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212 Oak St - Oak street triplex 2,700 SF Specialty Building Offered at $1,690,000 at a 8.58% Cap Rate in Neptune Beach, FL 32266

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Investment Highlights

  • 2 different building, one is a duplex the other is a single family detached house
  • large lot
  • great rental income, walkability to the popular downtown atlantic beach area

Executive Summary

Exceptional, fully renovated two-building triplex in one of the most desirable pockets of Neptune Beach. Just five houses from the beach and only five blocks south of the Atlantic Beach Town Center, this property offers the ultimate coastal lifestyle with unbeatable walkability to the area's best dining, shopping, and entertainment. The front building features a renovated duplex, while the rear offers a separate, stand-alone two-story home, providing flexibility for investors, owner-occupants, or multi-generational living. All units have been thoughtfully updated, making this a true turnkey, income-producing property in a location where demand remains consistently strong. With its prime proximity to the ocean, town center, and everyday conveniences, this property stands out as a rare opportunity to own a high-performing rental asset in one of the most sought-after beach communities. Ideal for long-term rentals, short-term opportunities or a live-in investment strategy.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $175,000 $64.81
Other Income - -
Vacancy Loss - -
Effective Gross Income $175,000 $64.81
Taxes $12,000 $4.44
Operating Expenses $17,000 $6.30
Total Expenses $29,000 $10.74
Net Operating Income $146,000 $54.07

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $175,000
Annual Per SF $64.81
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $175,000
Annual Per SF $64.81
Taxes
Annual $12,000
Annual Per SF $4.44
Operating Expenses
Annual $17,000
Annual Per SF $6.30
Total Expenses
Annual $29,000
Annual Per SF $10.74
Net Operating Income
Annual $146,000
Annual Per SF $54.07

Property Facts

Price $1,690,000
Price Per SF $625.93
Sale Type Investment
Cap Rate 8.58%
Sale Condition REO Sale
Gross Rent Multiplier 9.6
Property Type Specialty
Property Subtype Residential Income
Building Class B
Building Size 2,700 SF
No. Stories 2
Year Built/Renovated 1937/2020
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
172620-0000
Land Assessment
$514,500 (2026)
Improvements Assessment
$237,467 (2026)
Total Assessment
$751,967 (2026)
Annual Taxes
$12,000 ($4.44/SF)
Tax Year
2025
  • Listing ID: 39404181

  • Date on Market: 2/11/2026

  • Last Updated:

  • Address: 212 Oak St, Neptune Beach, FL 32266

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