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Multifamily Property with Detached Guest House
For Sale
$1,195,000

317 MAGNOLIA Street, Neptune Beach, FL 32266

Residential Income, Neptune Beach, FL

Property Size2,334 SF
Lot Size0.13 Acres
Price / SF$511
Days on Market144

Property Features for 317 MAGNOLIA Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 5
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4
Parking features On Street, Garage
Exterior features Courtyard
Fencing Privacy
Fireplace 1
Appliances Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Subdivision Neptune Beach
Lot features Corner Lot
Elementary school Neptune Beach
Middle school Fletcher Jr High
High school Duncan Fletcher
Directions From 3rd Street/A1A, turn east on Magnolia Street. House is on the corner of 3rd Street and Magnolia Street.
Standard status Active
APN 1728880000
Size 2,334 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6105

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Hot Water(Heating), Electric (Heating), Heat Pump (Heating)
Cooling system Separate Meters, Electric, Multi Units, Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 2
Number of units 2
Flooring type Wood, Tile
Building materials Fiber Cement, Stucco
Roof type Shingle
Additional Structures Guest House
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Listed By: MICHELLE BAUR
Added: May 21 Changed: Oct 4 Last Checked: Oct 11 at 8:06PM
MLS# 2146607

Copyright © 2026 realMLS. 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 2,334-square-foot Neptune Beach property combines a 3BR/2.5BA primary home with a detached, 958-square-foot, two-story guest house containing 2BR/2BA. The secondary structure has its own entrance, address, utility meters, and major appliances, providing a distinct living arrangement. The fully fenced lot covers 0.13 acres and includes a courtyard, privacy fencing, garage parking, and an extra-wide driveway. Both roofs and gutters were replaced in 2024, while HVAC systems were updated in 2023 for the main home and 2024 for the guest house. The primary residence also features tile and wood flooring, fresh interior paint, and a fireplace.

The property sits three blocks from the ocean, across from Jarboe Park and east of 3rd Street. Beaches Town Center is eight blocks away, with restaurants, coffee shops, and shopping accessible by walking or biking. The property has no HOA and is outside the flood zone, with public water and sewer service.

Key Highlights

  • 2,334 SF property with 3BR/2.5BA main home and detached 958 SF guest house
  • Detached 2‑story guest house includes 2BR/2BA, private entrance, separate address, and separate meters
  • New roofs and gutters installed on both homes in 2024

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Catering Service Furniture & Home Goods Auto Parts Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 32266, FL

7,217
Population
3,792
Households
1.9
Avg Household Size
43
Median Age
60%
College-Educated
96%
High-School Grad
2.3 sq mi
ZIP Area
3,138
Density / Sq Mi
$111,025
Median Household Income
$52,180
Median Earnings
$1,481
Median Rent
$613,500
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?
Multifamily property - Updated main residence includes a separate guest house with private access, individual meters, and flexible use potential.
Where is this multifamily property located?
The property is located at 317 MAGNOLIA Street Neptune Beach, FL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 2,334 SF property with 3BR/2.5BA main home and detached 958 SF guest house; Detached 2‑story guest house includes 2BR/2BA, private entrance, separate address, and separate meters; New roofs and gutters installed on both homes in 2024
More about this property
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