Price Reduction - Waterfront
831 CEDAR Street, Jacksonville, FL
$ 1,050,000
Property Attributes
  • MLS#2011988
  • TypeMulti-Family
  • CountyDUVAL
  • CityJacksonville
  • Area011-San Marco
  • NeighborhoodPalm Park
  • Zip32207
  • StyleQuadruplex
  • Year Built1937
  • Taxes$ 14293
  • Price$ 1,050,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms2
  • Sqr Footage4152
  • Lot Size5,663 SqFt
Data Source:
Northeast Florida MLS (NEFMLS)
Property Description

Welcome to your prime investment opportunity! Presenting this fully occupied Riverside Quadplex, a savvy investor's dream come true. Situated in a sought-after location, this charming property boasts a recent renovation, ensuring modern comforts and style for all four units. Each unit has been thoughtfully upgraded, promising a high standard of living for tenants and attracting strong rental demand. Convenience is key, with one dedicated carport spot provided for each unit, supplemented by ample off-street parking—an invaluable asset in any urban setting. Perfectly positioned near downtown, residents will enjoy easy access to a plethora of amenities, including dining, entertainment, shopping, and more. Whether it's a stroll along the riverfront, a night out on the town, or simply enjoying the vibrant city atmosphere, everything is within reach from this superb location. With its stellar cash flow potential and prime location, this Quadplex presents an exceptional opportunity

Price History
3/2/2024 Listed $1,100,000
4/19/2024 3% - $1,075,000
5/16/2024 3% - $1,050,000

General Features

Sewer Public Sewer
Heating Electric,Separate Meters
Cooling Central Air,Multi Units,Varies by Unit,Wall/Window Unit(s)
Utilities Cable Connected,Electricity Connected,Separate Electric Meters,Sewer Connected,Water Connected
Possession Close Of Escrow
Appliances Dishwasher,Dryer,Electric Range,Electric Water Heater,Refrigerator,Washer
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Brick Veneer,Frame
Year Built 1937
Tenant Pays Cable TV,Electricity
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2023
Current Use Residential
OwnerPays Common Area Maintenance,Exterior Maintenance,Grounds Care,Management,Pest Control,Sewer,Water
County Duval
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Subdivision Name Palm Park
Garage Y/N No
Status Active
Directions From Hendricks Ave take Cedar St heading west. Building is 2 blocks down on the right.
ModificationTimestamp 2024-05-16T00:08:48Z
City Jacksonville
Buyer Agent Compensation 2.50
View Y/N No
Senior Community Y/N No
Zoning Description Multi Family
Total Units 4
MLS Area 011-San Marco
Lot Size Square Feet 5662.8
Waterfront Y/N No
Carport Spaces 4.0
Carport Y/N Yes
Street Name CEDAR
Listing Terms Cash,Conventional
Tax Annual Amount 14293.49
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor 011-San Marco
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 77
Standard Status Active
MobileHomeRemainsYN No
Legal Description 8-11 44-2S-26E PHILIPS ADDN TO PALM PARK LOT 12 BL
Cash True
Conventional True

Interior Features

Flooring Tile,Vinyl,Wood
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 4
Half Baths 2
Street Suffix Street
Laundry Features In Unit
Total Bedrooms 6
Electric On Property Y/N No
LivingAreaSource Public Records
Total Baths 6

Exterior Features

Parking Features Additional Parking,Attached Carport,Off Street
Lot Features Dead End Street
Water Source Public
Lot Size Area 0.13
Number of Buildings 1
Spa No
Lot Size Acres 0.13
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 32207

AVG $720K
AVG $8,174
AVG 81
Data Provided by Inside Real Estate®
Year Built
AVG 1978

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