Multifamily Property with 8
123 MCCALLMAN Road Jacksonville, FL 32218
For Sale
$1,450,000
MULTI_FAMILY - Jacksonville, FL
Property Size8,000 SF
Lot Size4.00 Acres
Price / SF$181.25
Days on Market248
Property Features for 123 MCCALLMAN Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
20
Bathrooms
12
Rooms
Bedroom 8, Bedroom 2, Bathroom 4, Bathroom 7, Bedroom 15, Bedroom 17, Bedroom 12, Bathroom 12, Bedroom 19, Bathroom 6, Bedroom 16, Bathroom 10, Bathroom 11, Bathroom 5, Bathroom 2, Bedroom 5, Bathroom 8, Bedroom 6, Bedroom 10, Bathroom 9, Bedroom 13, Bedroom 18, Bedroom 9, Bedroom 7, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 11, Bedroom 14, Bedroom 20, Bathroom 1
Parking features
RV, Guest, Carport, Assigned
Appliances
Electric Range, Electric Water Heater, Refrigerator
Standard status
Active
APN
020683-0078
Size
8,000 SF
Lot size
4.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6505
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Separate Meters, Central Air, Electric
Water source
Well, Private
Building Details
Year built
1945
Floors in Building
1
Number of units
8
Flooring type
Laminate, Vinyl
Roof type
Metal, Shingle
Listing Agency:
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
(904) 247-0059
Listed By:
ERIC DREIBELBIS · License #3242953
(904) 339-3084
Added: Nov 21, 2025
Changed: Jul 9
Last Checked: Jul 27 at 4:06PM
MLS# 2119007
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.
For sale is an 8-unit multifamily property in Jacksonville, consisting of 6 homes and 2 mobile homes. The units are separately parceled and have been remodeled, with updates including new cabinets, counters, flooring, and AC units. According to the seller, all 8 units are currently rented, with total rent reported as $10,500 per month.
The property is situated on an approximately 4-acre parcel and includes a vacant lot, which the seller indicates may provide room for expansion. Buyer is responsible for verifying all information, including zoning, future use, rents, and lot size. Please do not walk the property without a confirmed appointment.
The property is situated on an approximately 4-acre parcel and includes a vacant lot, which the seller indicates may provide room for expansion. Buyer is responsible for verifying all information, including zoning, future use, rents, and lot size. Please do not walk the property without a confirmed appointment.
Key Highlights
- Almost 4‑acre property with 6 homes and 2 mobile homes, all separately parceled
- 8 fully remodeled units: new cabinets, counters, flooring, and AC units (per remarks)
- All 8 units are currently rented for $10,500/month (buyer to verify)
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
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
NOI $149,376 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Eight separately parceled homes and mobile homes on a single parcel, all remodeled and currently 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: Almost 4‑acre property with 6 homes and 2 mobile homes, all separately parceled; 8 fully remodeled units: new cabinets, counters, flooring, and AC units (per remarks); All 8 units are currently rented for $10,500/month (buyer to verify)
