Coming Soon listing, no showings. 1616 River Road offers a rare multifamily investment opportunity in waterfront living just a short walk from the restaurants, cafés, and boutiques of San Marco Square. This intimate six-unit building is uniquely positioned along the St. Johns River, with each renovated residence including its own private boat slip. The two penthouse units feature expansive front balconies overlooking the river, showcasing breathtaking long-range views that stretch from Downtown Jacksonville to Riverside. Lower walk-out residences offer screened lanais that open directly onto the shared riverfront promenade, complete with a fire pit and grill pavilion offering perfection to relax or entertain along the water. Thoughtfully updated interiors provide a move-in ready option, blending modern comfort with the charm of one of Jacksonville's most desirable historic neighborhoods and the natural beauty of the St. Johns River.
Multi-familyProperty Type
2009Year Built
0.71 acresLot Size
$508Price/Sq.Ft.
$7,035/moHOA Dues
10 spacesParking
Listed by NICHOLAS EKLUND• ENGEL & VOLKERS FIRST COAST
Listed by JOANIE HEIGHES• ENGEL & VOLKERS FIRST COAST
Southbank, located between the St. Johns River and San Marco, is a waterfront and cultural Jacksonville neighborhood with a riverwalk skyline and museum-lined parks. The neighborhood’s character concentrates around the Southbank Riverwalk by the Main Street Bridge, where coffee counters, hotel lobbies, and riverfront paths keep the promenade in motion. The Cummer Museum of Art & Gardens anchors the area with galleries and formal gardens, while the Times-Union Center for the Performing Arts sets an evening cadence across the water. Mid-century towers and newer high-rises frame long views of Downtown. Pocket greenspaces and the riverfront trail shape a walk-and-bike routine. The skyline reads best at dusk from Friendship Fountain.
Provided by Walk Score and Local Logic
Market insights
1616 River Rd · $8,250,000
DAYS ON MARKET
1 days
The average home goes pending in 70 days.
SALE-TO-LIST
95.4%
Most homes are selling 5% below list price.
LIST PRICE
$8,250,000
Median sale price in this area is $198,607. (98% lower than this home)
PRICE DROP
0 price drops
26% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
In-unit laundry
Gas fireplace (1)
Tankless water heater
Wine cooler
Disposal
Fireplace present
Bedrooms
20 total bedrooms
Bathrooms
18 full bathrooms
6 half bathrooms
Kitchen
Convection oven
Electric oven
Gas cooktop
Dishwasher
Microwave
Refrigerator
Freezer
Outdoor kitchen
Laundry & utility
Washer
Dryer
Flooring
Stone flooring
Tile flooring
Vinyl flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Balcony
Boat slip
Dock
Fire pit
Fenced yard
Waterfront with seawall
Located in a historic area
City street frontage
Asphalt road surface
Home design
Multi-family property
Residential use
Attached property
One-level units within a 3-story building
Parking
10 parking spaces total
Covered parking
Off-street parking
Assigned parking
Additional secured parking
Carport with 6 spaces
Security
Secured lobby
Security gate
Entry phone / intercom
Fire alarm
Fire sprinkler system
Smoke detectors
Construction
Concrete, frame and stucco construction
Membrane roof
1 building
Utilities
Public sewer
Electricity connected
Natural gas available
Cable available
Sewer connected
HOA & community
Community association with monthly fee
Association fee: $7,035.32 monthly
Financial info
6 total residential units
Unfurnished units
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2009
Finished Sq. Ft.
100
Unfinished Sq. Ft.
0
Total Sq. Ft.
100
Year built
2009
Style
Condo/Co-op
County
Duval County
APN
0806191005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 7, 2024.
RMD-D
Residential Medium Density-D District
This category permits residential developments in a gross density range of up to 20 dwelling units per acre when full urban services are available to the site. Secondary and supporting nonresidential uses described in this category may also be permitted at appropriate locations subject to the performance standards and development criteria set forth in this Section. Medium density residential developments may be sited as transitional uses between single-family and commercial or public/semi-public use areas. Developments with higher densities should be sited in or adjacent to mass transit corridors and stations.; The following primary and secondary zoning districts may be considered in the Medium Density Residential Category depicted on the Future Land Use Maps of the Comprehensive Plan.; Generally, multiple-family dwellings such as apartments, condominiums, townhomes and rowhouses will be the predominant land use in the Residential Medium Density Districts, although other multiple-family, mobile home parks, single-family and mobile home subdivisions may also be developed in appropriate locations. Certain supporting open space uses, community facilities and utilities also may be permitted.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Police station
Golf related
Park & open space
Aug 3, 2011 • Final
Sitework
Grading
Mar 20, 2009 • Final
Building
Demolition
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.