Investment opportunity just minutes from San Marco Square! Located less than a mile from one of Jax's most vibrant dining, shopping, & entertainment districts, this well-maintained six-unit multifamily property offers strong income potential in a highly desirable rental market. The property features six 1-bedr, 1-bath apartments, wi/ 5 of the 6 units thoughtfully updated to include stainless steel appliances, granite countertops, upgraded bathroom finishes, fresh interior & exterior paint, & durable tile & luxury vinyl plank flooring throughout. Each unit includes separate water & electric meters, helping minimize owner expenses, plus two dedicated parking spaces per residence. Situated in a private, quiet setting, the property benefits from a stable tenant base, including two long-term residents. Whether you're looking to expand your portfolio, complete a 1031 exchange, or invest in Jacksonville's growing urban core, this turnkey multifamily asset offers an excellent combination of location, condition, & income-producing potential.
South Riverside, located between the St. Johns River and San Marco, is a historic and walkable Jacksonville neighborhood with riverfront parks and brick-lined streets. The neighborhood’s character concentrates around the Park Street and King Street corridor, where coffee counters, chef-driven dining rooms, and small storefronts keep the sidewalks active. Early-20th-century bungalows and Mediterranean Revival homes set a low-slung, porch-forward streetscape. Memorial Park frames the river with lawns, paths, and the iconic Wings of Victory monument. Riverside Arts Market adds a weekly pulse under the Fuller Warren Bridge. Cummer Museum of Art & Gardens anchors the cultural calendar with galleries and formal gardens.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Tile flooring
Dishwasher
Electric range
Refrigerator
Bedrooms
6 bedrooms
Bathrooms
6 full bathrooms
Kitchen
Dishwasher
Electric range
Refrigerator
Flooring
Tile
Heating & cooling
Central heating
Central air conditioning
Exterior features
Few trees
Shed(s)
Home design
Multi-family property
One level entry
Single-story
Property is attached
Parking
Parking lot
Shared driveway
Construction
Concrete construction
2 buildings
Utilities
Cable available
Electricity connected
Sewer connected
Water connected
Financial info
Owner pays exterior maintenance
Owner pays HVAC maintenance
Owner pays taxes
Electricity and solar
View estimated energy costs and solar savings for this home
Great Investment for Income Property. 1 Mile from San Marco Square. Six 1 Br, 1 Bath apartments. Annual income $53,700. Four units have been rehabbed within the last 2 years, including new stainless steel appliances, new granite countertops, upgraded bathroom finishes ,interior and exterior painted.Tile and Vinyl plank wood looking floor. Parking area was redone less than a year ago. Two spaces per unit. Private and quiet setting. Two tenants have been there over 15 years the remaining tenants over 3 years. 100% occupied! Separate water and electric meters.
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
May 20, 2004 • Final
Mechanical
Install a new Goodman air conditioner and air handler unit.
HVAC
Feb 24, 2004 • Final
Electrical
Electrical
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.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 107° expected this year, 20 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Jacksonville, FL • 32207
Average low and high temperatures (°F)
63
44
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51
76
58
82
65
87
72
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93
78
89
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85
73
79
67
76
59
67
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 9% for direct sun exposure in Jacksonville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3264 St Augustine Rd
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