711 Margaret Street Unit 711, Jacksonville, FL 32204
Well-equipped office space featuring new flooring, high ceilings, conference rooms, and ample parking.
- Added:
- Apr 13, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 14 at 1:33 am
Property Features for 711 Margaret Street Unit 711
General Information
- Standard status
- Active
- Size
- 4,490 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1958
Listing agent WANDA FRANKLIN License #391684
Listing office SPECTRUM REALTY SERVICES (904) 389-7311
Listing date Apr 13, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of SPECTRUM REALTY SERVICES
HighLights
- 4,490 SF office space near downtown in a historic Riverside District
- Corner lot in a commercial zoning area, with historic‑area and city‑road lot features
- High ceilings with multiple perimeter offices, bullpen area, and a full kitchen break room
- Includes 2 conference rooms, including one 'on the glass,' plus guest facilities (3)
- Three HVAC units: one 7‑ton and two 2‑ton systems
- New roof (3 +/- years) with a 20‑year warranty; ADA‑compliant restrooms and new vinyl plank flooring
Overview
The property is located in the Historic Riverside District, with walking distance to Five Points Shopping. It is described as centrally located within half a mile of an onramp to Fuller Warren and I-95, supporting convenient access for staff and visitors. Parking is noted as ample at approximately 8 spaces per 1,000 square feet.
This configuration is practical for professional tenants seeking dedicated meeting space, a combination of perimeter offices and open/communal work areas, and ADA-compliant restrooms. Recent updates to the roof and interior flooring, along with multiple HVAC units, support a straightforward move-in plan for office users who want a functional, office-ready environment.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6827845
- Latitude
- 30.3191834
