Brick Duplex with Private
For Sale
$315,000
778 ACOSTA Street, Jacksonville, FL 32204
Residential Income, Jacksonville, FL
Property Size1,757 SF
Lot Size0.13 Acres
Price / SF$179.28
Days on Market51
Property Features for 778 ACOSTA Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Assigned, Off Street
Subdivision
Riverside Park Place
Lot features
Historic Area
Directions
From 5 Points: Park St west, right onto Acosta St. to property on left.
Standard status
Active
APN
0650920000
Size
1,757 SF
Lot size
0.13 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6131
Utilities
Heating system
Central
Cooling system
Wall/Window Unit(s), Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1927
Number of units
2
Buildings
1
Listing Agency:
TRADITIONS REALTY LLC
(904) 683-5230
Listed By:
Sacha Higham
(904) 548-7636
Added: Sep 8
Changed: Oct 27
Last Checked: Oct 28 at 8:06PM
MLS# 2163927
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.
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Investment Insights
Based on property information with market context.
Built in 1927, this brick duplex contains approximately 1,757 square feet across two distinct residences. One unit offers two bedrooms and one bathroom and is vacant, while the second includes one bedroom and one bathroom with a lease running through December 31, 2026. Central heating serves the property, and public water is available.
The 0.13-acre parcel includes a private driveway with off-street parking. The property is in Riverside, with restaurants, shopping, parks, entertainment, and Downtown Jacksonville identified as nearby destinations. The separate unit layouts support either owner occupancy with an additional leased residence or continued use as a two-unit residential income property.
The 0.13-acre parcel includes a private driveway with off-street parking. The property is in Riverside, with restaurants, shopping, parks, entertainment, and Downtown Jacksonville identified as nearby destinations. The separate unit layouts support either owner occupancy with an additional leased residence or continued use as a two-unit residential income property.
Key Highlights
- 1927 brick duplex with approximately 1,757 square feet
- Two‑bedroom, one‑bath unit is vacant
- One‑bedroom, one‑bath unit leased through December 31, 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,498
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,960
$330.0K
Cap Rate 7%
$235,686
$235.7K
Cap Rate 9%
$183,311
$183.3K
Market Conditions
NOI Build-Up for 1,757 SF
Gross rent
$25.9K $14.76/SF
− Vacancy
−$2.4K −$1.35/SF
EGI
$23.6K $13.41/SF
− OpEx
−$7.1K −$4.02/SF
NOI
$16.5K $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 Rate 5%
$329,960
Cap Rate 7%
$235,686
Cap Rate 9%
$183,311
Alternative Uses
Best Use
Multifamily LT 5
$235.7K
$206.2K – $275.0K
NOI $16,498 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$185.7K
$162.5K – $216.7K
NOI $12,999 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$481.3K
$421.2K – $561.5K
NOI $33,692 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,592
Businesses Nearby
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Business Placement
Demographics for 32204, FL
8,673
Population
5,342
Households
1.6
Avg Household Size
39
Median Age
41%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
3,212
Density / Sq Mi
$54,462
Median Household Income
$47,872
Median Earnings
$1,132
Median Rent
$342,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured units provide flexible occupancy with off-street parking and access to Riverside amenities.
Where is this duplex located?
The property is located at 778 ACOSTA Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 1927 brick duplex with approximately 1,757 square feet; Two‑bedroom, one‑bath unit is vacant; One‑bedroom, one‑bath unit leased through December 31, 2026
