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Six-Unit Waterfront Apartment Building

1616 RIVER Road, Jacksonville, FL 32207

For Sale
$7,749,000

Jacksonville, FL

Property Size16,244 SF
Price / SF$477.04
Days on Market50

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 15, Bedroom 20, Bedroom 2, Bedroom 10, Bedroom 5, Bedroom 18, Bedroom 11, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 14, Bedroom 13, Bedroom 9, Bedroom 19, Bedroom 8, Bedroom 6, Bedroom 12, Bedroom 16, Bedroom 17, Bedroom 1
Subdivision San Marco
Middle school Select One
Standard status Active
Size 16,244 SF

Amenities

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

Building Details

Year built 2009
Buildings 1
Listing Agency: Engel & Volkers Ponte Vedra Beach · Engel & Völkers
Listed By: NICHOLAS EKLUND
Added: Sep 19 Changed: Oct 31 Last Checked: Nov 7 at 12:06AM
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.

Rey
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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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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
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Market

Average Price Trend$/SF for Apartment buildings in Jacksonville, FL

$187 Jul
$229 Aug
$233 Sep
$285 Oct

Properties on Market for Apartment buildings in Jacksonville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

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 $7,749,000.
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
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