1917 1st Street, Neptune Beach FL 32266 (Off Market)

For Sale, USD 1,245,000


1917 1st Street, Neptune Beach FL 32266,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 1,800 ft² / 167 m²

Land Size : N/A

Bedroom : 4

Bathroom : 4

Half Bathroom : 0

MLS#: N/A


Property Description

**Rare Four-Unit Investment Opportunity Just Steps from the Atlantic Ocean in Neptune Beach!** Located on highly desirable 1st Street, this established quadruplex offers an exceptional opportunity to own an income-producing property in one of Northeast Florida's most sought-after coastal communities. Four individual studio-style residences, each with a full kitchen and private bath, provide multiple income streams from a single property--all within approximately one block of the beach. Situated on a **70' x 60' corner parcel** with frontage along 1st Street and Margaret Street, the property enjoys excellent visibility, convenient off-street parking and the unmistakable character of old Neptune Beach. Mature palms, established landscaping and classic coastal architecture give the property an authentic beach-town feel, while the aerial photography dramatically showcases its proximity to the ocean. The property has benefited from numerous improvements over the years, including a roof reported replaced in approximately 2015 and plumbing and electrical updates. More recent improvements include replacement window A/C units in multiple residences, new tile in Unit 1919, a replacement sliding door in Unit 1923 and rebuilding of the trash-area fence. The 2021 four-point inspection also documented four individual 60-amp electrical panels and plumbing updates. Just blocks from the restaurants, shopping and lifestyle that make the Beaches so desirable, this is the type of property that rarely becomes available: **four rental units, a corner location, and the Atlantic Ocean practically at your doorstep.** **1917-1923 1st Street -- own the income, the location and a piece of Neptune Beach.**
More
1917 1st Street, Neptune Beach FL 32266, United States,Florida,Neptune Beach is a 1,800ft² Neptune Beach luxury Multi-Family Home listed for sale USD 1,245,000. This high end Neptune Beach Multi-Family Home is comprised of 4 bedrooms and 4 baths. Find more luxury properties in Neptune Beach or search for luxury properties for sale in Neptune Beach.