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Six-Unit Waterfront Apartment Building
New
For Sale
$8,250,000

1616 RIVER Road, Jacksonville, FL 32207

Jacksonville, FL

Property Size16,244 SF
Price / SF$507.88
Days on Market4

Property Features for 1616 RIVER Road

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 20
Bathrooms 24
Full bathrooms 18
Half bathrooms 6
Rooms Bedroom 4, Bedroom 13, Bedroom 9, Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 7, Bedroom 14, Bedroom 11, Bedroom 2, Bedroom 19, Bedroom 20, Bedroom 18, Bedroom 15, Bedroom 6, Bedroom 16, Bedroom 8, Bedroom 10, Bedroom 17, Bedroom 12
Subdivision San Marco
Middle school Select One
Standard status Active
Size 16,244 SF

Amenities

private boat slip
fire pit
grill pavilion
shared riverfront promenade
screened lanais
balconies

Building Details

Year built 2009
Listing Agency: Engel & Volkers Ponte Vedra Beach · Engel & Völkers
Listed By: NICHOLAS EKLUND
Added: Sep 18 Last Checked: Sep 21 at 3:06AM
MLS# 2164397

Copyright © 2026 Engel & Völkers. 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 16,244-square-foot apartment property contains six residences and was built in 2009. Each residence has been renovated and includes a private boat slip. The upper-level penthouses feature front-facing balconies with views across the St. Johns River toward Downtown Jacksonville and Riverside, while the lower walk-out residences open to screened lanais.

Shared exterior amenities include a riverfront promenade, fire pit, and grill pavilion. The property is positioned near San Marco Square, with restaurants, cafes, and boutiques within walking distance. Its combination of residential units, private boating access, and shared waterfront areas creates a distinctive multifamily configuration in Jacksonville.

Key Highlights

  • Six‑unit apartment property totaling 16,244 square feet
  • Built in 2009 with renovated residences
  • Private boat slip assigned to each residence

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Barber Shop Auto Parts Store Florist

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,806
Businesses Nearby

Demographics for 32207, FL

36,207
Population
18,866
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
11.4 sq mi
ZIP Area
3,176
Density / Sq Mi
$60,875
Median Household Income
$45,478
Median Earnings
$1,139
Median Rent
$254,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Renovated residences include private boat slips, riverfront outdoor areas, and access to San Marco Square amenities.
Where is this apartment building located?
The property is located at 1616 RIVER Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: Six‑unit apartment property totaling 16,244 square feet; Built in 2009 with renovated residences; Private boat slip assigned to each residence
More about this property
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