$499,000
5419 WOODCREST Road, Jacksonville, FL 32205, Jacksonville, FL 32205
Lakeshore
- Price
- $499,000
- Beds / Baths
- 8 / 5
- Living area
- 3,848 sqft
- Year built
- 1950
- Type
- MultiFamily
- Lot
- 0.5 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 787
This Historic property was home to the Van Zant family, founders of the rock bands Lynyrd Skynyrd, and .38 Special. It is recognized as an historical site by the State of Florida, complete with historic marker. This fourplex building is operated as short term rentals, with guests coming from all over the world! Tremendous cash flows make this a profitable investment from day one. New owner can continue to operate as is (seller will assist in transition), or come live in one unit and manage the rest and live off the income. All units come fully furnished and everything conveys, including branded website, operating systems, and coin operated washer/dryer for even more income!
What to check on this one
- Verify flood zone designation and elevation certificate requirements with FEMA flood map.
- Obtain roof inspection report—1950 build likely nearing insurance limits; check carrier approval.
- Review 4-point inspection (roof, HVAC, plumbing, electrical) for insurer underwriting.
- Confirm short-term rental (STR) license status, City of Jacksonville compliance, and zoning legality.
- Audit last 24 months P&L, guest contracts, occupancy rates, and operational expense breakdown.
- Inspect foundation, exterior masonry, and structural integrity on 76-year-old building; hire engineer if needed.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $399,200 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of BLUE HORIZON REAL ESTATE LLC. Data via realMLS (Northeast Florida MLS), updated Aug 10, 2026, 9:04 PM.
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