Historic District Office
711 MARGARET Street, Jacksonville, FL 32204
COMMERCIAL - Jacksonville, FL
Property size:
4,490 SFLot size:
0.23 AcresPrice / SF:
$189/SF- Added:
- May 11, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 26 at 12:06 am
Property Features for 711 MARGARET Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Off Street, Parking Lot
- Standard status
- Active
- APN
- 0904740000
- Size
- 4,490 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4483
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Heat Pump, Central Air, Multi Units, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1958
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile, Laminate
- Building materials
- Block
- Roof type
- Membrane
Listing agent WANDA FRANKLIN License #391684 (904) 389-7311
Listing office SPECTRUM REALTY SERVICES 9803 OLD ST. AUGUSTINE ROAD SUITE 1, Jacksonville, FL (904) 389-7311
Listing date May 11, 2026
MLS# 2144740
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.
HighLights
- 4490 SF office space near downtown in the Historic Riverside District, with walking distance to Five Points Shopping
- 3 HVAC units: one 7‑ton and two 2‑ton systems, plus cooling via central air, electric/heat pump and ceiling fans
- New membrane roof installed about 3 years ago with an approximate 20‑year warranty
- Ample parking with 8/1000 SF +/- and off‑street parking in a parking lot
- Flooring includes new vinyl plank plus tile and laminate, with high ceilings and numerous perimeter offices including a bullpen area
- Includes two conference rooms (one "on the glass"), full kitchen/break room, and 2 bathrooms that are ADA compliant
Overview
This office building offers 4,490 square feet of functional workspace with high ceilings and a layout that includes numerous perimeter offices, a bullpen area, and dedicated administration and work rooms. The interior features new vinyl plank flooring, ADA-compliant restrooms, and a full kitchen/break room for day-to-day operations. Conference facilities include two conference rooms, one described as “on the glass,” along with a total of three HVAC units, including one 7-ton unit and two 2-ton units. The roof was replaced approximately three years ago with a 20-year warranty.
The property is located in the Historic Riverside District and is described as within walking distance to Five Points Shopping. It also states central access to nearby on-ramps, including Fuller Warren and I-95, placing it within roughly a quarter-mile of those routes. Parking is described as ample, at approximately 8 spaces per 1,000 square feet.
For buyers or tenants looking for an office environment that supports both private workstations and collaborative meetings, this configuration offers a mix of perimeter offices, conference rooms, and shared break space. The ADA-compliant restrooms and completed interior updates such as the flooring and roof warranty provide straightforward readiness for professional office use.
The property is located in the Historic Riverside District and is described as within walking distance to Five Points Shopping. It also states central access to nearby on-ramps, including Fuller Warren and I-95, placing it within roughly a quarter-mile of those routes. Parking is described as ample, at approximately 8 spaces per 1,000 square feet.
For buyers or tenants looking for an office environment that supports both private workstations and collaborative meetings, this configuration offers a mix of perimeter offices, conference rooms, and shared break space. The ADA-compliant restrooms and completed interior updates such as the flooring and roof warranty provide straightforward readiness for professional office use.
Local Financial Insights For Office B
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 | $107.8k | $24.00 |
| − Vacancy | −$21.7k | −$4.82 |
| EGI | $86.1k | $19.18 |
| − OpEx | −$21.5k | −$4.79 |
| NOI | $64.6k | $14.38 |
4,490 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$922.5K
$807.2K – $1.08M
NOI $64,575 @ 7.0% cap · market cap 7.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,100 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Heth Realty, Inc
Real Estate Agency
Quality Commercial Refrigeration
Electronics & Wireless Store
Wanda Franklin, Realtor ...
Real Estate Agency
Leonard's Lawnscape & Irrigation
General Contractor
Bonnie K Brady, ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.682822
- Latitude
- 30.319266
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Well-equipped office space with new flooring, multiple HVAC units, conference rooms, and ample parking near Five Points.
Where is this office units located?
The property is located at 711 MARGARET Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $849,500.
What are key features of this property?
This property features: 4490 SF office space near downtown in the Historic Riverside District, with walking distance to Five Points Shopping; 3 HVAC units: one 7‑ton and two 2‑ton systems, plus cooling via central air, electric/heat pump and ceiling fans; New membrane roof installed about 3 years ago with an approximate 20‑year warranty
