$340,000
5230 COUNTY ROAD 209 S, Green Cove Springs, FL 32043, Green Cove Springs, FL 32043
Halls Unrec
- Price
- $340,000
- Beds / Baths
- 9 / 8
- Living area
- 4,560 sqft
- Year built
- 1975
- Type
- MultiFamily
- Lot
- 2.61 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Clay
- Days on market
- 69
Exceptional Income-Producing Opportunity on 2.61 Acres in Green Cove Springs. This unique property features three mobile homes and one single-family home, making it an ideal choice for investors seeking immediate cash flow or owner-occupants aiming to offset their mortgage through house hacking. You can occupy one unit while earning rental income from the other three. With potential market rents estimated at around $1,200 per unit per month, this property offers a promising gross rental income of up to $4,800 per month. The expansive parcel adds privacy and value, offering future potential that is increasingly hard to find in today's market. Whether you're looking to expand your investment portfolio, create long-term passive income, or secure a multi-stream income property, this opportunity is not to be missed. Buyers are encouraged to conduct thorough due diligence on zoning, improvements, rental income, and future use.
What to check on this one
- Verify flood zone designation with FEMA flood map; request elevation certificate if in AE/VE zone.
- Confirm zoning allows four rental units; check Clay County zoning code for mobile home restrictions.
- Inspect all four units' plumbing (1975 build: cast-iron risk); get service records for septic system.
- Obtain roof age/condition report for each structure; confirm insurance availability for mobile homes.
- Request last three years' actual rental income, lease terms, tenant history, and vacancy rates.
- Verify mobile home titles, ownership, and any liens; confirm utilities are separately metered per unit.
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 $272,000 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 INTEGRITY KEY REALTY LLC. Data via realMLS (Northeast Florida MLS), updated Aug 28, 2026, 9:47 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.