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Quadplex Shell Requiring Renovation
New
For Sale
$449,000

1431 N PEARL St, Jacksonville, FL 32206

Four-unit residential building offered as a vacant shell for full interior reconstruction and code-compliant redevelopment.

Property Size7,752 SF
Price / SF$57.92
Days on Market4

Property Features for 1431 N PEARL St

General Information

Standard status Active
Size 7,752 SF
Property subtype Investment

Property Condition

Severity Major Repairs Needed
Evidence gutted shell condition

Additional Details

Furnished No
Public Transit Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,074

Building Details

Building Size 7,752 SF
Year Built 1914
Buildings 1
Units 4
Listing Agency: BELLE EPOQUE REALTY SERVICES LLC
Listed By: THOMAS LOVE · License #3118560
Source: Elliman
Added: Sep 20 Last Checked: Sep 22 at 4:35PM

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 BELLE EPOQUE REALTY SERVICES LLC

Investment Insights

Based on property information with market context.

Built in 1914, this 7,752-square-foot quadplex is being offered in gutted shell condition. The property has no functioning electrical, plumbing, or mechanical systems, and the interior requires reconstruction from the studs. The existing building provides a four-unit residential configuration for a potential rental restoration, subject to permitting and code review.

The property is located at 1431 N PEARL St in Jacksonville’s Springfield area. Nearby reinvestment includes the Pearl Square mixed-use development. Potential eligibility for the Federal Historic Tax Credit and Florida’s Historic Property Tax Exemption may warrant review for a qualifying renovation project. Cash or renovation financing is required, and the property is offered as-is, where-is.

Key Highlights

  • 7,752‑square‑foot quadplex built in 1914
  • Gutted shell condition with no functioning electrical, plumbing, or mechanical systems
  • Full renovation from the studs is required

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Carpet & Flooring Store Locksmith Acupuncture (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,401
Businesses Nearby

Demographics for 32206, FL

18,283
Population
9,415
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
82%
High-School Grad
6.2 sq mi
ZIP Area
2,949
Density / Sq Mi
$37,585
Median Household Income
$34,353
Median Earnings
$866
Median Rent
$153,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Four-unit residential building offered as a vacant shell for full interior reconstruction and code-compliant redevelopment.
Where is this quadplex located?
The property is located at 1431 N PEARL St Jacksonville, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 7,752‑square‑foot quadplex built in 1914; Gutted shell condition with no functioning electrical, plumbing, or mechanical systems; Full renovation from the studs is required
More about this property
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