115 2nd Street, Jacksonville, FL 32206

Jacksonville
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
115 2nd Street,Jacksonville, FL 32206
$1,750,000
  • 6 Beds
  • 11 Baths
  • 6,560 sq. ft.
  • Multi-family
  • Active
Listed by: thomas love
Office: belle epoque realty services llc.
MLS#:2128600
Source:JV

Price summary

  • Price:$1,750,000
  • Price per sq. ft.:$266.77

About this home

A rare chance to acquire an irreplaceable 5-unit executive housing asset in the heart of Historic Springfield. Stabilized or repositioned, the numbers work either way. The building delivers four oversized 1BR/1.5BA residences (~1,100 SF each) and a true 2,288 SF penthouse occupying the entire third floor with 2 bedrooms, 2.5 baths, and sweeping views of Klutho Park and the downtown Jacksonville skyline. All five units feature in-unit laundry, which is a meaningful competitive advantage in this submarket. Pro forma gross income of $192,000 annually supports a projected ~8% cap rate at the asking price, based on executive lease rates of $2,750/month for the flats and $5,000/month for the penthouse. Current rents reflect an owner-occupied and partially furnished operation; two furnished units and the penthouse offer immediate repositioning upside. Delivery terms are negotiable. The rear yard amenity package, outdoor tiki bar, hot tub, sauna, and courtyard gathering space, creates a...

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Home facts

  • Year built:1906
  • Listing ID #:2128600
  • Added:99 day(s) ago
  • Updated:May 15, 2026 at 02:09 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:11
  • Full bathrooms:6
  • Half bathrooms:5
  • Flooring:laminate, wood
  • Living area:6,560 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1906
  • Building area:6,560 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Historic Area
  • Construction Materials:Brick
  • Exterior Features:Balcony
  • Levels:3 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,750,000
  • Price per sq. ft.:$266.77
  • Tax amount:$14,968 (2025)

Parking

  • Parking description:On Street
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