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New Construction Duplex
For Sale
$299,990
Pending

1852 W 20TH Street, Jacksonville, FL 32209

Two separate units feature open layouts and contemporary kitchens near shopping, dining, major highways, and downtown Jacksonville.

Property Size1,710 SF
Days on Market84

Property Features for 1852 W 20TH Street

General Information

Standard status Pending
Size 1,710 SF
Property subtype Duplex

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $465

Building Details

Building Size 1,710 SF
Buildings 1
Listing Agency: REAL BROKER LLC
Listed By: JACQUELYN SCOTT · License #3656096
Source: Houseandhavenrealty
Added: Jul 16 Changed: Sep 22 Last Checked: Oct 7 at 3:45PM

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 REAL BROKER LLC

Investment Insights

Based on property information with market context.

This newly built duplex is offered as one property with two distinct units. Each side contains 855 square feet with 2 bedrooms, 2 bathrooms, an open-concept layout, a contemporary kitchen, and modern finishes. The configuration provides consistent features across both residences while keeping each floor plan functional for occupants.

The property is in Jacksonville near shopping, dining, major highways, and downtown Jacksonville. Its combination of new construction, matching unit layouts, and updated interior finishes defines the asset.

Key Highlights

  • New construction duplex offered as one property
  • Each unit contains 855 square feet with 2 bedrooms and 2 bathrooms
  • Open‑concept floor plans with contemporary kitchens

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,056
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,120 $321.1K
Cap Rate 7%
$229,371 $229.4K
Cap Rate 9%
$178,400 $178.4K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$25.2K $14.76/SF
− Vacancy
−$2.3K −$1.35/SF
EGI
$22.9K $13.41/SF
− OpEx
−$6.9K −$4.02/SF
NOI
$16.1K $9.39/SF
Area
Jacksonville, FL
Vacancy
9.12%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,120
Cap Rate 7%
$229,371
Cap Rate 9%
$178,400

Alternative Uses

Best Use
Multifamily LT 5
$229.4K
$200.7K – $267.6K (±1% cap)
NOI $16,056 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$180.7K
$158.1K – $210.9K (±1% cap)
NOI $12,651 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$468.4K
$409.9K – $546.5K (±1% cap)
NOI $32,791 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Skin Care Clinic

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby

Demographics for 32209, FL

36,656
Population
17,706
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
82%
High-School Grad
9.3 sq mi
ZIP Area
3,942
Density / Sq Mi
$29,468
Median Household Income
$26,435
Median Earnings
$1,042
Median Rent
$92,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two separate units feature open layouts and contemporary kitchens near shopping, dining, major highways, and downtown Jacksonville.
Where is this duplex located?
The property is located at 1852 W 20TH Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $299,990.
What are key features of this property?
This property features: New construction duplex offered as one property; Each unit contains 855 square feet with 2 bedrooms and 2 bathrooms; Open‑concept floor plans with contemporary kitchens
More about this property
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