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404 MARGARET Street, Neptune Beach, FL 32266

$791,000
Property Type: Residential Income Bedrooms: 4 Baths: 4 Square Footage: 3,000 Status: Closed
Current Price: $791,000 List Date: 6/26/2021 Last Modified: 2/09/2025

Overview

Description

Rare opportunity to acquire a 4-plex in Neptune Beach. This 1940's multi-unit has remained fully rented for 50+ years. This unique property has unlimited potential for investment or configure upstairs into one owners suite with two rental units downstairs! 3 Blocks to beach access, schools and area restaurants building has been updated thru the years with newer roof, HVAC, pluming and other items.

Listing Details MLS# 1117210

General Property Information

Number Of Units Total
4
Bedrooms Total
4
Bathrooms Total
4
Bathrooms Full
4
Living Area
3000
Living Area Source
Public Records
Year Built
1947
Lot Size Dimensions
52 *105
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Stories
2
Directions
From Beach Blvd heading north on A1A, take a left onto Margaret St. Building is on the right.
Public Remarks
Rare opportunity to acquire a 4-plex in Neptune Beach. This 1940's multi-unit has remained fully rented for 50+ years. This unique property has unlimited potential for investment or configure upstairs into one owners suite with two rental units downstairs! 3 Blocks to beach access, schools and area restaurants building has been updated thru the years with newer roof, HVAC, pluming and other items.
List Price/SqFt
298.33
Sold Price/SqFt
263.67
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Electric Oven; Electric Range; Electric Water Heater; Refrigerator Construction Materials: Concrete; Other Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Owner Pays: Sewer; Water Parking Features: Unassigned Pool Features: None Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Utilities: Separate Electric Meters Water Source: Public

Contract Information

Listing Contract Date
2021-06-24
Property Sub Type
Quadruplex

Location Tax and Legal

Street Number
404
Street Name
MARGARET
Street Suffix
Street
County
Duval
State
FL
Postal Code
32266
Subdivision Name
Jax Beach Park
MLS Area Major
222-Neptune Beach-West

Status Change Information

Major Change Timestamp
2021-12-13T14:57:39Z
Major Change Type
Status Change
Purchase Contract Date
2021-10-22
Close Date
2021-12-10
Close Price
791000

Historical Information

Public Historical Remarks 1
Restrictions-Pets-Limited (SIR): Y, Utilities-Common Water: Y, Occupancy Rate: 100, Number of Buildings: 1 Building, Present Rental Terms: Year, One Bedroom Rentals: Over $600/Month
Public Historical Remarks 2
Restrictions-Pet Fee (No Refund): Y, Present Tenant Exp: All Electric,Security Deposit
Public Historical Remarks 3
Current Zoning: NR-3

More Information

Location, Tax, and Legal

Country
US
Parcel Number
1735380000

Appliances

Electric Oven
Yes
Electric Range
Yes
Electric Water Heater
Yes
Refrigerator
Yes

Construction Materials

Concrete
Yes
Other
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Owner Pays

Sewer
Yes
Water
Yes

Parking Features

Unassigned
Yes

Pool Features

None
Yes

Possession

Negotiable
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Utilities

Separate Electric Meters
Yes

Water Source

Public
Yes
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Source MLS Verified
Last Updated: February - 09 - 2025
Information deemed reliable but not guaranteed.

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