Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$1,350,000

230 MARGARET Street, Neptune Beach, FL 32266, Neptune Beach, FL 32266

Jax Beach Park

Price
$1,350,000
Beds / Baths
4 / 4
Living area
2,040 sqft
Year built
1977
Type
MultiFamily
Lot
0.14 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Duval
Days on market
50

Rare duplex opportunity east of Third Street in the heart of Neptune Beach. 230 Margaret Street features two spacious 2-bedroom, 2-bath units, each approximately 1,020 square feet, with strong rental potential in one of Northeast Florida's most desirable coastal markets. Constructed with durable concrete block construction, the property offers long-term durability and low-maintenance ownership. Each unit includes in-unit laundry, generous living space, and access to an oversized shared deck ideal for outdoor entertaining and beachside living. Additional features include off-street parking, a covered carport, and a roof replaced approximately three years ago. Ideally located just two blocks from the ocean with walkable access to dining, shopping, and entertainment, this property presents an exceptional opportunity for investors, owner-occupants, or those seeking a premier beachside asset.

What to check on this one

  • Verify exact flood zone designation and obtain elevation certificate for both units.
  • Confirm roof replacement date, materials, and remaining warranty coverage with roofer.
  • Request last 3 years rental income, lease terms, and tenant turnover for each unit.
  • Inspect plumbing for polybutylene or cast-iron—1977 build at risk; get service history.
  • Review concrete block condition, cracks, exterior sealing, and foundation inspection reports.
  • Confirm in-unit laundry hookup functionality and any shared utility arrangements between units.

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

Principal & interest$7,005/mo
Property tax (1.1% eff., Duval Co.)$1,238/mo
Homeowners insurance (est.)$788/mo
All-in monthly (est.)$9,031/mo

Loan $1,080,000 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 KST GROUP LLC. Data via realMLS (Northeast Florida MLS), updated Aug 3, 2026, 12:17 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.