This home is in Bowes Oceanview, Neptune Beach.
Sold·Closed Jul 23, 2026·88 days on market·Recent sales in Bowes Oceanview·Bowes Oceanview
123 Margaret Street
Neptune Beach, FL 32266
3 more homes for sale in Bowes Oceanview →Search Bowes Oceanview on the map
About this home
Bowes Oceanview
Rare opportunity to own a triplex in the heart of Neptune Beach just blocks from the ocean! This income-producing property offers three units, making it ideal for investors, house hackers, or those looking for a coastal lifestyle with rental income. Located in one of Northeast Florida's most desirable beach communities, the property is within walking or biking distance to the beach, local restaurants, shops, and parks. Strong rental demand and limited multifamily inventory in Neptune Beach make this a prime long-term investment. Easy access to JTB provides a quick commute to Jacksonville. Whether you're looking to expand your portfolio or live near the beach while generating income, this property offers exceptional potential.
Next steps in Bowes Oceanview
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).
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
Storms & insurance
Florida Reality Check
The storm-and-insurance facts every Florida buyer should know up front.
Zone X — minimal flood hazard
Flood insurance is typically not required by lenders (always optional).
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Hurricane evacuation zone A
Zone A evacuates first in a storm — typically coastal and surge-prone areas.
Roof: material not specified — year not disclosed (home built 1949)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer · FL0020407 - City of Neptune Beach · Public water (record)
County records show this parcel on central sewer served by FL0020407 - City of Neptune Beach — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,807 usable sun-hours per year
A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeAs of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $1,394,666 | $1,240,379 | — |
| 2024 | $1,397,444 | $1,127,618 | — |
| 2023 | $1,025,108 | $1,025,108 | — |
| 2022 | $930,627 | $591,958 | — |
| 2021 | $538,144 | $538,144 | — |
| 2020 | $730,959 | $730,959 | — |
2025 property taxes (current owner): $23,077/yr
Estimated taxes if purchased at asking price: ~$25,300/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 (2025), NEFMLS.
History
Price & status history
- Jul 24, 2026Closed$1,550,000
- Mar 20, 2026Listed$1,550,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
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 $483/sq ft; this home is listed at $547/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 230 Margaret Street, Neptune Beach, FL 32266Listed by KST GROUP LLC | Sep 2026 | $1,200,000 | $588 | 4/4 | 2,040 | 50 | 0.1 |
| 218 19th Avenue N 1-4, Jacksonville Beach, FL 32250Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | Aug 2026 | $1,460,000 | $483 | 7/4 | 3,024 | 86 | 0.2 |
| 208 12th Avenue N, Jacksonville Beach, FL 32250Listed by REAL BROKER LLC | Jul 2025 | $980,000 | $333 | 8/4 | 2,946 | 38 | 0.6 |
| 620 1st Street, Jacksonville Beach, FL 32250Listed by WHOLESALE REALTY LLC | Sep 2026 | $1,025,000 | $488 | 5/4 | 2,100 | 10 | 1.9 |
| 722 Oceanfront S, Jacksonville Beach, FL 32250Listed by CORE REALTY, LLC | Jun 2026 | $875,500 | $337 | 5/4.5 | 2,595 | 429 | 1.9 |
| 725 7th Avenue S, Jacksonville Beach, FL 32250Listed by UNITED REAL ESTATE GALLERY | Aug 2026 | $620,000 | $306 | 4/2 | 2,028 | 13 | 2 |
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: SPECTRUM REALTY SERVICES
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.
The neighborhood
About Bowes Oceanview
Bowes Oceanview is a neighborhood in Neptune Beach, FL (Duval County), ZIP 32266.
View all Bowes Oceanview homes for sale →Keep looking
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Under ContractIncome
124/126 Hopkins StreetNeptune Beach, FL 32266
4 bd · 4 ba · 2,728 sq ft
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For Sale1842 Strand StreetNeptune Beach, FL 32266
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$3,875,000Est. $20,624/moOceanfront living in Neptune Beach doesn't get much better than this. Offering what may be one of the best values…
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Jul 23, 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
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines