$1,999,000
2761 ST JOHNS Avenue, Jacksonville, FL 32205, Jacksonville, FL 32205
Riverside
- Price
- $1,999,000
- Beds / Baths
- 12 / 12
- Living area
- 9,968 sqft
- Year built
- 1952
- Type
- MultiFamily
- Lot
- 0.32 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 144
*****PRICE REDUCED***** Introducing River Breeze Apartments situated in the sought-after Riverside Historic District in Jacksonville, FL. This exceptional 12-unit apartment community offers oversized 800+ SF one-bedroom units with in-unit washer/dryer and central HVAC. The property's prime location provides a Walk Score of 89/100, allowing residents easy access to dining, retail, and entertainment options in the surrounding area, including proximity to major employment centers like Ascension St. Vincent's Riverside hospital. Investors have a compelling value-add opportunity to renovate 11 of the 12 units with modern premium finishes, unlocking significant rental upside while benefiting from the enduring appeal of the historic district. With limited supply in this prestigious neighborhood, River Breeze Apartments offers a rare chance to acquire a well-located asset in one of Jacksonville's premier locations.
What to check on this one
- Verify actual flood zone (FEMA map) — unknown status delays insurance underwriting
- Order Phase I environmental report — 1952 build may have soil/remediation issues
- Confirm roof age and condition; get insurance binder estimate for 12-unit portfolio
- Inspect plumbing era (cast-iron/galvanized pre-1975?) — renovation scope impacts proforma
- Pull last 3 yrs rent roll, vacancy rates, utility costs per unit
- Review foundation, HVAC systems, electrical panel capacity for proposed renovations
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 $1,599,200 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 MCADOO MULTIFAMILY ADVISORS LLC. Data via realMLS (Northeast Florida MLS), updated Jun 15, 2026, 6:16 PM.
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