Being sold as a portfolio of properties. The portfolio consists of (16) units in (5) buildings located at (3) separate locations in Jacksonville, FL. This portfolio is a turn key operation that is 100% occupied and yielding over a 9% cap rate. Rents are currently below market and could be increased to maximize cash flow. All units are separately metered, have central heat/ac, and have undergone extensive renovations. The portfolio has very low turnover and the average tenant across all (16) units has been in place for over two years. Portfolio will not be divided. Must sell as one portfolio.
Multi-familyProperty Type
1986Year Built
$61Price/Sq.Ft.
1 car garageParking
Listed by CHRISTOPHER CALABUCCI• WATSON REALTY CORPORATION ORMOND BEACH
Bought with DJ & Lindsey DellaSala DELLA SALA• DJ & LINDSEY REAL ESTATE
St. Augustine and St. Johns County Board of REALTORS® #180486
Jul 13, 2018
Sold
$182,000
$15/sq ft
Jun 1, 2018
Delisted
—
May 23, 2018
Listed
$839,000
$69/sq ft
Sold comp stat purposes only
Daytona MLS #1043170
Jul 20, 2018
Sold
$182,000
$15/sq ft
Jun 1, 2018
Contingent
—
May 24, 2018
Price Changed
$744,000
$61/sq ft
May 16, 2018
Listed
$899,000
$74/sq ft
May 15, 2018
Price Changed
$839,000
$69/sq ft
+3
Being sold as a portfolio of properties. The portfolio consists of (16) units in (5) buildings located at (3) separate locations in Jacksonville, FL. This portfolio is a turn key operation that is 100% occupied and yielding over a 9% cap rate. Rents are currently below market and could be increased to maximize cash flow. All units are separately metered, have central heat/ac, and have undergone extensive renovations. The portfolio has very low turnover and the average tenant across all (16) units has been in place for over two years. Portfolio will not be divided. Must sell as one portfolio.
Public Records
Aug 1, 2012
Sold
$80,000
$7/sq ft
realMLS #620688
Aug 2, 2012
Listing Removed
—
Jul 20, 2012
Sold
$81,000
$7/sq ft
May 3, 2012
Listed
$86,000
$7/sq ft
Public Records
May 17, 2012
Sold
$23,000
$2/sq ft
Public Records
Nov 1, 1986
Sold
$113,300
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,534 (+16.8%)
$25,245 + $206,978
$232,223
2024
$4,739 (+1.7%)
$25,245 + $206,978
$232,223
2023
$4,658 (+15.4%)
2022
$4,037 (+11.0%)
$11,934 + $182,574
$194,508
2021
$3,638 (+2.2%)
$11,475 + $154,995
$166,470
2020
$3,560 (+1.7%)
$11,475 + $149,559
$161,034
2019
$3,502 (+27.0%)
$13,770 + $141,695
$155,465
2018
$2,758 (+6.4%)
$13,770 + $132,479
$146,249
2017
$2,591 (−13.5%)
$9,180 + $122,434
$131,614
2016
$2,995 (+3.0%)
$9,180 + $122,434
$131,614
2015
$2,909 (−0.4%)
$11,934 + $110,383
$122,317
2014
$2,921
Tax history for 3989 Leonnie Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,534 (+16.8%)
$25,245 + $206,978
$232,223
2024
$4,739 (+1.7%)
$25,245 + $206,978
$232,223
2023
$4,658 (+15.4%)
2022
$4,037 (+11.0%)
$11,934 + $182,574
$194,508
2021
$3,638 (+2.2%)
$11,475 + $154,995
$166,470
2020
$3,560 (+1.7%)
$11,475 + $149,559
$161,034
2019
$3,502 (+27.0%)
$13,770 + $141,695
$155,465
2018
$2,758 (+6.4%)
$13,770 + $132,479
$146,249
2017
$2,591 (−13.5%)
$9,180 + $122,434
$131,614
2016
$2,995 (+3.0%)
$9,180 + $122,434
$131,614
2015
$2,909 (−0.4%)
$11,934 + $110,383
$122,317
2014
$2,921
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
8
Baths
4
Stories
1
Lot width
85 ft.
Lot depth
173 ft.
Lot size
0.32 Acres
Year renovated
1986
Sq. Ft.
3,360
Year built
1986
Style
Multi-Family (5+ Unit)
County
Duval County
APN
0298650180R
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
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
Feb 8, 2006 • Final
Mechanical
HVAC
Sep 9, 2004 • Final
Roofing
Roofing
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.
Property details
Parking
Parking Information
Parking Features: Assigned
Garage Spaces: 1
Interior
Interior Features
Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Flooring: Tile, Wood
Bedroom Information
# of Bedrooms: 32
Bathroom Information
# of Full Bathrooms: 16
Unit Information
Number Of Units Total: 16
Unfurnished
Exterior
Pool Features
Private YN: No
Pool Features: None
Exterior Features
SecurityFeatures: Smoke Detector(s)
Roof: Shingle, Other
Building Information
Stories Total: 2
Construction Materials: Concrete, Frame, Wood Siding
Property Information
Property Sub Type: Duplex
Lot Information
Road Surface Type: Asphalt
Financial
Financial Information
Owner Pays: Pest Control
Buyer Financing: Conventional
Utilities
Heating & Cooling
Has Heating
Cooling: Central Air, Electric
Has Cooling
Heating: Central, Electric
Utility Information
Sewer: Public Sewer
Utilities: Cable Connected
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,360
Stories: 1.0
Lot Size: 0.32 acres
Style: Multi-Family (5+ Unit)
Year Built: 1986
Year Renovated: 1986
County: Duval County
APN: 0298650180R
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Sallye B. Mathis Elementary School
Public PreK-5 • Assigned • 0.5mi
3/10
Jean Ribault Middle School
Public 6-8 • Assigned • 0.4mi
3/10
Jean Ribault High School
Public 9-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
9/10 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 • 32208
Average low and high temperatures (°F)
63
41
71
49
77
55
82
63
87
70
91
74
93
77
89
76
86
71
80
64
76
56
67
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 5.9 hours in December, placing it above the
U.S. average for solar exposure.