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    1907 Penman Rd Jacksonville Beach, FL 32250

    New
    For Sale
    $559,000

    MULTI_FAMILY - Jacksonville Beach, FL

    Property size:
    1,512 SF
    Lot size:
    0.17 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 1907 Penman Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    1781050000
    Parking features
    Off Street
    Fencing
    Chain Link
    Appliances
    Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
    Size
    1,512 SF
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Window Unit(s), Central Air, Electric, Wall/Window Unit(s), Varies by Unit
    Water source
    Public

    Building Details

    Year built
    1956
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle

    Exp Realty LLC (888) 883-8509 [email protected]

    Listing agent STEPHEN B WILLIAMS (904) 241-8687

    Listing date Dec 12, 2025

    MLS# 2119094 Listing URL

    Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jacksonville Beach Income Property

    This property presents a cash-flowing investment opportunity in Jacksonville Beach, Florida. The sturdy concrete block home has been converted into a 1-bedroom, 1-bathroom suite with a fireplace and a separate entrance, attached to a 3-bedroom, 1.5-bathroom home featuring a spacious family room. The kitchens and baths have been updated. For the past four years, both units have been consistently leased on a weekly or monthly basis as short-term rentals to maximize cash flow potential. Situated on a 0.17-acre lot (70' x 110'), the rear yard is fenced and includes a storage shed. The property is located steps from Penman Diner, Cinotti's Bakery, and Strings Sports Bar, and is close to other beach eateries. The 1,512 square-foot property offers potential tenants a beach lifestyle with the ability to walk or bike to the beach. This property is located in Duval County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville Beach
    County
    Duval
    State
    Florida
    Longitude
    -81.40628
    Latitude
    30.304887

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    FAQs

    What type of property is this?
    Duplex - Cash-flowing investment near Jacksonville Beach with short-term rental potential.
    Where is this duplex located?
    The property is located at 1907 Penman Rd Jacksonville Beach, FL.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: - High cash flow potential as a short-term rental property with consistent rental history.; - Two units: a 3/1.5 home and a separate 1/1 suite with fireplace, offering flexible rental options.; - Updated kitchens and baths enhance appeal and reduce immediate renovation costs.
    (904) 241-8687
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    1907 Penman Rd Jacksonville Beach, FL 32250
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    Jacksonville Beach, FL 32250
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1907 Penman Rd Jacksonville Beach, FL 32250
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