Mixed-Use Property with
For Sale
$599,000
1250 McDuff Ave S, Jacksonville, FL 32205
Two-story configuration combines commercial space with a separate two-bedroom residential unit.
Property Size2,800 SF
Price / SF$213.93
Days on Market79
Property Features for 1250 McDuff Ave S
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Multi-Family
Zoning
Commercial Neighborhood
Site & Location
Neighborhood
Murray Hill
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Building Details
Year Built
1949
Buildings
1
Tenancy
Multi
Listing Agency:
COWFORD REALTY & DESIGN LLC
Listed By:
CARMEN GODWIN · License #SL3528670
(904) 708-0825
Source:
Onewinningteam
Added: Aug 8
Changed: Oct 4
Last Checked: Oct 7 at 3:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COWFORD REALTY & DESIGN LLC
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Investment Insights
Based on property information with market context.
Built in 1949, this mixed-use building combines approximately 1,800 square feet of ground-floor commercial space with an upstairs apartment of roughly 1,100 square feet. The commercial area supports medical or professional office, retail sales, service establishment, and restaurant uses by right under Commercial Neighborhood zoning. The residential unit includes two bedrooms, one bathroom, hardwood floors, and a midcentury-style bathroom.
The property sits within Jacksonville’s Riverside Avondale Historic District at 1250 McDuff Avenue South. Avondale and King Street shopping districts, Riverside Community Garden, Willowbranch Park, and the St. Johns River are all identified as being within walking distance. Although the building is located in the historic district, it is not a contributing structure. The arrangement supports combined commercial and residential occupancy within the same building.
The property sits within Jacksonville’s Riverside Avondale Historic District at 1250 McDuff Avenue South. Avondale and King Street shopping districts, Riverside Community Garden, Willowbranch Park, and the St. Johns River are all identified as being within walking distance. Although the building is located in the historic district, it is not a contributing structure. The arrangement supports combined commercial and residential occupancy within the same building.
Key Highlights
- Approximately 1,800 SF of ground‑floor commercial space
- Upstairs apartment offers roughly 1,100 SF with 2 bedrooms and 1 bathroom
- Commercial Neighborhood zoning supports office, retail, service, and restaurant uses by right
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,270
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,400
$805.4K
Cap Rate 7%
$575,286
$575.3K
Cap Rate 9%
$447,444
$447.4K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$67.2K $24.00/SF
− Vacancy
−$13.5K −$4.82/SF
EGI
$53.7K $19.18/SF
− OpEx
−$13.4K −$4.79/SF
NOI
$40.3K $14.38/SF
Area
Jacksonville, FL
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$805,400
Cap Rate 7%
$575,286
Cap Rate 9%
$447,444
Alternative Uses
Best Use
Office B
$575.3K
$503.4K – $671.2K
NOI $40,270 @ 7.0% cap · market cap 6.72%
Second Best
Mixed Use
$528.0K
$462.0K – $616.0K
NOI $36,960 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$767.0K
$671.2K – $894.9K
NOI $53,693 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
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Business Placement
Demographics for 32205, FL
29,605
Population
16,188
Households
1.8
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,845
Density / Sq Mi
$60,609
Median Household Income
$43,122
Median Earnings
$1,190
Median Rent
$257,900
Median Home Value
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Market
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story configuration combines commercial space with a separate two-bedroom residential unit.
Where is this mixed-use property located?
The property is located at 1250 McDuff Ave S Jacksonville, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Approximately 1,800 SF of ground‑floor commercial space; Upstairs apartment offers roughly 1,100 SF with 2 bedrooms and 1 bathroom; Commercial Neighborhood zoning supports office, retail, service, and restaurant uses by right
