$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
- MultiFamily
- 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
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 separate legal address and meters for ADU (319 Magnolia) with county records.
- Confirm Airbnb rental history, lease terms, and short-term-rental eligibility with city.
- Review 2024 roof/gutter permits and inspections; confirm coverage by insurer.
- Obtain flood zone determination letter from FEMA or county (listing says 'unknown').
- Pull title for both structures; verify ADU is legally separate or accessory dwelling.
- Confirm 2023/2024 HVAC and 2026 flooring work permits and contractor warranties.
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, 8:33 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.