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$3,200,000
30 Baths 2125520 MLS 32043 Zip Code
Investment Opportunity - Newer Construction Multifamily in Growth Corridor 806 Oak St presents a rare opportunity to acquire a modern, income-producing multifamily asset in the heart of Green Cove Springs, FL. Built in 2021, this well-designed apartment complex consists of 17 total units with a strong and diverse unit mix: Four (4) 3BR / 2BA units Nine (9) 2BR + office / 2BA units Four (4) 2BR / 1BA units The property was constructed with a focus on energy efficiency, including foam insulation in the attic, helping reduce operating costs while enhancing tenant comfort. The site is approved for eight (8) single-car garages, offering a clear path for additional income upside through future development. An appraisal is on file, providing added confidence for investors and lenders. Strategically located, the property benefits from significant area growth, with over 10,000 new homes approved within a 2-mile radius and a new outbeltway expressway extension nearby, improving regional access and long-term demand. Green Cove Springs is a historic and desirable riverfront community, often referred to as the 19th-century "Saratoga of the South." Known for its natural warm mineral springs, St. Johns River access, parks, and small-town charm, the area offers a unique lifestyle with easy connectivity to Jacksonvillemaking it attractive to both long-term residents and commuters. At full occupancy, the property offers a projected gross income of approximately $340,000, with further upside through garage rentals and continued market rent growth. Ideal for investors seeking newer construction, stable cash flow, and long-term appreciation in a rapidly growing North Florida submarket.

806 Oak Street, Green Cove Springs

$1,300,000
6 Beds 6 Baths 2094215 MLS 32073 Zip Code
BRING YOUR DREAMS TO LIFE! YOUR WATERFRONT DREAM HOME IS CALLING! A rare opportunity to own one of the most iconic homes in Old Orange Park. 190 ft of water frontage, situated on a hill with 3.4-acres. Located in the highly sought-after neighborhood of Holly Point East, this sprawling property is surrounded by towering oak trees and Spanish moss, evoking the timeless elegance of southern charm. A long, private driveway leads you to a classic white ranch-style home with red double doors, a wide front porch with rocking chairs, and a detached 4-car garage. This home offers over 8,400 sq ft of heated and cooled living space including a finished BASEMENT, thoughtfully designed for both grand entertaining and comfortable daily living. Inside, you'll find a spacious great room with sliding glass doors that frame stunning views of the water, a formal living room (or bourbon room), 4 fireplaces, and a formal dining room. On the main floor you'll find four oversized bedrooms, each with its own en-suite bathroom, offering space, privacy, and flexibility. The fully finished basement level includes two more bedrooms, a full bath, multiple living areas, and ample storage, ideal for a game room, guest suite, or multi-generational setup. Two staircases on opposite ends of the home add convenience and flow. Outside, the possibilities are endless add a pool, tennis court, or lush gardens. Enjoy private water access for fishing or relaxing at one of the most sought-after spots in the area. 190 ft of river frontage, HIGH AND DRY! (3-4ft low tide and 4-6ft at high tide). Navigable to the ocean. Take the boat over to the Tiki bar across the water or head out to dinner at one of the many waterfront restaurants in the area. A legacy property with room to customize and grow, this estate offers the perfect blend of privacy, space, and Southern sophistication.

2785 Holly Point Road E, Orange Park

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