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.
St. Augustine and St. Johns County Board of REALTORS® #180492
Jul 13, 2018
Sold
$182,000
$54/sq ft
Jun 23, 2018
Delisted
—
May 23, 2018
Listed
$839,000
$250/sq ft
Daytona MLS #1043174
Jul 20, 2018
Sold
$182,000
$54/sq ft
Jun 1, 2018
Contingent
—
May 24, 2018
Price Changed
$744,000
$221/sq ft
May 16, 2018
Listed
$899,000
$268/sq ft
May 15, 2018
Price Changed
$839,000
$250/sq ft
Public Records
Sep 18, 2012
Sold
$76,000
$23/sq ft
realMLS #485721
Aug 27, 2010
Listing Removed
—
Dec 25, 2009
Sold
$55,000
$16/sq ft
May 25, 2009
Listed
$59,000
$18/sq ft
Public Records
Dec 1, 2009
Sold
$55,000
$16/sq ft
realMLS #472456
May 17, 2009
Listing Removed
—
Feb 17, 2009
Listed
$225,000
$67/sq ft
Public Records
Aug 26, 2004
Sold
$190,000
$57/sq ft
realMLS #129896
Mar 8, 2002
Sold
$35,000
$10/sq ft
Feb 1, 2002
Listed
$39,900
$12/sq ft
Public Records
Nov 2, 1998
Sold
$70,000
$21/sq ft
Public Records
Nov 2, 1998
Sold
$120,000
$36/sq ft
Public Records
Jul 19, 1993
Sold
$58,000
$17/sq ft
Public Records
Dec 1, 1985
Sold
$130,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,689 (+16.2%)
$33,990 + $206,978
$240,968
2024
$4,895 (+3.0%)
$33,990 + $206,978
$240,968
2023
$4,751 (+15.7%)
2022
$4,108 (+10.8%)
$16,068 + $182,574
$198,642
2021
$3,708 (+2.1%)
$15,450 + $154,995
$170,445
2020
$3,630 (+1.2%)
$15,450 + $149,559
$165,009
2019
$3,587 (+26.0%)
$18,540 + $141,695
$160,235
2018
$2,846 (+6.8%)
$18,540 + $132,479
$151,019
2017
$2,665 (−13.2%)
$12,360 + $122,434
$134,794
2016
$3,072 (+2.8%)
$12,360 + $122,434
$134,794
2015
$2,987 (+0.2%)
$16,068 + $110,383
$126,451
2014
$2,981
Tax history for 3997 Leonnie Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,689 (+16.2%)
$33,990 + $206,978
$240,968
2024
$4,895 (+3.0%)
$33,990 + $206,978
$240,968
2023
$4,751 (+15.7%)
2022
$4,108 (+10.8%)
$16,068 + $182,574
$198,642
2021
$3,708 (+2.1%)
$15,450 + $154,995
$170,445
2020
$3,630 (+1.2%)
$15,450 + $149,559
$165,009
2019
$3,587 (+26.0%)
$18,540 + $141,695
$160,235
2018
$2,846 (+6.8%)
$18,540 + $132,479
$151,019
2017
$2,665 (−13.2%)
$12,360 + $122,434
$134,794
2016
$3,072 (+2.8%)
$12,360 + $122,434
$134,794
2015
$2,987 (+0.2%)
$16,068 + $110,383
$126,451
2014
$2,981
*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
120 ft.
Lot depth
150 ft.
Lot size
0.4 Acres
Year renovated
1986
Sq. Ft.
3,360
Year built
1986
Style
Multi-Family (5+ Unit)
County
Duval County
APN
0298650170R
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 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
Mar 22, 2002 • Final
Electrical
Perform a safety inspection and obtain zoning approval.
Electrical
Nov 19, 1999 • Final
Electrical
Electrical
Electric meter
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/Garage Information
Parking Features: Parking Lot
Interior
Bathroom Information
# of Full Bathrooms: 4
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central, Electric
Interior Features
Appliances: Refrigerator, Electric Range
Exterior
Exterior Features
Roof: Shingle
Building Information
Construction Materials: Frame, Other
Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Raw Mls Property Sub Type: Quadruplex
Current Use: Multi-Family
Lot Information
Lot Features: Corner Lot
Lot Size Dimensions: 18000
Financial
Tax Information
Tax Annual Amount: $1,531.94
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Location Information
Directions: North on Moncrief Road W to Leonnie Road
Subdivision Name: Not IN Subdivision
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,360
Stories: 1.0
Lot Size: 0.4 acres
Style: Multi-Family (5+ Unit)
Year Built: 1986
Year Renovated: 1986
County: Duval County
APN: 0298650170R
Home facts updated by county records on Oct 12, 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.