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Six-Unit Multifamily Property

3264 ST AUGUSTINE Road Jacksonville, FL 32207

3264 ST AUGUSTINE Road, Jacksonville, FL, 32207
$790,000
For Sale
$790,000

MULTI_FAMILY - Jacksonville, FL

Property Size3,472 SF
Lot Size0.40 Acres
Price / SF$227.53
Days on Market49

Property Features for 3264 ST AUGUSTINE Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Rooms
Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 5, Bathroom 6, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 3
Parking features
Parking Lot, Driveway
Appliances
Dishwasher, Electric Range, Refrigerator
Standard status
Active
APN
0821500000
Size
3,472 SF
Lot size
0.40 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
13728

Utilities

Utilities
Cable Available
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1961
Floors in Building
1
Number of units
6
Flooring type
Tile
Building materials
Concrete
Listing agency ROUND TABLE REALTY
Listed by ERICA L JOLLES PA
Added: Jun 4 Updated: Jul 21 at 5:47PM Checked: Jul 22 at 4:06AM
MLS# 2148858

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.


Investment Insights

Based on property information with market context.

This six-unit multifamily property is well-maintained and includes six 1-bedroom, 1-bath apartments. Five of the six units have been updated with stainless steel appliances, granite countertops, upgraded bathroom finishes, and fresh interior and exterior paint. Flooring includes durable tile and luxury vinyl plank. The building also features separate water and electric meters for each unit, which can help reduce shared utility overhead. Parking is provided with two dedicated spaces per residence.

The property is located at 3264 St Augustine Road in Jacksonville, FL 32207, and is described as being minutes from San Marco Square and less than a mile from a dining, shopping, and entertainment district.

As an income-producing residential property, it offers a compact, manageable configuration with a focus on unit updates and individually metered utilities.

Key Highlights

  • Well‑maintained 6‑unit multifamily built in 1961 with six 1‑bed, 1‑bath apartments
  • 5 of 6 units updated with stainless steel appliances, granite countertops, upgraded bathroom finishes, and fresh interior & exterior paint
  • Central heating and central air, with tile and luxury vinyl plank flooring

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.7k $14.88
− Vacancy −$5.0k −$1.43
EGI $46.7k $13.45
− OpEx −$21.0k −$6.05
NOI $25.7k $7.40
3,472 SF · lease $14.88/SF/yr · vacancy 9.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$367.0K
$321.1K – $428.1K (±1% cap)
NOI $25,687 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.1K
$832.2K – $1.11M (±1% cap)
NOI $66,579 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Well-maintained six-unit building with updated 1-bedroom, 1-bath apartments and separate water and electric meters.
Where is this apartment building located?
The property is located at 3264 ST AUGUSTINE Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Well‑maintained 6‑unit multifamily built in 1961 with six 1‑bed, 1‑bath apartments; 5 of 6 units updated with stainless steel appliances, granite countertops, upgraded bathroom finishes, and fresh interior & exterior paint; Central heating and central air, with tile and luxury vinyl plank flooring
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