123 MARGARET Street, Neptune Beach, FL 32266 (MLS# 2135960)

123 MARGARET Street, Neptune Beach, FL 32266

$1,550,000
Property Type: Residential Income Bedrooms: 5 Baths: 4 Square Footage: 2,834 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $1,550,000 List Date: 3/20/2026 Last Modified: 4/10/2026

Description

Rare opportunity to own a triplex in the heart of Neptune Beach just blocks from the ocean! This income-producing property offers three units, making it ideal for investors, house hackers, or those looking for a coastal lifestyle with rental income. Located in one of Northeast Florida's most desirable beach communities, the property is within walking or biking distance to the beach, local restaurants, shops, and parks. Strong rental demand and limited multifamily inventory in Neptune Beach make this a prime long-term investment. Easy access to JTB provides a quick commute to Jacksonville. Whether you're looking to expand your portfolio or live near the beach while generating income, this property offers exceptional potential.

More Information MLS# 2135960

Contract Information

Current Price: $1,550,000 List Price: $1,550,000 Status: Active Listing Contract Date: 2026-03-20 Property Sub Type: Triplex

Location Tax and Legal

Street Number: 123 Street Name: MARGARET Street Suffix: Street County: Duval State: FL Postal Code: 32266 Subdivision Name: Bowes Oceanview MLS Area Major: 221-Neptune Beach-East

General Property Information

Number Of Units Total: 3 Bedrooms Total: 5 Bathrooms Total: 4 Bathrooms Full: 4 Living Area: 2834 Living Area Source: Assessor Accessibility Features YN: No New Construction YN: No Year Built: 1949 Garage YN: Yes Garage Spaces: 2 Carport YN: No Lot Size Acres: 0.11 Association YN: No CDD Fee YN: No Pool Private YN: No Water Body Access YN: No Waterfront YN: No Stories Total: 2 Stories: 1 Directions: From 3rd St (A1A), head east on Margaret St. Continue to 123 Margaret St; property is on the right. Public Remarks: Rare opportunity to own a triplex in the heart of Neptune Beach just blocks from the ocean! This income-producing property offers three units, making it ideal for investors, house hackers, or those looking for a coastal lifestyle with rental income. Located in one of Northeast Florida's most desirable beach communities, the property is within walking or biking distance to the beach, local restaurants, shops, and parks. Strong rental demand and limited multifamily inventory in Neptune Beach make this a prime long-term investment. Easy access to JTB provides a quick commute to Jacksonville. Whether you're looking to expand your portfolio or live near the beach while generating income, this property offers exceptional potential. List Price/SqFt: 546.93

Status Change Information

Major Change Timestamp: 2026-03-20T20:11:57Z Major Change Type: New Listing

Currently Not Used

Property Attached YN: Yes yn11: No

Unit 1 Details

Unit ID: 123 Actual Rent: 1200 Unit SqFt: 700 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Unit square feet and rents to be verified.

Unit 2 Details

Unit ID: 125 Actual Rent: 1800 Unit SqFt: 700 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Unit square feet and rents to be verified.

Unit 3 Details

Unit ID: 127 Actual Rent: 3200 Unit SqFt: 1400 Beds Total: 3 Full Baths Total: 2 Furnished: Furnished Unit Remarks: Unit square feet and rents to be verified.

Property Features

Cooling: Central Air Current Use: Residential Heating: Central Listing Terms: Cash; Conventional; FHA; Other Lot Features: Other Parking Features: Garage; Off Street; Parking Lot Possession: Close Of Escrow Utilities: Cable Available
Listing Office: SPECTRUM REALTY SERVICES
Last Updated: April - 10 - 2026
Information deemed reliable but not guaranteed.