Jacksonville Mixed-Use Redevelopment
5055 SAN JUAN Avenue Jacksonville, FL 32210
5055 SAN JUAN Avenue, Jacksonville, FL, 32210
$245,000
For Sale
$245,000
MULTI_FAMILY - Jacksonville, FL
Property Size1,968 SF
Lot Size0.21 Acres
Price / SF$124.49
Days on Market174
Property Features for 5055 SAN JUAN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 1
- Parking features
- Off Street
- Standard status
- Active
- APN
- 0937230000
- Size
- 1,968 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2218
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s), Electric, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1966
- Number of units
- 3
Listing agency
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
(904) 739-0717
Listed by
ARCHIE LEE STALEY
(904) 251-9944
Added: Jan 28 Updated: Jul 7 at 9:30AM Checked: Jul 21 at 10:06AM
MLS# 2127762
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Investment Insights
Based on property information with market context.
This mixed-use parcel on San Juan Avenue in Jacksonville, Florida, presents a redevelopment opportunity. The property includes a duplex at the rear, featuring two units of approximately 480 square feet each. The estimated rent for each unit is $800, potentially generating $1,600 per month or $19,200 annually when fully leased. The front structure was damaged by a vehicle and is currently condemned by the City of Jacksonville. The property, with a lot size of 0.21 acres, is being sold as is for its land value and redevelopment potential, offering various options for the next owner. These options include maintaining and improving the duplex for income, removing the front structure, or pursuing new construction or redevelopment in accordance with zoning and city requirements. This is an investor special, ideal for cash buyers or renovation financing. The buyer is responsible for verifying zoning, permitted uses, condemnation status, and all development requirements with the City of Jacksonville. The property size is 1968 square feet.
Key Highlights
- Value‑add income property on San Juan Ave with two existing structures (front structure and rear duplex)
- Rear duplex has 2 units, each approx. 480 SF (total approx. 960 SF)
- Estimated duplex rents: $800 per unit, for approx. $1,600 per month ($19,200 annually) when fully leased
Local Financial Insights For Multifamily LT 5
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 | $29.0k | $14.76 |
| − Vacancy | −$2.6k | −$1.35 |
| EGI | $26.4k | $13.41 |
| − OpEx | −$7.9k | −$4.02 |
| NOI | $18.5k | $9.39 |
1,968 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$264.0K
$231.0K – $308.0K
NOI $18,479 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$208.0K
$182.0K – $242.7K
NOI $14,560 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$539.1K
$471.7K – $629.0K
NOI $37,738 @ 7.0% cap · market cap 15.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Mixed-use parcel with redevelopment potential in Jacksonville, Florida.
Where is this duplex located?
The property is located at 5055 SAN JUAN Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Value‑add income property on San Juan Ave with two existing structures (front structure and rear duplex); Rear duplex has 2 units, each approx. 480 SF (total approx. 960 SF); Estimated duplex rents: $800 per unit, for approx. $1,600 per month ($19,200 annually) when fully leased