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    2325 Bethune Ave Jacksonville, FL 32207

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    Sponsored
    For Sale
    $195,000

    COMMERCIAL - Other - Jacksonville, FL

    Type:Single Family Residence
    Property size:
    1,143 SF
    Lot size:
    0.13 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 13 at 3:06 pm

    Property Features for 2325 Bethune Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 1
    Bedrooms
    2
    Bathrooms
    1
    APN
    0819070000
    Parking features
    Off Street
    Interior features
    Ceiling Fan(s)
    Fireplace
    1
    Appliances
    Electric Range, Refrigerator
    Size
    1,143 SF
    Lot size
    0.13 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Flooring type
    Wood, Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    MARK A CHESTNUT

    NuView Realty, Inc. (904) 686-4690

    Listing agent MARK A CHESTNUT (904) 520-0080

    Listing date Mar 7, 2026

    MLS# 2126772 Listing URL

    Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    San Marco Restoration Opportunity

    Located in Jacksonville's historic San Marco neighborhood, this property offers a restoration opportunity. San Marco is known for its 1920s Mediterranean-style architecture, walkable commercial square, and oak-lined streets. The area features boutiques, dining options, and riverfront views. The property requires renovations and personalization. Available financing options include cash, investor financing, conventional, or renovation loans. The property is centrally located near restaurants such as 1928 Cuban Bistro, Havana Jax, Mi Veracruz, Oceana, Gemma Fish & Oyster, V Pizza, Southern Grounds, Maple Street Biscuit Company, Tepeyolot Cerveceria, Townhall, Rue Saint-Marc, BB's Restaurant and Bar, Anejo Cocina, Matthew's Restaurant, The Chart House, and Taverna. Nearby parks include Alexandria Oaks Park, Southside Park, Fletcher Park, River Oaks Park, and Landon Park. Financial institutions in the vicinity include TD Bank, Chase, Bank of America, Wells Fargo, and VyStar Credit Union. Hospitals nearby include Baptist Medical, Memorial Hospital, and Ascension- St. Vincent's. The property has a lot size of 0.13 acres and a property size of 1143 square feet. Recent improvements include a permitted roof and partial foundation work. Several issues need to be considered, including a non-operable older HVAC system, knob and tube wiring, the lack of a poured driveway, the need for 22 energy-efficient windows, and the garage needing to be rebuilt. There is also evidence of rotten subflooring and previous termite damage around the bathroom subfloor area, over 50 feet of galvanized pipe that requires replacement with PVC, gaps in the front porch exterior wood, and general settlement issues. Additional structural work is recommended.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.646452
    Latitude
    30.304516

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    FAQs

    What type of property is this?
    Single family property - Renovation opportunity in historic San Marco neighborhood.
    Where is this single family property located?
    The property is located at 2325 Bethune Ave Jacksonville, FL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Located in the historic and desirable San Marco neighborhood, known for its Mediterranean architecture, walkability, and oak-lined streets.; - Endless potential for restoration and personalization, ideal for DIY enthusiasts or investors.; - Centrally located near numerous restaurants, parks, and financial institutions.
    (904) 686-4690
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    2325 Bethune Ave Jacksonville, FL 32207
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    Jacksonville, FL 32207
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2325 Bethune Ave Jacksonville, FL 32207
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    Listing Contact
    MARK A CHESTNUT
    (904) 686-4690 (904) 520-0080
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