115 2ND Street, Jacksonville, FL 32206
$1,750,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
11
Square Footage:
6,560
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$1,750,000
List Date:
2/05/2026
Last Modified:
4/23/2026
Description
A rare chance to acquire an irreplaceable 5-unit executive housing asset in the heart of Historic Springfield. Stabilized or repositioned, the numbers work either way. The building delivers four oversized 1BR/1.5BA residences (~1,100 SF each) and a true 2,288 SF penthouse occupying the entire third floor with 2 bedrooms, 2.5 baths, and sweeping views of Klutho Park and the downtown Jacksonville skyline. All five units feature in-unit laundry, which is a meaningful competitive advantage in this submarket. Pro forma gross income of $192,000 annually supports a projected ~8% cap rate at the asking price, based on executive lease rates of $2,750/month for the flats and $5,000/month for the penthouse. Current rents reflect an owner-occupied and partially furnished operation; two furnished units and the penthouse offer immediate repositioning upside. Delivery terms are negotiable. The rear yard amenity package, outdoor tiki bar, hot tub, sauna, and courtyard gathering space, creates a
Supplements: boutique, lifestyle-forward community that executive and corporate tenants cannot find elsewhere in Jacksonville at this price point. Built in 1906. Brick construction. HVAC is approximately 2 years old.
More Information MLS# 2128600
Contract Information
Current Price: $1,750,000
List Price: $1,750,000
Status: Active
Listing Contract Date: 2026-02-04
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 115
Street Name: 2ND
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
Subdivision Name: Springfield
MLS Area Major: 072-Springfield
General Property Information
Number Of Units Total: 5
Bedrooms Total: 6
Bathrooms Total: 11
Bathrooms Full: 6
Bathrooms Half: 5
Living Area: 6560
Accessibility Features YN: No
New Construction YN: No
Year Built: 1906
Garage YN: No
Carport YN: No
Lot Size Acres: 0.15
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Partially
Stories Total: 3
Stories: 3
Entry Level: 1
Direction Faces: South
Senior Community YN: No
Directions: Main St North to left on 1st, right on Laura,left on 2nd. Building will be on the right
Public Remarks: A rare chance to acquire an irreplaceable 5-unit executive housing asset in the heart of Historic Springfield. Stabilized or repositioned, the numbers work either way. The building delivers four oversized 1BR/1.5BA residences (~1,100 SF each) and a true 2,288 SF penthouse occupying the entire third floor with 2 bedrooms, 2.5 baths, and sweeping views of Klutho Park and the downtown Jacksonville skyline. All five units feature in-unit laundry, which is a meaningful competitive advantage in this submarket. Pro forma gross income of $192,000 annually supports a projected ~8% cap rate at the asking price, based on executive lease rates of $2,750/month for the flats and $5,000/month for the penthouse. Current rents reflect an owner-occupied and partially furnished operation; two furnished units and the penthouse offer immediate repositioning upside. Delivery terms are negotiable. The rear yard amenity package, outdoor tiki bar, hot tub, sauna, and courtyard gathering space, creates a
List Price/SqFt: 266.77
Status Change Information
Major Change Timestamp: 2026-02-05T00:36:29Z
Major Change Type: New Listing
Currently Not Used
Property Attached YN: No
yn11: No
Unit 1 Details
Unit ID: 1
Actual Rent: 1400
Unit SqFt: 1100
Beds Total: 1
Full Baths Total: 1
Half Baths Total: 1
Furnished: Negotiable
Unit Remarks: 1st floor
Unit 2 Details
Unit ID: 2
Unit SqFt: 1100
Beds Total: 1
Full Baths Total: 1
Half Baths Total: 1
Furnished: Furnished
Unit Remarks: 1st floor
Unit 3 Details
Unit ID: 3
Unit SqFt: 1100
Beds Total: 1
Full Baths Total: 1
Half Baths Total: 1
Furnished: Furnished
Unit Remarks: 2nd floor
Unit 4 Details
Unit ID: 4
Actual Rent: 1400
Unit SqFt: 1100
Beds Total: 1
Full Baths Total: 1
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 2nd floor
Unit 5 Details
Unit ID: 5
Unit SqFt: 2288
Beds Total: 2
Full Baths Total: 2
Half Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Owner occupied
Property Features
Construction Materials: Brick
Cooling: Central Air
Current Use: Commercial; Multi-Family; Residential
Exterior Features: Balcony; Courtyard; Fire Pit; Outdoor Kitchen
Fencing: Back Yard; Privacy
Flooring: Laminate; Wood
Heating: Central
Laundry Features: In Unit
Levels: Three Or More
Listing Terms: Cash; Conventional
Lot Features: Historic Area
Parking Features: On Street
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Membrane; Shingle
Sewer: Public Sewer
Tenant Pays: All Utilities
Utilities: Sewer Connected; Water Connected
Water Source: Public
Listing Office: BELLE EPOQUE REALTY SERVICES LLC
Last Updated: April - 23 - 2026
Information deemed reliable but not guaranteed.