123 18TH, Jacksonville Beach, Florida 32250 MLS 2121786

123 18TH, Jacksonville Beach, Florida 32250

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Property Description

Fully occupied 5-unit multifamily investment just one block from the beach at 123 18th Ave N in Jacksonville Beach. This stabilized coastal asset generates $12,095 per month in gross rental income with all units currently leased. The property features an attractive unit mix consisting of one 4BR/3BA unit, one 2BR/2BA unit, and three 1BR/1BA units, appealing to a broad tenant base and supporting strong rental demand. Prime walkable location near the ocean, dining, shopping, and entertainment in one of Northeast Florida’s most desirable beach communities. Limited multifamily supply near the beach enhances long-term appreciation potential. Ideal for investors seeking immediate cash flow with future upside in a premier Jacksonville Beach location.

Basic Details
Property Type:
Residential Income
Sub-Type:
Multi Family
Listing Type:
For sale
MLS #:
2121786
Price:
$1,850,000
Bedrooms:
9
Bathrooms:
8
Half Bathrooms:
0
Square Footage:
4,700 Sqft
Year Built:
1937
Lot Area:
6,534 Sqft
Lot Size Acres :
0.15
Current Use:
Multi-Family,Residential
Features
Heating System:
Other
Cooling System:
Wall/window Unit(s)
Lot Features:
Other
Address Map
Country:
US
State:
FL
County:
Duval
City:
Jacksonville Beach
Subdivision Name:
Jacksonville Beach
Zipcode:
32250
Street:
18TH
Street Number:
123
Street Suffix:
Avenue
Longitude:
W82° 36' 22.6''
Latitude:
N30° 18' 22.8''
MLSAreaMajor:
211-Jacksonville Beach-NE
MLS Information
Timestamp:
12-16-2025 19:59:31
Status:
Active
Status Change Date:
12-16-2025
New Construction Y/N:
N
Parking Facilities:
Off Street
Listing provided courtesy of :
KST GROUP LLC
Residential Income For sale
MLS #:
2121786
Bedrooms:
9
Bathrooms:
8
Square Footage:
4,700 Sqft
$1,850,000
Agent info
Mike Schwiebert, REALTOR ®
INI Realty
3603 Cardinal Point Drive. Jacksonville, FL 32257
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