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Leased Quadplex Built 2023
For Sale
$725,000

6535 SWEETBAY Lane, Jacksonville, FL 32244

MULTI_FAMILY - Jacksonville, FL

Property Size4,104 SF
Lot Size0.19 Acres
Price / SF$176.66
Days on Market49

Property Features for 6535 SWEETBAY Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Rooms Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 7, Bedroom 3
Parking features Off Street, Parking Lot
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 Central Air, Electric
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
Listed By: LARA HOFFMAN · License #0685714
Added: Jun 19 Changed: Aug 2 Last Checked: Aug 6 at 9:06AM
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.

Built in 2023, this frame quadplex offers four residential units on a 0.19-acre lot. The property is fully leased, with all four units in place. Interiors feature an open floor plan with no carpet and vinyl plank flooring throughout, plus washer and dryer hook-ups in the units. A primary suite includes a walk-in closet and a walk-in shower. Kitchens are appointed with 36 in cherry cabinets, a large center island, granite countertops, and stainless appliances.

The quadplex includes off-street parking in a parking lot setting. Utilities include central electric heating and central air cooling, with public sewer service and a shingle roof. The property is described as lake front, providing additional setting for tenants.

Tenants receive in-unit major appliances including a dishwasher, disposal, electric range, and refrigerator. Property management is in place for ongoing operations.

Key Highlights

  • Four‑unit quadplex built in 2023 with all units leased
  • 0.19‑acre lot with total building size of 4,104 SF
  • Lake front setting and shingle roof

Financial Insights For Multifamily LT 5

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 $58.1k $14.16
− Vacancy −$6.2k −$1.50
EGI $52.0k $12.66
− OpEx −$15.6k −$3.80
NOI $36.4k $8.86
4,104 SF · lease $14.16/SF/yr · vacancy 10.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$519.5K
$454.6K – $606.1K (±1% cap)
NOI $36,367 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$458.2K
$401.0K – $534.6K (±1% cap)
NOI $32,077 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$1.09M
$957.9K – $1.28M (±1% cap)
NOI $76,630 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

705
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex built in 2023 with all units leased and vinyl plank flooring throughout.
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 $725,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 2023 with all units leased; 0.19‑acre lot with total building size of 4,104 SF; Lake front setting and shingle roof
More about this property
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