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Six-Unit Apartment Building
For Sale
$690,000

3264 ST AUGUSTINE Road, Jacksonville, FL 32207

Residential Income, Jacksonville, FL

Property Size3,472 SF
Lot Size0.40 Acres
Price / SF$198.73
Days on Market142

Property Features for 3264 ST AUGUSTINE Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 6, Bathroom 1, Bathroom 6, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 3, Bathroom 5
Parking features Parking Lot, Driveway
Appliances Dishwasher, Electric Range, Refrigerator
Subdivision Section Land
Lot features Few Trees
Directions From 95 North, take exit to Atlantic Blvd turn left on Atlantic Blvd, left onto Hendricks Avenue. Left on Kingswood Road, Left onto St Augustine Rd, property is immediately on left with white fence.
Standard status Active
APN 0821500000
Size 3,472 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13728

Utilities

Utilities Cable Available
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1961
Floors in Building 1
Number of units 6
Flooring type Tile
Building materials Concrete
Listing Agency: ROUND TABLE REALTY
Listed By: ERICA L JOLLES PA
Added: Jun 4 Changed: Oct 16 Last Checked: Oct 23 at 5:06PM
MLS# 2148858

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.

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Investment Insights

Based on property information with market context.

This 3,472-square-foot apartment property contains six one-bedroom, one-bath residences on a 0.4-acre site. Five apartments have received interior updates that include stainless steel appliances, granite countertops, refreshed bathroom finishes, new paint, and tile or luxury vinyl plank flooring. The concrete building dates to 1961 and includes central heating and central air, with public water service and cable availability. Each residence has its own water and electric meter, along with two dedicated parking spaces.

The property is located at 3264 St. Augustine Road in Jacksonville, less than one mile from San Marco Square. The setting combines a private residential environment with proximity to the dining, shopping, and entertainment district. Parking is provided through a lot and driveway.

Key Highlights

  • Six one‑bedroom, one‑bath apartments totaling 3,472 square feet
  • Five of six residences feature updated kitchens, baths, paint, and flooring
  • Each residence has separate water and electric meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,687
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,740 $513.7K
Cap Rate 7%
$366,957 $367.0K
Cap Rate 9%
$285,411 $285.4K
Market Conditions
NOI Build-Up for 3,472 SF
Gross rent
$51.7K $14.88/SF
− Vacancy
−$5.0K −$1.43/SF
EGI
$46.7K $13.45/SF
− OpEx
−$21.0K −$6.05/SF
NOI
$25.7K $7.40/SF
Area
Jacksonville, FL
Vacancy
9.60%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,740
Cap Rate 7%
$366,957
Cap Rate 9%
$285,411

Alternative Uses

Best Use
Apartment 5plus
$367.0K
$321.1K – $428.1K (±1% cap)
NOI $25,687 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.1K
$832.2K – $1.11M (±1% cap)
NOI $66,579 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

663
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

Frequently Asked Questions

What type of property is this?
Apartment building - Updated interiors, individual utility metering, and dedicated parking support straightforward multifamily operations.
Where is this apartment building located?
The property is located at 3264 ST AUGUSTINE Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Six one‑bedroom, one‑bath apartments totaling 3,472 square feet; Five of six residences feature updated kitchens, baths, paint, and flooring; Each residence has separate water and electric meters
More about this property
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