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Remodeled Multi-Home Parcel

123 MCCALLMAN Road Jacksonville, FL 32218

123 MCCALLMAN Road, Jacksonville, FL, 32218
$1,450,000
For Sale
$1,450,000

MULTI_FAMILY - Jacksonville, FL

Property Size8,000 SF
Lot Size4.00 Acres
Price / SF$181.25
Days on Market187

Property Features for 123 MCCALLMAN Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Guest, Assigned
Standard status
Active
APN
0206830078
Size
8,000 SF
Lot size
4.00 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1036

Utilities

Sewer type
Septic Tank
Water source
Well

Building Details

Year built
1945
Number of units
8
Roof type
Composition, Metal, Shingle
Listing Agency KELLER WILLIAMS REALTY ATLANTIC PARTNERS
1071 ATLANTIC BLVD, Atlantic Beach, FL
Listed by ERIC DREIBELBIS · License #3242953
Added: Jan 12 Checked: Jul 18 at 9:06 am
MLS# 2124769

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 residential income property includes 6 homes and 2 mobile homes, all separately parceled within an almost 4-acre site. The public remarks indicate the units have been remodeled and are currently rented, with stated upgrades including new cabinets and counters, new flooring, and AC units.

The property is located at 123 MCCALLMAN Road in Jacksonville, FL 32218 (Duval County). Access and tours are by confirmed appointment only, and buyers are instructed to verify all information including zoning, future use, and other details.

The offering is described as consisting of eight fully renovated rental units all on one parcel, with a vacant lot on site noted as providing room to expand. Owner financing is not available.

Key Highlights

  • Nearly 4‑acre property with 6 homes and 2 mobile homes, all separately parceled
  • All 8 units reportedly remodeled with new cabinets, counters, flooring, and AC units
  • Currently 8 rented units with stated total rent of $10,500/month

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 $132.5k $16.56
− Vacancy −$12.7k −$1.59
EGI $119.8k $14.97
− OpEx −$53.9k −$6.74
NOI $65.9k $8.23
8,000 SF · lease $16.56/SF/yr · vacancy 9.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$941.0K
$823.4K – $1.10M (±1% cap)
NOI $65,869 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.13M
$1.87M – $2.49M (±1% cap)
NOI $149,376 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Hair Salon Nail Salon Grocery & Convenience Store HVAC Service Catering Service Cafe & Coffee Shop Spa & Massage Center Veterinary Clinic

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

FAQs

What type of property is this?
Apartment building - A residential income property with 6 homes and 2 mobile homes on an almost 4-acre parcel, with all units rented.
Where is this apartment building located?
The property is located at 123 MCCALLMAN Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Nearly 4‑acre property with 6 homes and 2 mobile homes, all separately parceled; All 8 units reportedly remodeled with new cabinets, counters, flooring, and AC units; Currently 8 rented units with stated total rent of $10,500/month
Contact an agent
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