822 1ST Street 822-824, Neptune Beach, FL 32266
$2,100,000
Property Type:
Residential Income
Bedrooms:
7
Baths:
5
Square Footage:
3,920
Lot Size (sq. ft.):
8,712
Status:
Active Under Contract
Current Price:
$2,100,000
List Date:
12/16/2025
Last Modified:
2/17/2026
Description
Fully occupied five-unit multifamily investment located at 822 1st Street in the heart of Neptune Beach. This property features three 2BR/1BA units and two 1BR/1BA units, all currently leased and producing $12,095 per month in gross rental income. Situated on an oversized 85' x 100' lot with 85 feet of frontage along 1st Street, the property offers strong long-term value supported by land, location, and income. Ideally located near the ocean with walkable access to dining, shopping, and local amenities in one of Northeast Florida's most desirable coastal markets. Ideal opportunity for investors seeking immediate cash flow with future upside.
More Information MLS# 2121790
Contract Information
Current Price: $2,100,000
List Price: $2,100,000
Status: Active Under Contract
Listing Contract Date: 2025-12-10
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 822
Street Name: 1ST
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32266
Subdivision Name: Neptune
MLS Area Major: 221-Neptune Beach-East
General Property Information
Number Of Buildings: 2
Number Of Units Total: 5
Bedrooms Total: 7
Bathrooms Total: 5
Bathrooms Full: 5
Living Area: 3920
Accessibility Features YN: No
New Construction YN: No
Year Built: 1941
Garage YN: Yes
Garage Spaces: 5
Carport YN: No
Lot Size Acres: 0.2
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: North on Third Street, right onto Pine Street. Left onto First Street.
Public Remarks: Fully occupied five-unit multifamily investment located at 822 1st Street in the heart of Neptune Beach. This property features three 2BR/1BA units and two 1BR/1BA units, all currently leased and producing $12,095 per month in gross rental income. Situated on an oversized 85' x 100' lot with 85 feet of frontage along 1st Street, the property offers strong long-term value supported by land, location, and income. Ideally located near the ocean with walkable access to dining, shopping, and local amenities in one of Northeast Florida's most desirable coastal markets. Ideal opportunity for investors seeking immediate cash flow with future upside.
List Price/SqFt: 535.71
Status Change Information
Major Change Timestamp: 2026-02-01T18:58:11Z
Major Change Type: Status Change
Contingency: Active Under Contract
Currently Not Used
Property Attached YN: No
yn11: No
Unit 1 Details
Unit ID: 822
Actual Rent: 2935
Unit SqFt: 1143
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit 2 Details
Unit ID: 824
Actual Rent: 3040
Unit SqFt: 1143
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit 3 Details
Unit ID: 818
Actual Rent: 2000
Unit SqFt: 462
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit 4 Details
Unit ID: 820
Actual Rent: 2920
Unit SqFt: 902
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit 5 Details
Unit ID: 822.5
Actual Rent: 1200
Unit SqFt: 270
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Property Features
Cooling: Separate Meters; Wall/Window Unit(s)
Current Use: Residential
Heating: None
Income Includes: Laundry; Parking; Storage
Listing Terms: Cash; Conventional
Lot Features: Other
Parking Features: Off Street
Possession: Close Of Escrow
Tenant Pays: All Utilities
Utilities: Electricity Available; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Available
Contingency Reason: Inspection
Listing Office: KST GROUP LLC
Last Updated: February - 17 - 2026
Information deemed reliable but not guaranteed.