$2,890,000
106 BAY Street, Neptune Beach, FL 32266, Neptune Beach, FL 32266
Neptune Beach
- Price
- $2,890,000
- Beds / Baths
- 8 / 5
- Living area
- 4,844 sqft
- Year built
- 1933
- Type
- Residential
- Lot
- 0.17 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 66
$597/sqft asking, vs a $414/sqft median across 145 closed sales in 32266 over the last 12 months — 44% above the area's closed prices. Condition and lot vary; that's what a showing is for.
Offered for the first time in generations, this rare four-plex plus mother-in-law suite presents an exceptional opportunity in the heart of Neptune Beach, just two parcels from the ocean. Enjoy sensational ocean views and a level of privacy rarely found this close to the beach. Long cherished as a private family retreat, the property features up to four units available for rental, offering outstanding income potential. Each residence features its own private entrance, dedicated outdoor living space, courtyards, and adjacent parking. Just steps from beach access and less than a mile from the historic Beaches Town Center, you'll enjoy effortless access to acclaimed restaurants, charming coffee shops, boutique shopping, and vibrant local entertainment. Neptune Beach is one of Northeast Florida's most sought-after coastal communities, celebrated for its laid-back charm, walkable neighborhoods, uncrowded beaches, and strong sense of community. Whether you're seeking a multi-generational family compound, a premier investment property, or the ultimate beach retreat, this is a once-in-a-generation opportunity to own an irreplaceable piece of one of Florida's most desirable seaside destinations.
What to check on this one
- Verify 1933 roof age, condition, and current insurance carrier acceptance.
- Obtain 4-point inspection and wind-mitigation report immediately.
- Confirm flood zone designation and obtain elevation certificate if AE/VE.
- Verify short-term rental permit status and local occupancy limits per unit.
- Review deed restrictions, easements, and multi-unit zoning compliance.
- Inspect plumbing era (polybutylene/cast-iron common in 1933 builds).
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 $2,312,000 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 DOUGLAS ELLIMAN FLORIDA. Data via realMLS (Northeast Florida MLS), updated Jul 16, 2026, 12:57 PM.
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