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Financial
Distress signals
Property profile

129 Market St Jacksonville, FL 32202

OFF-MARKET
Residential income homes
Property ID
US18-4896347
10,647 SF 0.12 ac lot Built 1904
Last sale Sep 1998 · $218,600
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Palms Hotel is a three-story hospitality building dating to 1904, functioning as an income-producing commercial property with multiple guest accommodations and on-site amenities. It is located at 129 N Market Street in Downtown Jacksonville, positioned within an established urban commercial environment near the city’s business district, entertainment and dining venues, and major transportation corridors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$573k
Assessed land$105k
Assessed improvement$468k
Effective rate1.85%

Value estimate

· Oct 2026
$690k
$621k – $759k
Submarket $/SF estimate$734k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$165/SF
Submarket average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$69 – $273

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CCBD
CCG, CCBD and CR zoning districts- (i) One street frontage sign per lot not exceeding one square foot for each linear foot of street fron...
General categoryCOMMERCIAL
JurisdictionDUVAL

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.8
Storage Facility9.6
Carpet & Flooring Store9.3

Location

129 Market St Jacksonville, FL 32202-2804
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
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