2023 Four-Unit Lakefront
For Sale
$699,000
6535 SWEETBAY Lane, Jacksonville, FL 32244
Residential Income, Jacksonville, FL
Property Size4,104 SF
Lot Size0.19 Acres
Price / SF$170.32
Days on Market112
Property Features for 6535 SWEETBAY Lane
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Rooms
Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 7, Bedroom 8
Parking features
Parking Lot, Off Street
Appliances
Dishwasher, Disposal, Electric Range, Refrigerator
Subdivision
Ryans Pond
View
Lake
Elementary school
Cedar Hills
High school
Westside High School
Directions
Take I 295 south. Exit on 103rd and turn left. Turn right on Jammes Rd and then another Right onto Sweetbay.
Standard status
Active
APN
0143940145
Size
4,104 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11837
HOA Fee
$416 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water front features
Lake Front
Water front
1
Building Details
Year built
2023
Floors in Building
2
Number of units
4
Building materials
Frame
Roof type
Shingle
Listing Agency:
RE/MAX UNLIMITED · RE/MAX International
(904) 280-1115
Listed By:
LARA HOFFMAN · License #0685714
(904) 465-3140
Added: Jun 19
Changed: Oct 2
Last Checked: Oct 8 at 10:06AM
MLS# 2151383
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.
Completed in 2023, this 4,104-square-foot quadplex contains four residential units on a 0.19-acre lakefront parcel. The units feature open layouts, vinyl plank flooring throughout, primary suites with walk-in closets and walk-in showers, and washer and dryer hookups. Interior finishes include 36-inch cherry cabinets, granite countertops, center islands, and stainless appliances, with refrigerators, electric ranges, dishwashers, and disposals provided.
All four units are leased, and property management is in place. The property offers central electric heating and cooling, frame construction, a shingle roof, public sewer, and off-street parking with a parking lot. Its Jacksonville setting provides access to NAS JAX, schools, and shopping.
All four units are leased, and property management is in place. The property offers central electric heating and cooling, frame construction, a shingle roof, public sewer, and off-street parking with a parking lot. Its Jacksonville setting provides access to NAS JAX, schools, and shopping.
Key Highlights
- Four‑unit quadplex completed in 2023
- 4,104 square feet on 0.19 acres
- All four units are leased with property management in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,367
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,340
$727.3K
Cap Rate 7%
$519,529
$519.5K
Cap Rate 9%
$404,078
$404.1K
Market Conditions
NOI Build-Up for 4,104 SF
Gross rent
$58.1K $14.16/SF
− Vacancy
−$6.2K −$1.50/SF
EGI
$52.0K $12.66/SF
− OpEx
−$15.6K −$3.80/SF
NOI
$36.4K $8.86/SF
Area
ZIP 32244
Vacancy
10.60%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,340
Cap Rate 7%
$519,529
Cap Rate 9%
$404,078
Alternative Uses
Best Use
Multifamily LT 5
$519.5K
$454.6K – $606.1K
NOI $36,367 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$458.2K
$401.0K – $534.6K
NOI $32,077 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$1.09M
$957.9K – $1.28M
NOI $76,630 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 32244, FL
63,292
Population
26,250
Households
2.4
Avg Household Size
36
Median Age
24%
College-Educated
92%
High-School Grad
23.6 sq mi
ZIP Area
2,682
Density / Sq Mi
$61,652
Median Household Income
$39,064
Median Earnings
$1,366
Median Rent
$221,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased four-unit property with modern interiors, individual laundry hookups, and off-street parking.
Where is this quadplex located?
The property is located at 6535 SWEETBAY Lane Jacksonville, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four‑unit quadplex completed in 2023; 4,104 square feet on 0.19 acres; All four units are leased with property management in place
