Colonial Cottage in 5
For Sale
$459,000
1660 GOODWIN Street, Jacksonville, FL 32204
Charming cottage in vibrant 5 Points, zoned for residential/commercial.
Property Size1,386 SF
Lot Size0.11 Acres
Price / SF$331.17
Days on Market880
Property Features for 1660 GOODWIN Street
General Information
Standard status
Active
Size
1,386 SF
Lot size
0.11 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1947
Listing Agency:
FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT
(904) 838-3134
Listed By:
ELMIR SLAVIC · License #3164928
(904) 838-3134
Source:
Exitrealty
Added: Mar 8, 2024
Changed: Jul 6
Last Checked: Aug 5 at 4:42AM
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 FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT
Investment Insights
Based on property information with market context.
This colonial cottage is situated in the heart of the 5 Points area, conveniently located on a quiet street behind a Publix and within walking distance of shops and restaurants. The property is zoned CRO (Residential or Commercial) and is currently operating as an AirBnB. It features a large brick courtyard and electronic privacy gates, providing security and privacy, along with ample parking. The interior includes a spacious family room with a fireplace and a bedroom on the main floor. Upstairs, there is a large owner's suite and a remodeled bath (2021). The property offers parking and guest parking in the courtyard, with space in the front.
Key Highlights
- Prime location in the heart of the 5 Points area, walking distance to shops and restaurants.
- Zoned CRO (Residential or Commercial) offering flexible usage options.
- Currently operating as a successful AirBnB.
Financial Insights For Mixed Use
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 | $33.3k | $24.00 |
| − Vacancy | −$4.0k | −$2.88 |
| EGI | $29.3k | $21.12 |
| − OpEx | −$11.0k | −$7.92 |
| NOI | $18.3k | $13.20 |
1,386 SF · lease $24.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$261.4K
$228.7K – $304.9K
NOI $18,295 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$146.5K
$128.2K – $170.9K
NOI $10,254 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$379.7K
$332.2K – $443.0K
NOI $26,578 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,694
Businesses Nearby
Explore this area
Business Placement
Demographics for 32204, FL
8,673
Population
5,342
Households
1.6
Avg Household Size
39
Median Age
41%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,212
Density / Sq Mi
$54,462
Median Household Income
$47,872
Median Earnings
$1,132
Median Rent
$342,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Charming cottage in vibrant 5 Points, zoned for residential/commercial.
Where is this short term rental property located?
The property is located at 1660 GOODWIN Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Prime location in the heart of the 5 Points area, walking distance to shops and restaurants.; Zoned CRO (Residential or Commercial) offering flexible usage options.; Currently operating as a successful AirBnB.
