115 2nd Street, Jacksonville, FL 32206
Local realty services provided by:ERA Fernandina Beach Realty
115 2nd Street,Jacksonville, FL 32206
$1,750,000
- 6 Beds
- 11 Baths
- 6,560 sq. ft.
- Multi-family
- Active
Listed by: thomas love
Office: belle epoque realty services llc.
MLS#:2128600
Source:JV
Price summary
- Price:$1,750,000
- Price per sq. ft.:$266.77
About this home
A rare chance to acquire an irreplaceable 5-unit executive housing asset in the heart of Historic Springfield. Stabilized or repositioned, the numbers work either way. The building delivers four oversized 1BR/1.5BA residences (~1,100 SF each) and a true 2,288 SF penthouse occupying the entire third floor with 2 bedrooms, 2.5 baths, and sweeping views of Klutho Park and the downtown Jacksonville skyline. All five units feature in-unit laundry, which is a meaningful competitive advantage in this submarket. Pro forma gross income of $192,000 annually supports a projected ~8% cap rate at the asking price, based on executive lease rates of $2,750/month for the flats and $5,000/month for the penthouse. Current rents reflect an owner-occupied and partially furnished operation; two furnished units and the penthouse offer immediate repositioning upside. Delivery terms are negotiable. The rear yard amenity package, outdoor tiki bar, hot tub, sauna, and courtyard gathering space, creates a boutique, lifestyle-forward community that executive and corporate tenants cannot find elsewhere in Jacksonville at this price point. Built in 1906. Brick construction. HVAC is approximately 2 years old....
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Home facts
- Year built:1906
- Listing ID #:2128600
- Added:144 day(s) ago
- Updated:June 29, 2026 at 05:10 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:11
- Full bathrooms:6
- Half bathrooms:5
- Flooring:laminate, wood
- Living area:6,560 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1906
- Building area:6,560 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Historic Area
- Construction Materials:Brick
- Exterior Features:Balcony
- Levels:3 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$266.77
- Tax amount:$14,968 (2025)
Parking
- Parking description:On Street
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