Renovated Multi-Use Property, Jacksonville, FL

9124 FREE Avenue Jacksonville, FL 32211

Claim this Listing
For Sale
$250,000

SINGLE_FAMILY - Jacksonville, FL

Type:Office
Property size:
1,030 SF
Lot size:
0.21 Acres
Price / SF:
$242/SF
Added:
May 14, 2026
Days on Market:
61
Last Refresh:
Jul 13 at 5:06 am

Property Features for 9124 FREE Avenue

General Information

Property type
Residential
Property subtype
Office
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
RV, Guest
Fencing
Privacy, Chain Link
Standard status
Active
APN
1438600000
Size
1,030 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2712

Utilities

Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1946
Floors in Building
1
Number of units
1
Flooring type
Tile, Laminate
Building materials
Block, Fiber Cement, Wood Siding
Roof type
Rolled Hot Mop, Shingle, Mixed

Listing agent CHRISTOPHER RUBINAN License #3465021

Listing office KELLER WILLIAMS FIRST COAST REALTY 151 COLLEGE DRIVE UNIT 14, ORANGE PARK, FL

Listing date May 14, 2026

MLS# 2146065

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.

This renovated property, situated on an oversized triple lot with Commercial Office (CO) zoning, presents numerous possibilities, including future expansion, home-based business use, additional parking, outdoor entertaining space, or potential development opportunities. The property is conveniently located and move-in ready. The updated kitchen features granite countertops and appliances. The layout is currently configured as two separate living spaces (2/1 and 1/1), making it ideal for multi-purpose or generational living, rental income, office space, or flexible use. It can also be easily converted back to a traditional 3/2 layout if desired. Major improvements include an updated roof, HVAC, water heater, windows, and re-plumbing. Located in Woodland Acres, this property offers updated living with flexibility and future potential. The property has a size of 1030 square feet and sits on a 0.21-acre lot.

Key Highlights

  • Oversized triple lot with Commercial Office (CO) zoning for multi‑use potential, including future expansion and development opportunities
  • Move‑in ready home with updated kitchen featuring granite countertops and included appliances
  • Functional layout currently configured as two separate living spaces: 2/1 and 1/1 (easy conversion back to a traditional 3/2 layout)

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 $24.7k $24.00
− Vacancy −$5.0k −$4.82
EGI $19.8k $19.18
− OpEx −$4.9k −$4.79
NOI $14.8k $14.38
1,030 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$211.6K
$185.2K – $246.9K (±1% cap)
NOI $14,813 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$282.2K
$246.9K – $329.2K (±1% cap)
NOI $19,751 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

(Bike/Boat/Book/etc) Store Bakery Home Appliance Store Real Estate Agency Pet Grooming Service Dental Office (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Versatile property with CO zoning, ideal for various business uses.
Where is this office units located?
The property is located at 9124 FREE Avenue Jacksonville, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Oversized triple lot with Commercial Office (CO) zoning for multi‑use potential, including future expansion and development opportunities; Move‑in ready home with updated kitchen featuring granite countertops and included appliances; Functional layout currently configured as two separate living spaces: 2/1 and 1/1 (easy conversion back to a traditional 3/2 layout)
Contact an agent
More about this property
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