Refine Search
Map
Sort by
$339,000
9 Beds ⋅ 8 Baths ⋅ 2153889 MLS
CASH-ONLY Investment Opportunity in Green Cove Springs! This unique income-producing property sits on 2.61 acres and includes three mobile homes plus one single-family home, offering multiple income streams in one property. With four units, this is a great opportunity for investors looking for strong cash flow and long-term investment potential. Want to live on the property while generating rental income? Occupy one home and rent out the other three, creating an excellent house-hacking opportunity and a way to help offset your housing costs. The property has the potential to generate approximately $4,800+ in gross monthly rental income, based on estimated market rents of around $1,200 per unit. The spacious 2.61-acre lot offers privacy, room to spread out, and additional potential for the right buyer. Whether you're looking to expand your rental portfolio, generate multiple income streams, or live in one unit while renting the others, this property is an opportunity worth exploring. CASH ONLY -- no seller financing or creative financing. Buyer to perform their own due diligence regarding zoning, permits, rental income, property condition, and future use.

5230 County Road 209 S, Green Cove Springs
$3,200,000
30 Baths ⋅ 2125520 MLS
Investment Opportunity - Newer Construction Multifamily in Growth Corridor 806 Oak St presents a rare opportunity to acquire a modern, income-producing multifamily asset in the heart of Green Cove Springs, FL. Built in 2021, this well-designed apartment complex consists of 17 total units with a strong and diverse unit mix: Four (4) 3BR / 2BA units Nine (9) 2BR + office / 2BA units Four (4) 2BR / 1BA units The property was constructed with a focus on energy efficiency, including foam insulation in the attic, helping reduce operating costs while enhancing tenant comfort. The site is approved for eight (8) single-car garages, offering a clear path for additional income upside through future development. An appraisal is on file, providing added confidence for investors and lenders. Strategically located, the property benefits from significant area growth, with over 10,000 new homes approved within a 2-mile radius and a new outbeltway expressway extension nearby, improving regional access and long-term demand. Green Cove Springs is a historic and desirable riverfront community, often referred to as the 19th-century "Saratoga of the South." Known for its natural warm mineral springs, St. Johns River access, parks, and small-town charm, the area offers a unique lifestyle with easy connectivity to Jacksonvillemaking it attractive to both long-term residents and commuters. At full occupancy, the property offers a projected gross income of approximately $340,000, with further upside through garage rentals and continued market rent growth. Ideal for investors seeking newer construction, stable cash flow, and long-term appreciation in a rapidly growing North Florida submarket.

806 Oak Street, Green Cove Springs
© 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved. This data is up-to-date as of . For the most current information, contact Gail DeMarco.