Four-Unit
New
For Sale
$489,999
5830 Yellow Pine Ct, Jacksonville, FL 32277
Separately metered residential units provide distinct living spaces within one multifamily property.
Property Size3,030 SF
Price / SF$161.72
Days on Market2
Property Features for 5830 Yellow Pine Ct
General Information
Standard status
Active
Size
3,030 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Building Details
Year Built
1963
Listed By:
Florida Coastal Team
(904) 664-9864
Source:
Floridacoastalteam
Added: Sep 1
Last Checked: Sep 1 at 10:08PM
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 Florida Coastal Team
Investment Insights
Based on property information with market context.
This quadplex contains four residential units, each configured with two bedrooms and one bathroom. The property totals approximately 3,030 square feet and was built in 1963, with separate metering serving the four-unit arrangement. Individual living spaces create a clear multifamily layout under one roof.
Located at 5830 Yellow Pine Ct in Jacksonville’s Arlington area, the property is near Jacksonville University, downtown Jacksonville, shopping, dining, major roadways, and area employment centers. The surrounding context places the property within an established residential area with access to several nearby destinations.
Located at 5830 Yellow Pine Ct in Jacksonville’s Arlington area, the property is near Jacksonville University, downtown Jacksonville, shopping, dining, major roadways, and area employment centers. The surrounding context places the property within an established residential area with access to several nearby destinations.
Key Highlights
- Four‑unit quadplex with four 2‑bedroom, 1‑bath residences
- Approximately 3,030 square feet across the property
- Separate metering for each of the four units
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
$28,451
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
5.81%
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%
$569,020
$569.0K
Cap Rate 7%
$406,443
$406.4K
Cap Rate 9%
$316,122
$316.1K
Market Conditions
NOI Build-Up for 3,030 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
$44.7K $14.76/SF
− Vacancy
−$4.1K −$1.35/SF
EGI
$40.6K $13.41/SF
− OpEx
−$12.2K −$4.02/SF
NOI
$28.5K $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%
$569,020
Cap Rate 7%
$406,443
Cap Rate 9%
$316,122
Alternative Uses
Best Use
Multifamily LT 5
$406.4K
$355.6K – $474.2K
NOI $28,451 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$320.2K
$280.2K – $373.6K
NOI $22,417 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$830.0K
$726.3K – $968.4K
NOI $58,103 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Explore this area
Business Placement
Demographics for 32277, FL
33,174
Population
14,025
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
7.2 sq mi
ZIP Area
4,608
Density / Sq Mi
$60,215
Median Household Income
$35,300
Median Earnings
$1,297
Median Rent
$256,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Separately metered residential units provide distinct living spaces within one multifamily property.
Where is this quadplex located?
The property is located at 5830 Yellow Pine Ct Jacksonville, FL.
What is the asking price?
The asking price for this property is $489,999.
What are key features of this property?
This property features: Four‑unit quadplex with four 2‑bedroom, 1‑bath residences; Approximately 3,030 square feet across the property; Separate metering for each of the four units
