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Six-Unit Multifamily Property

3264 ST AUGUSTINE Road Jacksonville, FL 32207

3264 ST AUGUSTINE Road, Jacksonville, FL, 32207
$869,000
For Sale
$869,000

MULTI_FAMILY - Jacksonville, FL

Property Size3,472 SF
Lot Size0.40 Acres
Price / SF$250.29
Days on Market48

Property Features for 3264 ST AUGUSTINE Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Rooms
Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 6, Bedroom 1, Bathroom 1
Parking features
Driveway, Parking Lot
Appliances
Dishwasher, Electric Range, Refrigerator
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
1637 Race Track Rd Suite 100, Jacksonville, FL
Listed by ERICA L JOLLES PA
Added: Jun 4 Updated: Jul 9 at 2:54 am Checked: Jul 21 at 2:06 am
MLS# 2148858 Listing URL

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 six-unit multifamily property consists of six 1-bedroom, 1-bath apartments. According to the provided information, five of the six units have been updated with stainless steel appliances, granite countertops, upgraded bathroom finishes, and fresh interior and exterior paint. Flooring is reported as durable tile and luxury vinyl plank throughout the updated units. Each apartment has separate water and electric meters, which can help with utility management at the unit level. The property also provides two dedicated parking spaces per residence.

The building is located at 3264 ST AUGUSTINE Road in Jacksonville, Florida (32207). The provided remarks describe the property as being in a private, quiet setting.

For investors or operators looking for a small residential income asset, this configuration offers an all-1-bedroom, all-1-bath mix across six units. The information also notes a stable tenant base, including two long-term residents. With multiple units updated and utility metering separated by residence, the property is presented as a manageable option for those seeking to acquire a six-unit portfolio component that is aligned with ongoing rental operations.

Key Highlights

  • Six‑unit multifamily built in 1961, with six 1‑bedroom, 1‑bath apartments
  • Updates in 5 of 6 units include stainless steel appliances and granite countertops, plus upgraded bathroom finishes
  • Fresh interior and exterior paint and durable tile and luxury vinyl plank flooring in updated units

Local Financial Insights For Apartment 5plus

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 $51.7k $14.88
− Vacancy −$5.0k −$1.43
EGI $46.7k $13.45
− OpEx −$21.0k −$6.05
NOI $25.7k $7.40
3,472 SF · lease $14.88/SF/yr · vacancy 9.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$367.0K
$321.1K – $428.1K (±1% cap)
NOI $25,687 @ 7.0% cap · market cap 2.96%
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 7.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Well-maintained six-unit building with updated interiors, separate utilities, and dedicated parking for each residence.
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 $869,000.
What are key features of this property?
This property features: Six‑unit multifamily built in 1961, with six 1‑bedroom, 1‑bath apartments; Updates in 5 of 6 units include stainless steel appliances and granite countertops, plus upgraded bathroom finishes; Fresh interior and exterior paint and durable tile and luxury vinyl plank flooring in updated units
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