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Three-Unit Waterfront Office Building
For Sale
$899,000

8810 GOODBYS EXECUTIVE Drive, Jacksonville, FL 32217

Commercial Sale, Jacksonville, FL

Property Size4,080 SF
Lot Size0.36 Acres
Price / SF$220.34
Days on Market165

Property Features for 8810 GOODBYS EXECUTIVE Drive

General Information

Property type Residential
Property subtype Office
Zoning description Professional/Office
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Subdivision Goodbys Creek
Lot features Dead End Street
Directions Located just off Interstate 95, take Exit 344 for San Jose Boulevard and head south, then turn right onto Sunbeam Road, followed by a right onto Goodbys Executive Drive--the property will be located w
Standard status Active
APN 1487741012
Size 4,080 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9928

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Separate Meters, Central Air
Water source Public
Water front features Creek
Water front 1

Amenities

water views
on-site parking
private offices
reception area
conference room
kitchenette

Building Details

Year built 1986
Floors in Building 2
Number of units 3
Flooring type Carpet, Wood
Building materials Frame, Wood Siding
Roof type Shingle
Listing Agency: REAL BROKER LLC
Listed By: EMILY LLOYD · License #3362789
Added: May 5 Changed: Oct 15 Last Checked: Oct 16 at 2:06AM
MLS# 2143663

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.

The 4,080-square-foot office property contains three units, each with a bathroom, multiple private offices, a reception area and a conference room. Two units also include kitchenettes. The building was constructed in 1986 and has carpet and wood flooring, central heating and central air conditioning. An accessible approach ramp and an on-site parking lot serve the property.

Located at 8810 Goodbys Executive Drive in Jacksonville, the building fronts Goodbys Creek and its offices have water views. The 0.36-acre property is served by public water and public sewer.

Key Highlights

  • Three office units totaling 4,080 square feet
  • Each unit has a bathroom, private offices, reception area and conference room
  • Two units include kitchenettes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,679
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,580 $1.2M
Cap Rate 7%
$838,271 $838.3K
Cap Rate 9%
$651,989 $652.0K
Market Conditions
NOI Build-Up for 4,080 SF
Gross rent
$97.9K $24.00/SF
− Vacancy
−$19.7K −$4.82/SF
EGI
$78.2K $19.18/SF
− OpEx
−$19.6K −$4.79/SF
NOI
$58.7K $14.38/SF
Area
Jacksonville, FL
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,580
Cap Rate 7%
$838,271
Cap Rate 9%
$651,989

Alternative Uses

Best Use
Office B
$838.3K
$733.5K – $978.0K (±1% cap)
NOI $58,679 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$978.0K – $1.30M (±1% cap)
NOI $78,238 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Law Firm Auto Parts Store 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

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

671
Businesses Nearby

Demographics for 32217, FL

20,543
Population
9,632
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
3,804
Density / Sq Mi
$69,742
Median Household Income
$44,147
Median Earnings
$1,190
Median Rent
$291,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Jacksonville, FL

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - Separate suites offer private offices, reception areas and conference rooms; two also have kitchenettes.
Where is this office building located?
The property is located at 8810 GOODBYS EXECUTIVE Drive Jacksonville, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three office units totaling 4,080 square feet; Each unit has a bathroom, private offices, reception area and conference room; Two units include kitchenettes
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