Multi-Structure Multifamily
4111 CEDAR POINT Road, Jacksonville, FL 32226
For Sale
$829,000
Three residences on a preserve-backed acreage parcel offer flexible occupancy and rental use.
Property Size5,735 SF
Lot Size2.53 Acres
Price / SF$144.55
Days on Market66
Property Features for 4111 CEDAR POINT Road
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Amenities
inground pool
Building Details
Year Built
Buildings
Listing Agency:
BOLD & SOLD LLC
(904) 664-2653
Listed By:
MICHAEL KRAUS · License #3403365
(904) 860-0010
Source:
Endlesssummerrealty
Added: Sep 3
Changed: Nov 6
Last Checked: Nov 6 at 10:15AM
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 BOLD & SOLD LLC
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Investment Insights
Based on property information with market context.
This multifamily property combines two single-family homes with a barn converted to a two-bedroom apartment on 2.53 acres. The front home contains approximately 1,700 square feet, three bedrooms, two bathrooms, an inground pool, and a two-car garage; it is tenant-occupied. The apartment provides two bedrooms, one bathroom, and a covered carport and is currently rented.
Built in 2009, the rear residence includes four bedrooms, two bathrooms, and a two-car garage. It is not currently producing income and provides an additional residential component within the property. The parcel backs to a nature preserve, adding a private rear setting. The property is located at 4111 Cedar Point Road in Jacksonville, Florida.
Built in 2009, the rear residence includes four bedrooms, two bathrooms, and a two-car garage. It is not currently producing income and provides an additional residential component within the property. The parcel backs to a nature preserve, adding a private rear setting. The property is located at 4111 Cedar Point Road in Jacksonville, Florida.
Key Highlights
- 2.53‑acre parcel backing to a nature preserve
- Two single‑family homes plus a barn‑converted apartment
- Front residence includes approximately 1,700 square feet, an inground pool, and a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,429
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,580
$848.6K
Cap Rate 7%
$606,129
$606.1K
Cap Rate 9%
$471,433
$471.4K
Market Conditions
NOI Build-Up for 5,735 SF
Gross rent
$85.3K $14.88/SF
− Vacancy
−$8.2K −$1.43/SF
EGI
$77.1K $13.45/SF
− OpEx
−$34.7K −$6.05/SF
NOI
$42.4K $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%
$848,580
Cap Rate 7%
$606,129
Cap Rate 9%
$471,433
Alternative Uses
Best Use
Apartment 5plus
$606.1K
$530.4K – $707.2K
NOI $42,429 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,974 @ 7.0% cap · market cap 13.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
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Business Placement
Demographics for 32226, FL
20,306
Population
7,707
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
85.7 sq mi
ZIP Area
237
Density / Sq Mi
$109,375
Median Household Income
$53,400
Median Earnings
$2,062
Median Rent
$340,500
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Jacksonville, FL
Properties on Market for Multifamily properties in Jacksonville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three residences on a preserve-backed acreage parcel offer flexible occupancy and rental use.
Where is this multifamily property located?
The property is located at 4111 CEDAR POINT Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: 2.53‑acre parcel backing to a nature preserve; Two single‑family homes plus a barn‑converted apartment; Front residence includes approximately 1,700 square feet, an inground pool, and a 2‑car garage
