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Updated Triplex Near Beach
For Sale
$1,310,000

918 FIRST Street Neptune, Neptune Beach, FL 32266

Three separately metered residences offer in-unit laundry, storage, parking, and multifamily zoning near the beach.

Property SizeContact for details
Days on Market291

Property Features for 918 FIRST Street Neptune

General Information

Standard status Active
Property subtype Triplex

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Amenities

in-unit laundry
Cable Ready
Central
Central Air
Separate Meters
Electric
Deck, Cable Available, Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected, Shingle

Building Details

Year Built 1937
Buildings 1
Stories 2
Construction cedar-shake
Listing Agency:
Listed By: Gwinn Volen · License #3312289
Source: Kw
Added: Nov 11, 2025 Changed: Aug 29 Last Checked: Aug 29 at 5:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gwinn Volen

Investment Insights

Based on property information with market context.

Built in 1937, this cedar-shake triplex contains three 2-bed, 1-bath residences. Each unit includes its own laundry, substantial storage, and parking. Electric service is separately metered for all three units, with separate water meters also provided. Connected water, sewer, and electricity support the property’s existing residential configuration, while central air serves the interiors.

The property is located in Neptune Beach, steps from the beach and within walking distance of Beaches Town Center. Key improvements include a roof completed in 2018-2019, plumbing updates from 2021-2022, and AC system updates completed between 2020-2022. Multifamily zoning is in place, and the property information identifies potential for conversion to a single-family residence.

Key Highlights

  • Three 2‑bed, 1‑bath units in a single triplex property
  • Multifamily zoning with potential for single‑family conversion
  • Separately metered electric for all 3 units; separate water meters also provided

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Bakery Auto Parts Store Home Appliance Store

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
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

Demographics for 32266, FL

7,217
Population
3,792
Households
1.9
Avg Household Size
43
Median Age
60%
College-Educated
96%
High-School Grad
2.3 sq mi
ZIP Area
3,138
Density / Sq Mi
$111,025
Median Household Income
$52,180
Median Earnings
$1,481
Median Rent
$613,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered residences offer in-unit laundry, storage, parking, and multifamily zoning near the beach.
Where is this triplex located?
The property is located at 918 FIRST Street Neptune Neptune Beach, FL.
What is the asking price?
The asking price for this property is $1,310,000.
What are key features of this property?
This property features: Three 2‑bed, 1‑bath units in a single triplex property; Multifamily zoning with potential for single‑family conversion; Separately metered electric for all 3 units; separate water meters also provided
More about this property
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