UPDATED:
Key Details
Property Type Multi-Family, Condo
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,920 sqft
Price per Sqft $151
Subdivision Duval City
MLS Listing ID 2140448
Bedrooms 12
Full Baths 8
Half Baths 4
HOA Y/N No
Year Built 2022
Annual Tax Amount $4,079
Lot Size 10,105 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Built in 2022, this newer construction asset offers immediate income, low-maintenance ownership, and the rare flexibility to sell units individually-creating a built-in exit strategy for future appreciation.
Each residence offers 3 bedrooms, 2.5 bathrooms, 1,480 sq ft, and an attached one-car garage. Floor plan features open-concept living on the first floor with kitchen, dining, and living areas - along with a half bath, plus 3 bedrooms and 2 full baths upstairs.
All units are finished with consistent durable, low-maintenance materials including luxury vinyl plank flooring, shaker-style cabinetry, quartz countertops, and stainless steel appliances.
Exterior features include Hardie siding, fully fenced yards, and irrigation systems for each unit.
This income producing portfolio provides a mix of 3 long-term rental units and one fully furnished short-term rental with established performance history and professional management in place. (Furnishings convey with acceptable offer) Opportunity exists for increased returns through rent optimization or management adjustments.
Photos shown only include the furnished short-term rental unit. All units share an identical floor plan, with cohesive finishes and overall condition.
Located just minutes from the historic charm of San Marco Square and the scenic St. Johns River with easy access to premier dining, boutique shopping, and the Southbank Riverwalk.
With a strong combination of stable long-term income and supplemental short-term rental revenue, this asset offers diversified cash flow in a low-maintenance, newer construction package. Ideal for investors seeking a 1031 exchange, portfolio expansion, or a flexible asset with multiple future exit strategies in a growing rental market.
Location
State FL
County Duval
Community Duval City
Area 021-St Nicholas Area
Direction From I-95, take Exit 348 for Atlantic Blvd and head west. Turn right onto Spring Park Rd, then left onto Drexel St. Property is on the left.
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Garage, Garage Door Opener, Off Street
Garage Spaces 4.0
Fence Back Yard, Wood
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Total Parking Spaces 4
Garage Yes
Private Pool No
Building
Lot Description Sprinklers In Front, Sprinklers In Rear
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Structure Type Composition Siding
New Construction No
Others
Tax ID 1359650400
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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