the ocean! This income-producing property offers three units, making it ideal for investors, house hackers, or those looking for a coastal lifestyle with rental income. Located in one of Northeast Florida's most desirable beach communities, the property is within walking or biking distance to the beach, local restaurants, shops, and parks. Strong rental demand and limited multifamily inventory in Neptune Beach make this a prime long-term investment. Easy access to JTB provides a quick commute to Jacksonville. Whether you're looking to expand your portfolio or live near the beach while generating income, this property offers exceptional potential.

Listing Details MLS# 2135960

General Property Information

Number Of Units Total
3
Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
4
Living Area
2834
Living Area Source
Assessor
Accessibility Features YN
No
New Construction YN
No
Year Built
1949
Garage YN
Yes
Garage Spaces
2
Carport YN
No
Lot Size Acres
0.11
Association YN
No
CDD Fee YN
No
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Stories
Yes
Directions
From 3rd St (A1A), head east on Margaret St. Continue to 123 Margaret St; property is on the right.
Public Remarks
Rare opportunity to own a triplex in the heart of Neptune Beach just blocks from the ocean! This income-producing property offers three units, making it ideal for investors, house hackers, or those looking for a coastal lifestyle with rental income. Located in one of Northeast Florida's most desirable beach communities, the property is within walking or biking distance to the beach, local restaurants, shops, and parks. Strong rental demand and limited multifamily inventory in Neptune Beach make this a prime long-term investment. Easy access to JTB provides a quick commute to Jacksonville. Whether you're looking to expand your portfolio or live near the beach while generating income, this property offers exceptional potential.
List Price/SqFt
546.93
Bathrooms Half
0

Property Features

Cooling: Central Air Current Use: Residential Heating: Central Listing Terms: Cash; Conventional; FHA; Other Lot Features: Other Parking Features: Garage; Off Street; Parking Lot Possession: Close Of Escrow Utilities: Cable Available

Contract Information

Listing Contract Date
2026-03-20
Property Sub Type
Triplex

Location Tax and Legal

Street Number
123
Street Name
MARGARET
Street Suffix
Street
County
Duval
State
FL
Postal Code
32266
Subdivision Name
Bowes Oceanview
MLS Area Major
221-Neptune Beach-East

Status Change Information

Major Change Timestamp
2026-03-20T20:11:57Z
Major Change Type
New Listing

Currently Not Used

Property Attached YN
Yes
yn11
No
Accessory Dwelling Unit Y/N
No

More Information

Unit 1 Details

Unit ID
123
Actual Rent
1200
Unit SqFt
700
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Unit square feet and rents to be verified.

Unit 2 Details

Unit ID
125
Actual Rent
1800
Unit SqFt
700
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Unit square feet and rents to be verified.

Unit 3 Details

Unit ID
127
Actual Rent
3200
Unit SqFt
1400
Full Baths Total
2
Furnished
Furnished
Unit Remarks
Unit square feet and rents to be verified.

Location, Tax, and Legal

Country
US
Parcel Number
1737450000
Tax Annual Amount
23077.36
Tax Year
2025
Tax Legal Description
8-48 28-2S-29E .11 R/P BOWES S/D OCEAN VIEW LOT 8

Cooling

Central Air
Yes

Current Use

Residential
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
Other
Yes

Lot Features

Other
Yes

Parking Features

Garage
Yes
Off Street
Yes
Parking Lot
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Available
Yes
Listing Office: SPECTRUM REALTY SERVICES
Source MLS Verified
Last Updated: April - 10 - 2026
Information deemed reliable but not guaranteed.

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