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1221 E 16TH Street, Jacksonville, FL 32206

$2,295,000
MLS# 2121938
2
Bedrooms
0
Bathrooms
48,736
Sq Ft
1912
Year Built

About This Home — 1221 E 16TH Street

The sale includes plans and entitlements to construct a new storage structure of approximately 120,000 sq.ft. and maximum height of 90ft on the east side of the site in addition to the existing 48,736 sq.ft. brick structure which has already been rezoned PUD. The PUD zoning allows for 144 multi family or condo units, hospitality, educational, medical and commercial. There is additional parking potential on the vacant lot on the corner of Franklin/17th for future ventures. •Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination. •Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence

Features

Price$2,295,000
Price / Sq Ft$47
Bedrooms2
Bathrooms0.00
Full Baths0
Square Footage48,736
Acres2.17 acres
Year Built1912
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Has PoolNo
Is WaterfrontNo

Community Information

Address1221 E 16TH Street, Jacksonville, FL 32206
Area076-Downtown Jacksonville-Eastside
SubdivisionEastside
CityJacksonville
CountyDuval
StateFL
Zip Code32206
Lot Size94,525.2 sq ft
Parcel Number1135670010
ZoningPUD

Amenities

UtilitiesOther
ParkingAdditional Parking

Interior

HeatingOther
CoolingOther

Exterior

Lot DescriptionCul-De-Sac

Additional Information

Date ListedDecember 18, 2025
Days on Market226
Tax Amount$18,771.27
Tax Year2025
Listing TermsCash, Private Financing Available
New ConstructionNo

Mortgage Calculator

$2,295,000
$459,000
Loan Term
Monthly Payment
$12,215
Principal & Interest: $12,215
Est. Taxes & Insurance: $3,054
Estimated Total Monthly
$15,269
*Estimates based on 30-year loan at 7% APR. Actual payments may vary.

Listing Courtesy of: MAXREV, LLC

Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).

Your Local Expert

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

Interested in this home? I know this area inside and out — let's talk about whether it's the right fit for you.

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20+ years · 500+ closings · NE Florida