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

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$690,000

3264 ST AUGUSTINE Road, Jacksonville, FL 32207

Section Land

Price
$690,000
Beds / Baths
6 / 6
Living area
3,472 sqft
Year built
1961
Type
MultiFamily
Lot
0.4 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Duval
Days on market
89

Investment opportunity just minutes from San Marco Square! Located less than a mile from one of Jax's most vibrant dining, shopping, & entertainment districts, this well-maintained six-unit multifamily property offers strong income potential in a highly desirable rental market. The property features six 1-bedr, 1-bath apartments, wi/ 5 of the 6 units thoughtfully updated to include stainless steel appliances, granite countertops, upgraded bathroom finishes, fresh interior & exterior paint, & durable tile & luxury vinyl plank flooring throughout. Each unit includes separate water & electric meters, helping minimize owner expenses, plus two dedicated parking spaces per residence. Situated in a private, quiet setting, the property benefits from a stable tenant base, including two long-term residents. Whether you're looking to expand your portfolio, complete a 1031 exchange, or invest in Jacksonville's growing urban core, this turnkey multifamily asset offers an excellent combination of location, condition, & income-producing potential.

What to check on this one

  • Verify actual flood zone designation—listing shows 'unknown'; pull FEMA flood map and elevation certificate if AE/VE.
  • Confirm roof age and condition; 1961 build means potential insurance/replacement cost issues.
  • Review current rent rolls, leases, and tenant payment history for all six units.
  • Inspect the one un-renovated unit thoroughly; compare condition and identify renovation scope/cost.
  • Verify separate water/electric meter functionality and recent utility billing by unit.
  • Order Phase I environmental assessment given age and urban location.

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$3,580/mo
Property tax (1.1% eff., Duval Co.)$633/mo
Homeowners insurance (est.)$403/mo
All-in monthly (est.)$4,616/mo

Loan $552,000 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 ROUND TABLE REALTY. Data via realMLS (Northeast Florida MLS), updated Aug 18, 2026, 12:29 AM.

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