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Duplex Near Public Beach Access
For Sale
$1,300,000

115 AZALEA Place, Neptune Beach, FL 32266

MULTI_FAMILY - Neptune Beach, FL

Property Size1,836 SF
Lot Size0.08 Acres
Price / SF$708.06
Days on Market72

Property Features for 115 AZALEA Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2
Parking 2
Parking features On Street, Off Street
Appliances Dishwasher, Disposal, Gas Range
Subdivision Neptune
Lot features Dead End Street
Middle school Select One
Directions From Atlantic and 3rd, South on 3rd, Left on Pine Street, Right on 1st Street, Left on Azalea Place. Suggest parking on 1st and walk over to the Property.
Standard status Active
APN 1726860000
Size 1,836 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15959

Utilities

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

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Building materials Block, Fiber Cement
Roof type Shingle
Listing Agency: THIRD AND MAIN REALTY
Listed By: ALANNAH DALY
Added: Jun 23 Changed: Aug 2 Last Checked: Sep 2 at 4:06PM
MLS# 2153518

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 duplex was completely designed and rebuilt from the foundation to the roof circa 1998. The property features two 2-bedroom, 1-bath layouts with high ceilings. The upstairs unit offers abundant natural light and bright, open space, including custom built-in bookshelves, bench seating, and storage, plus a large entertaining deck, covered storage, and a small green space. The downstairs unit is constructed with concrete block and a concrete foundation and is currently rented, with a large kitchen featuring concrete counters and butcher block.

Set about 255 feet from the beach, public beach access is on Pine Street one block away. The home is on a 60x60 lot (0.08 acres) with public utilities including public water and public sewer, and cable available. Central heat and central air serve the property, and parking is available off street and on street.

Built in 1940 and roofed with asphalt shingle, this is a duplex configuration suited to an owner-operator or investor seeking two separate units in a beach-near setting.

Key Highlights

  • Completely designed and rebuilt from the foundation to the roof circa 1998
  • About 255 feet from the beach
  • Both units are 2 bed/1 bath with high ceilings

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Building Supply Auto Parts Store Accounting Firm Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 32266, FL

7,217
Population
3,792
Households
1.9
Avg Household Size
43
Median Age
60%
College-Educated
96%
High-School Grad
2.3 sq mi
ZIP Area
3,138
Density / Sq Mi
$111,025
Median Household Income
$52,180
Median Earnings
$1,481
Median Rent
$613,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two 2-bedroom units, high ceilings, and proximity to public beach access on Pine Street.
Where is this duplex located?
The property is located at 115 AZALEA Place Neptune Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Completely designed and rebuilt from the foundation to the roof circa 1998; About 255 feet from the beach; Both units are 2 bed/1 bath with high ceilings
More about this property
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