806 OAK Street, Green Cove Springs, FL 32043
Overview
Description
Supplements: ... (Read more) 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.
Listing Details MLS# 2125520
General Property Information
- Number Of Units Total
- 17
- Bathrooms Total
- 30
- Building Area Total
- 18437
- Building Area Source
- Public Records
- Year Built
- 2021
- Lot Size Acres
- 1.3
- Land Lease YN
- No
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Stories Total
- 2
- Senior Community YN
- No
- Directions
- From Hwy 17 S., turn right onto Oak St. The property is located on your right.
- Public Remarks
- 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.
- List Price/SqFt
- 173.56
Property Features
Contract Information
- Listing Contract Date
- 2026-01-16
- Property Sub Type
- Multi Family
Location Tax and Legal
- Street Number
- 806
- Street Name
- OAK
- Street Suffix
- Street
- County
- Clay
- State
- FL
- Postal Code
- 32043
- MLS Area Major
- 161-Green Cove Springs
Status Change Information
- Major Change Timestamp
- 2026-02-09T21:31:25Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-02-09T21:31:25Z
Unit 1 Details
- Unit ID
- Yes
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- none
More Information
Unit 2 Details
- Unit ID
- 2
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- none
Unit 3 Details
- Unit ID
- 3
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- none
Unit 4 Details
- Unit ID
- 4
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- none
Unit 5 Details
- Unit ID
- 5
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- non
Unit 6 Details
- Unit ID
- 6
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- none
Unit 7 Details
- Unit ID
- 7
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- none
Unit 8 Details
- Unit ID
- 8
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- none
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