317 MAGNOLIA Street, Neptune Beach, FL 32266 (MLS# 2146607)

317 MAGNOLIA Street, Neptune Beach, FL 32266

$1,195,000
Property Type: Residential Income Bedrooms: 5 Baths: 5 Square Footage: 2,334 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $1,195,000 List Date: 5/22/2026 Last Modified: 10/19/2026

Description

Start your morning with a sunrise walk on the beach to your favorite coffee shop, play pickleball at Jarboe Park, bike or walk to dinner at the Beaches Town Center, then come home to your own wonderful slice of NEPTUNE BEACH. Just 3 blocks from the ocean, east of 3rd Street and directly across from Jarboe Park, this beautifully updated 3BR/2.5BA home offers the beach lifestyle with something increasingly RARE - a DETACHED GUEST HOUSE with income potential! The 958 SF, 2-story ADU features 2BR/2BA and creates incredible flexibility for rental income, multigenerational living, extended family, guests or a home office. Currently operated as a successful 28-day minimum Airbnb generating approximately $3K+/month. NO HOA and NO FLOOD ZONE. Only 8 blocks to Beaches Town Center, putting restaurants, coffee, shopping and the best of Neptune and Atlantic Beach within an easy walk or bike ride. Live the beach lifestyle while having a separate and flexible space that can work for you!

Supplements: The detached guest house has its own private entrance, separate address (319 Magnolia Street), separate meters and all major appliances. Items currently used in the rental are negotiable, offering the potential for a nearly turnkey setup. Major improvements include NEW roofs and gutters on BOTH homes in 2024, main-house HVAC in 2023 and guest-house HVAC in 2024. The main home received downstairs tile flooring and fresh interior paint in 2026, with wood floors installed in 2010. A fully fenced yard provides privacy and outdoor space, while the extra-wide driveway offers plenty of room for additional parking. This property provides a rare combination of thoughtful updates, flexible living space and practical features in one of Neptune Beach's most desirable locations.

More Information MLS# 2146607

Contract Information

Current Price: $1,195,000 List Price: $1,195,000 Status: Active Listing Contract Date: 2026-05-21 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 317 Street Name: MAGNOLIA Street Suffix: Street County: Duval State: FL Postal Code: 32266 Subdivision Name: Neptune Beach MLS Area Major: 221-Neptune Beach-East

General Property Information

Number Of Buildings: 2 Number Of Units Total: 2 Bedrooms Total: 5 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Living Area: 2334 Living Area Source: Public Records Building Area Total: 2334 Accessibility Features YN: Yes New Construction YN: No Year Built: 1980 Garage YN: Yes Garage Spaces: 1 Carport YN: No Lot Size Acres: 0.13 Lot Size Dimensions: 57.00 96.00 Association YN: No CDD Fee YN: No Pool Private YN: No Water Body Access YN: No Waterfront YN: No Furnished: Negotiable Stories Total: 2 Stories: 2 Direction Faces: North Senior Community YN: No Directions: From 3rd Street/A1A, turn east on Magnolia Street. House is on the corner of 3rd Street and Magnolia Street. Public Remarks: Start your morning with a sunrise walk on the beach to your favorite coffee shop, play pickleball at Jarboe Park, bike or walk to dinner at the Beaches Town Center, then come home to your own wonderful slice of NEPTUNE BEACH. Just 3 blocks from the ocean, east of 3rd Street and directly across from Jarboe Park, this beautifully updated 3BR/2.5BA home offers the beach lifestyle with something increasingly RARE - a DETACHED GUEST HOUSE with income potential! The 958 SF, 2-story ADU features 2BR/2BA and creates incredible flexibility for rental income, multigenerational living, extended family, guests or a home office. Currently operated as a successful 28-day minimum Airbnb generating approximately $3K+/month. NO HOA and NO FLOOD ZONE. Only 8 blocks to Beaches Town Center, putting restaurants, coffee, shopping and the best of Neptune and Atlantic Beach within an easy walk or bike ride. Live the beach lifestyle while having a separate and flexible space that can work for you! List Price/SqFt: 512

Status Change Information

Major Change Timestamp: 2026-09-21T22:27:51Z Major Change Type: Price Reduced Price Change Timestamp: 2026-09-21T22:27:51Z

Currently Not Used

Property Attached YN: No yn11: Yes

Fireplace Features

Fireplaces Total: 2

Unit 1 Details

Unit ID: 317 Unit SqFt: 1376 Beds Total: 3 Full Baths Total: 2 Half Baths Total: 1 Furnished: Unfurnished Unit Remarks: Vacant

Unit 2 Details

Unit ID: 319 Actual Rent: 3000 Unit SqFt: 958 Beds Total: 2 Full Baths Total: 2 Furnished: Negotiable Unit Remarks: Vacant

Property Features

Accessibility Features: Grip-Accessible Features Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Freezer; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: Fiber Cement; Stucco Cooling: Central Air; Electric; Multi Units; Separate Meters Current Use: Multi-Family; Single Family Exterior Features: Courtyard Fencing: Back Yard; Full; Privacy; Vinyl; Wood Fireplace Features: Wood Burning Flooring: Tile; Wood Heating: Central; Electric; Heat Pump; Hot Water; Separate Meters Laundry Features: Electric Dryer Hookup; In Garage; Lower Level; Washer Hookup Levels: Two Listing Terms: Cash; Conventional; VA Loan Lot Features: Corner Lot Other Structures: Guest House Parking Features: Additional Parking; Attached; Garage; On Street Possession: Close Of Escrow Road Frontage Type: City Street Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Water Source: Public
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Last Updated: October - 19 - 2026
Information deemed reliable but not guaranteed.