$1,250,000
317 MAGNOLIA Street, Neptune Beach, FL 32266, Neptune Beach, FL 32266
Neptune Beach
- Price
- $1,250,000
- Beds / Baths
- 5 / 5
- Living area
- 2,334 sqft
- Year built
- 1980
- Type
- Residential
- Lot
- 0.13 ac
- Garage
- 1
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 103
- Elementary
- Neptune Beach
- Middle
- Fletcher Jr High
- High school
- Duncan Fletcher
$536/sqft asking, vs a $414/sqft median across 145 closed sales in 32266 over the last 12 months — 29% above the area's closed prices. Condition and lot vary; that's what a showing is for.
REDUCED $150k! This RARE Neptune Beach Home with a DETACHED GUEST HOUSE is east of 3rd Street, 3 blocks to the ocean, across from Jarboe Park and only 8 blocks to the Beaches Town Center. This beautifully updated 3BR/2.5BA main home includes a 2BR/2BA detached, 2-story, 958 sf, ADU with its own private entrance, separate address (319 Magnolia), separate meters, and all major appliances. Perfect for multigenerational living, extended family, home office, or rental income. The ADU is currently a successful 28-day minimum Airbnb generating approx 3k/mo. NO FLOOD ZONE, NO HOA. Updates include but not limited to - NEW roof and gutters for both houses in 2024. Main House HVAC in 2023. Guest House HVAC in 2024. Main House downstairs tile floors and paint in 2026. Main House wood floors installed in 2010. A fully fenced yard. An extra-wide driveway offers plenty of room for additional parking. Everyone agrees that it's ADORABLE and so QUIET inside! This is one you must see in person!
What to check on this one
- Verify 2024 roof installation date and warranty documentation for both structures.
- Confirm separate addresses, utility meters, and ADU rental eligibility with city.
- Pull flood zone designation from FEMA map; verify NO FLOOD ZONE claim in writing.
- Review current Airbnb lease terms, guest house deed restrictions, and 28-day minimum enforceability.
- Inspect 2023/2024 HVAC paperwork; confirm coverage and remaining manufacturer warranty.
- Verify no HOA/CDD restrictions on short-term rental or ADU use; get in writing.
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 $1,000,000 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 BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY. Data via realMLS (Northeast Florida MLS), updated Aug 31, 2026, 8:32 PM.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.