This home is in Jacksonville Beach.
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Sold·Closed May 27, 2026·149 days on market·Recent sales in Jacksonville Beach
123 18th Avenue N
Jacksonville Beach, FL 32250
About this home
Jacksonville Beach
Fully occupied 5-unit multifamily investment just one block from the beach at 123 18th Ave N in Jacksonville Beach. This stabilized coastal asset generates $12,095 per month in gross rental income with all units currently leased. The property features an attractive unit mix consisting of one 4BR/3BA unit, one 2BR/2BA unit, and three 1BR/1BA units, appealing to a broad tenant base and supporting strong rental demand. Prime walkable location near the ocean, dining, shopping, and entertainment in one of Northeast Florida's most desirable beach communities. Limited multifamily supply near the beach enhances long-term appreciation potential. Ideal for investors seeking immediate cash flow with future upside in a premier Jacksonville Beach location.
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Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
- • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
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Cost to own
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Around this address
Nearby, from public data
The closest public beach, park, water access and league fields from this home's location.
Closest beach access
19th Ave Nabout 0.1 mi · 15 parking spaces
Closest park or preserve
Dutton Island Preserveabout 3 mi · 1.2 mi of trails
Closest public boat ramp
Oak Harbor Boat Ramp (Restricted to shallow draft boats)about 4 mi · Atlantic ICW (Duval County)
Closest kayak & paddleboard launch
Huguenot Park Fish Management Area Hand Launchabout 2 mi · Huguenot Lagoon
Closest youth league fields
Fletcher High School Poolabout 0.6 mi · Baseball, Basketball, Football, Soccer, Volleyball, Lacrosse, Swimming
Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.
Cost to own
Taxes & assessment
2025 property taxes (current owner): $16,968/yr
Estimated taxes if purchased at asking price: ~$27,400/yr
Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 3,305 current Duval listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll, NEFMLS.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $339/sq ft; this home is listed at $356/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 115 18th Avenue, Jacksonville Beach, FL 32250Listed by COMPASS FLORIDA LLC | Apr 2026 | $1,300,000 | $339 | 12/6 | 3,840 | 0 | 0 |
| 150 13th Avenue N, Jacksonville Beach, FL 32250Listed by RIVER CITY REALTY | Oct 2025 | $2,350,000 | $508 | 8/6 | 4,624 | 7 | 0.4 |
| 408 13th Avenue N A, Jacksonville Beach, FL 32250Listed by NON MLS (realMLS) | Aug 2025 | $1,130,000 | $314 | 8/0 | 3,600 | 0 | 0.4 |
| 822 1st Street 822-824, Neptune Beach, FL 32266Listed by KST GROUP LLC | Mar 2026 | $1,950,000 | $497 | 7/5 | 3,920 | 53 | 0.8 |
| 1700 Main Street, Atlantic Beach, FL 32233Listed by NOMAD REALTY | May 2025 | $1,459,500 | $324 | 12/6 | 4,500 | 98 | 2.9 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: KST GROUP LLC
Sold by: COMPASS FLORIDA LLC (buyer's brokerage)
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on May 27, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
Is this home priced right?
Ask Krista and she'll email you her read on how this price compares with recent sales nearby.
Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines