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

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$900,000

1731 FLAGLER Avenue, Jacksonville, FL 32207

Shadyside

Price
$900,000
Beds / Baths
5 / 5
Living area
3,677 sqft
Year built
1948
Type
MultiFamily
Lot
0.2 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Duval
Days on market
78

Rare opportunity to get instant scale in historic San Marco. 1731 Flagler & 1037 Riviera is a ten-unit, two property multifamily portfolio in the heart of San Marco, one of Jacksonville's most established and walkable historic neighborhoods. A true A+ location that sits minutes from San Marco Square, downtown Jacksonville and the Gateway Jax redevelopment, the Baptist Health medical campus, and the city's major sports and entertainment venues. Each property pairs a four-unit main building with a detached apartment over five covered parking spaces each. 1731 Flagler Avenue consists of five one-bedroom units, while 1037 Riviera Street consists of four one-bedroom units and one two-bedroom unit. Ownership has recently completed substantial CAPEX projects across both properties, including electrical, plumbing, sewer, and moisture control upgrades.

What to check on this one

  • Verify actual flood zone designation via FEMA map; obtain elevation certificates if in AE/VE
  • Request 4-point inspection report given 1948 construction; confirm roof age and insurance eligibility
  • Obtain full current rent rolls, lease terms, and tenant payment history for all 10 units
  • Review documentation of electrical, plumbing, sewer, moisture control work; get contractor warranties
  • Confirm septic vs. municipal sewer connection; request service records if applicable
  • Pull title report and verify both properties are separately deeded or assess transfer/financing impact

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$4,670/mo
Property tax (1.1% eff., Duval Co.)$825/mo
Homeowners insurance (est.)$525/mo
All-in monthly (est.)$6,020/mo

Loan $720,000 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 MCADOO MULTIFAMILY ADVISORS LLC. Data via realMLS (Northeast Florida MLS), updated Jul 16, 2026, 1:48 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.