New Construction
New
For Sale
$510,000
5682-5684 BAYWOOD Terrace, Jacksonville, FL 32211
Each residence offers three bedrooms, an attached garage, and a fenced private yard; there is no HOA.
Property Size2,370 SF
Days on Market5
Property Features for 5682-5684 BAYWOOD Terrace
General Information
Standard status
Active
Size
2,370 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Building Size
2,370 SF
Buildings
1
Stories
1
Construction
Hardie board cementious siding
Listing Agency:
JWB REALTY LLC
Listed By:
DANIEL DANYUS · License #3205637
(904) 502-8401
Source:
Houseandhavenrealty
Added: Sep 30
Changed: Oct 3
Last Checked: Oct 3 at 2:42AM
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 JWB REALTY LLC
Investment Insights
Based on property information with market context.
This 2026 duplex is under construction, with completion estimated by the end of October. Both residences are single-story and include three bedrooms, two full bathrooms, and an attached garage. Interior features include an open kitchen with quartz counters, stainless steel appliances, and a bar island, along with a primary suite featuring a walk-in shower and dual sinks. Each unit also has a fenced backyard. Exterior construction includes a plywood shell beneath Hardie board cementitious siding and an architectural shingle roof; a 2-10 ten-year structural warranty is included.
The property is across from JU, with Blue Cypress Park nearby. Park amenities include a golf course, multi-sport fields, a swimming pool, and a riverfront boardwalk; a boat ramp is also nearby. Downtown Jacksonville is a short drive away. There is no HOA.
The property is across from JU, with Blue Cypress Park nearby. Park amenities include a golf course, multi-sport fields, a swimming pool, and a riverfront boardwalk; a boat ramp is also nearby. Downtown Jacksonville is a short drive away. There is no HOA.
Key Highlights
- 2026 single‑story duplex under construction; completion estimated by the end of October
- Two units, each with 3 bedrooms, 2 full bathrooms, and an attached garage
- Open kitchens feature quartz countertops, stainless steel appliances, and bar islands
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,254
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$445,080
$445.1K
Cap Rate 7%
$317,914
$317.9K
Cap Rate 9%
$247,267
$247.3K
Market Conditions
NOI Build-Up for 2,370 SF
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.
Gross rent
$35.0K $14.76/SF
− Vacancy
−$3.2K −$1.35/SF
EGI
$31.8K $13.41/SF
− OpEx
−$9.5K −$4.02/SF
NOI
$22.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$445,080
Cap Rate 7%
$317,914
Cap Rate 9%
$247,267
Alternative Uses
Best Use
Multifamily LT 5
$317.9K
$278.2K – $370.9K
NOI $22,254 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$250.5K
$219.2K – $292.2K
NOI $17,534 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$649.2K
$568.1K – $757.5K
NOI $45,447 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Explore this area
Business Placement
Demographics for 32211, FL
34,168
Population
15,250
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,167
Density / Sq Mi
$55,208
Median Household Income
$33,993
Median Earnings
$1,104
Median Rent
$208,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, an attached garage, and a fenced private yard; there is no HOA.
Where is this duplex located?
The property is located at 5682-5684 BAYWOOD Terrace Jacksonville, FL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 2026 single‑story duplex under construction; completion estimated by the end of October; Two units, each with 3 bedrooms, 2 full bathrooms, and an attached garage; Open kitchens feature quartz countertops, stainless steel appliances, and bar islands
