$2,500,000
111 CHERRY Street, Neptune Beach, FL 32266
Neptune Beach
- Price
- $2,500,000
- Beds / Baths
- 5 / 5
- Living area
- 2,984 sqft
- Year built
- 2012
- Type
- Residential
- Lot
- 0.1 ac
- Garage
- 2
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 501
- Elementary
- Neptune Beach
- Middle
- Duncan Fletcher
- High school
- Duncan Fletcher
$838/sqft asking, vs a $414/sqft median across 145 closed sales in 32266 over the last 12 months — 102% above the area's closed prices. Condition and lot vary; that's what a showing is for.
This rare Neptune Beach custom built 5BR/5BA ocean-view home is just steps from the sand, with rooftop spa, flexible multi-generational layout, and no flood insurance required. This beach home offers 3BR/3BA, kitchen, living room & laundry on the ground level (fully self-contained!) plus 2BR/2BA upstairs. Enjoy ocean breezes and views from the screened patio and rooftop deck with jacuzzi. This is an ideal layout for guests, extended family, dual-primary living, a private work-from-home space, or live upstairs & rent out downstairs! Features include concrete block first floor, poured concrete second-floor system for reduced sound transfer, brand new 2nd floor HVAC, 1st floor HVAC just 2 years old, central vacuum, gas cooktop, dual tankless water heaters, outdoor shower, 2-car garage, and hardwood & tile flooring. Live the beach life and enjoy the Town Center dining & nightlife. A true gem in one of Neptune Beach's most desirable locations.
What to check on this one
- Verify flood zone designation and elevation certificate—listing claims no flood insurance required.
- Confirm roof age and get 4-point inspection; home is 14 years old and insurable.
- Review both HVAC units (2nd floor new, 1st floor 2 years old) with maintenance records.
- Inspect dual tankless water heaters for age, warranties, and service history.
- Verify concrete block/poured concrete construction details with structural engineer if needed.
- Check plumbing materials (avoid polybutylene); confirm gas line safety and appliance permits.
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 $2,000,000 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 SELECT REALTY LLC. Data via realMLS (Northeast Florida MLS), updated Aug 11, 2026, 10:46 PM.
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