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    Property profile & analytics

    1217 Park Ave Orange Park, FL 32073

    • Commercial real estate
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-0460386
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Admiral Apartments / Apartment Building
    • Jacksonville's Rev. James, Officiant / Wedding Service / Wedding Chapel

    Property Details for 1217 Park Ave

    Year built
    1963
    Lot size
    1.30 lot acres
    Property type
    Commercial real estate

    Description

    Admiral Apartments presents a compelling investment opportunity in the desirable Orange Park, Florida market. This stabilized, Class B multifamily property boasts 30 units spread across two, two-story buildings situated on a 1.3-acre lot. Built in 1963 and extensively renovated in 2016 and 2020, the property enjoys a prime location on Park Avenue (US Hwy 17), a main thoroughfare offering excellent visibility and exposure. Its suburban infill location provides a high barrier to entry for competitors. The property benefits from its proximity to the water and convenient access to area employment centers. Currently operating at 100% occupancy, this asset offers immediate cash flow and significant potential for future growth. The permitted zoning is multifamily, allowing for continued use as an apartment building. A video tour is available for viewing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orange Park
    County
    Clay
    State
    Florida
    Longitude
    -81.7008978
    Latitude
    30.1746624

    Comparable in this City

    • $475,000

      Cash-Flowing Triplex Near NAS Jacksonville

      Triplex near NAS Jacksonville, ideal for investors or owner-occupants.
      810 Meadowbrook Dr, Orange Park, FL 32073
      View Details
    • $1,795,000
      1,767 SF

      Versatile Commercial Portfolio in Orange Park

      Three parcels with a leased building and expansion potential.
      1005 Park Ave, Orange Park, FL 32073
      View Details
    • $915,000
      5,092 SF

      Orange Park Office Investment Opportunity

      Fully occupied office building with long-term leases in Orange Park.
      2301 Park Ave, Orange Park, FL 32073
      View Details
    • $925,000

      Orange Park Office Building Investment

      Four-unit office building, high occupancy.
      2301 Park Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      283,301 SF

      Prime Orange Park Industrial Facility

      283,301 SF Warehouse, Manufacturing, Distribution
      600 Wells Rd, Orange Park, FL 32073
      View Details
    • $1,500,000
      3,408 SF

      Orange Park Medical Facility

      Exceptional medical facility in Orange Park, Florida, with two units.
      1906 Debarry Ave, Orange Park, FL 32073
      View Details

    Similar Nearby for Sale

    • $475,000

      Cash-Flowing Triplex Near NAS Jacksonville

      Triplex near NAS Jacksonville, ideal for investors or owner-occupants.
      810 Meadowbrook Dr, Orange Park, FL 32073
      View Details
    • $1,200,000
      26,732 SF

      Commercial Land on Park Avenue

      Commercial land available on a high-traffic road in Orange Park.
      1103 Park Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      2,950 SF

      Orange Park Redevelopment Opportunity

      2,950 SF building suitable for retail or vehicle-related ventures.
      206 Park Ave, Orange Park, FL 32073
      View Details
    • $1,795,000
      1,767 SF

      Versatile Commercial Portfolio in Orange Park

      Three parcels with a leased building and expansion potential.
      1005 Park Ave, Orange Park, FL 32073
      View Details
    • $915,000
      5,092 SF

      Orange Park Office Investment Opportunity

      Fully occupied office building with long-term leases in Orange Park.
      2301 Park Ave, Orange Park, FL 32073
      View Details
    • $925,000

      Orange Park Office Building Investment

      Four-unit office building, high occupancy.
      2301 Park Ave, Orange Park, FL 32073
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      31,480 SF

      Kingsley Square Retail Space Available

      Orange Park Shopping Center Space for Lease
      2285 Kingsley Ave, Orange Park, FL 32073
      View Details
    • $13 SF/Yr
      20,620 SF

      Kingsley Ave Office Space for Lease

      Prime Orange Park Office, 1,000 sq ft available
      1279 Kingsley Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      21,904 SF

      Prime Medical Office Space in Orange Park, FL

      1,055-2,400 SF Medical Office Suites Available
      1871 Wells Rd, Orange Park, FL 32073
      View Details
    • Contact for pricing
      43,999 SF

      Prime Orange Park Retail Center

      Three-building retail center, two spaces available
      2146 Park Ave, Orange Park, FL 32073
      View Details
    • $15 SF/Yr
      900 SF

      Orange Park Medical Office Space

      900 sq ft, Single Tenant, Prime Location
      1329 Kingsley Ave, Orange Park, FL 32073
      View Details
    • Contact for pricing
      4,919 SF

      Retail Space in Established Center

      Retail and restaurant spaces available in a high-visibility shopping center.
      2150-2186 Park Ave, Orange Park, FL 32073
      View Details
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    1217 Park Ave
    Orange Park, FL 32073
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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