51, 55, 59 E 32nd Street, Jacksonville, FL 32206
$1,050,000
Property Type:
Commercial Sale
Baths:
12
Square Footage:
6,888
Lot Size (sq. ft.):
22,651
Status:
Pending
Current Price:
$1,050,000
List Date:
4/10/2026
Last Modified:
4/10/2026
Description
High-yield, turn-key investment opportunity. Fully renovated, multi family zoned, operating as a 29-bedroom rent-by-room rental. Units are furnished.
Property underwent major 2023 renovations.
- 8-year-old roofs on all buildings
- All water heaters replaced in 2023
- New AC Units 59 & 51 2023 - Unit 55 replaced 2025
Annual rent estimated
Strong demand for affordable room rentals supports stable occupancy and future rental growth. Excellent opportunity for investors seeking immediate income and portfolio expansion. 2 buildings self-managed.
Large lots with room to expand / add income opportunity. (buyer to verify permitting/zoning) Balconies, porch, yard, parking available driveway and dead end street. 2x Washer /dryer per buidling+ all appliances provided. Granite counters, renovated kitchens and bath. roof 8 years old.
More Information MLS# 1074270
Location, Tax, and Legal
Tax Account: 133355-1000
Parcel Number: 133355-1000
Tax Annual Amount: 3713.08
Tax Year: 2025
Tax Legal Description: 6-25 55-2S-26E .199 OAK TERRACE LOT 10 BLK 2
Directions: Take I-95 North or South (depending on your starting point) toward downtown Jacksonville. Exit at MLK Jr. Parkway (US-1 N/US-23 N) - follow signs for MLK Parkway Northbound. Take the exit for Main Street (US-17 N). Turn left onto Main Street (if coming from south) or right (if coming from north). Turn right onto E 32nd Street - it's a small residential road just north of the intersect
General Property Information
Number Of Units Total: 6
Stories Total: 2
Building Area Total: 6888
Lot Size Acres: 0.52
Accessibility Features YN: No
Association YN: No
Water Body Access YN: No
List Price/SqFt: 152.44
Bathrooms Total: 12
Year Built: 1987
Remarks and Miscellaneous
Public Remarks: High-yield, turn-key investment opportunity. Fully renovated, multi family zoned, operating as a 29-bedroom rent-by-room rental. Units are furnished.
Property underwent major 2023 renovations.
- 8-year-old roofs on all buildings
- All water heaters replaced in 2023
- New AC Units 59 & 51 2023 - Unit 55 replaced 2025
Annual rent estimated
Strong demand for affordable room rentals supports stable occupancy and future rental growth. Excellent opportunity for investors seeking immediate income and portfolio expansion. 2 buildings self-managed.
Large lots with room to expand / add income opportunity. (buyer to verify permitting/zoning) Balconies, porch, yard, parking available driveway and dead end street. 2x Washer /dryer per buidling+ all appliances provided. Granite counters, renovated kitchens and bath. roof 8 years old.
Construction Materials
Block: 1
Frame: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Flooring
Vinyl: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Dead End Street: 1
Parking Features
Additional Parking: 1
On Street: 1
RV Access/Parking: 1
Shared Driveway: 1
Unassigned: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 76647.96
Road Frontage Type
City Street: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 33000
Unit SqFt: 1162
# Units (This Type): 6
Baths Total: 2
Furnished: Furnished
Unit Remarks: 5 rentable rooms
Unit 2 Details
Unit ID: 2
Annual Rent: 33000
Unit SqFt: 1190
# Units (This Type): 6
Baths Total: 2
Furnished: Furnished
Unit Remarks: 5 rentable rooms
Unit 3 Details
Unit ID: 3
Annual Rent: 33000
Unit SqFt: 1120
# Units (This Type): 6
Baths Total: 2
Furnished: Furnished
Unit Remarks: 5 rentable rooms
Unit 4 Details
Unit ID: 4
Annual Rent: 33000
Unit SqFt: 1148
# Units (This Type): 6
Baths Total: 2
Furnished: Furnished
Unit Remarks: 5 rentable rooms
Unit 5 Details
Unit ID: 5
Annual Rent: 33000
Unit SqFt: 1120
# Units (This Type): 6
Baths Total: 2
Furnished: Furnished
Unit Remarks: 5 rentable rooms
Unit 6 Details
Unit ID: 6
Annual Rent: 33000
Unit SqFt: 1148
# Units (This Type): 6
Baths Total: 2
Furnished: Furnished
Unit Remarks: 4 rentable rooms
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,050,000
Original List Price: 1050000
List Price: $1,050,000
Status: Pending
Listing Contract Date: 2026-03-02
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 51, 55, 59
Street Direction Prefix: E
Street Name: 32nd
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32206
MLS Area Major: 999 - Out of Area
Status Change Information
Major Change Timestamp: 2026-04-10T00:07:23Z
Major Change Type: Status Change
Status Change Timestamp: 2026-04-09
Purchase Contract Date: 2026-03-03
Property Features
Construction Materials: Block; Frame
Cooling: Central Air
Current Use: Multi-Family
Flooring: Vinyl
Heating: Central
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Dead End Street
Parking Features: Additional Parking; On Street; RV Access/Parking; Shared Driveway; Unassigned
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Shingle
Sale Includes: Building & Land
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office:
LoKation
Last Updated: April - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.