115 2ND Street, Jacksonville, FL 32206 (MLS# 2128600)

115 2ND Street, Jacksonville, FL 32206

$1,750,000
Property Type: Residential Income Bedrooms: 6 Baths: 11 Square Footage: 6,560 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $1,750,000 List Date: 2/05/2026 Last Modified: 4/23/2026

Overview

Description

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

Supplements: boutique, lifestyle-forward community that executive and corporate tenants cannot find elsewhere in Jacksonville at this price point. Built in 1906. Brick construction. HVAC is approximately 2 years old.

Listing Details MLS# 2128600

General Property Information

Number Of Units Total
5
Bedrooms Total
6
Bathrooms Total
11
Bathrooms Full
6
Bathrooms Half
5
Living Area
6560
Accessibility Features YN
No
New Construction YN
No
Year Built
1906
Garage YN
No
Carport YN
No
Lot Size Acres
0.15
CDD Fee YN
No
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Partially
Stories Total
3
Stories
3
Entry Level
Yes
Direction Faces
South
Senior Community YN
No
Directions
Main St North to left on 1st, right on Laura,left on 2nd. Building will be on the right
Public Remarks
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
List Price/SqFt
266.77

Property Features

Construction Materials: Brick Cooling: Central Air Current Use: Commercial; Multi-Family; Residential Exterior Features: Balcony; Courtyard; Fire Pit; Outdoor Kitchen Fencing: Back Yard; Privacy Flooring: Laminate; Wood Heating: Central Laundry Features: In Unit Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: Historic Area Parking Features: On Street Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Membrane; Shingle Sewer: Public Sewer Tenant Pays: All Utilities Utilities: Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date
2026-02-04
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
115
Street Name
2ND
Street Suffix
Street
County
Duval
State
FL
Postal Code
32206
Subdivision Name
Springfield
MLS Area Major
072-Springfield

Status Change Information

Major Change Timestamp
2026-02-05T00:36:29Z
Major Change Type
New Listing

Currently Not Used

Property Attached YN
No
yn11
No
Accessory Dwelling Unit Y/N
No

More Information

Unit 1 Details

Unit ID
Yes
Actual Rent
1400
Unit SqFt
1100
Full Baths Total
Yes
Half Baths Total
Yes
Furnished
Negotiable
Unit Remarks
1st floor

Unit 2 Details

Unit ID
2
Unit SqFt
1100
Full Baths Total
Yes
Half Baths Total
Yes
Furnished
Furnished
Unit Remarks
1st floor
Actual Rent
0

Unit 3 Details

Unit ID
3
Unit SqFt
1100
Full Baths Total
Yes
Half Baths Total
Yes
Furnished
Furnished
Unit Remarks
2nd floor
Actual Rent
0

Unit 4 Details

Unit ID
4
Actual Rent
1400
Unit SqFt
1100
Full Baths Total
Yes
Half Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
2nd floor

Unit 5 Details

Unit ID
5
Unit SqFt
2288
Full Baths Total
2
Half Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Owner occupied
Actual Rent
0

Location, Tax, and Legal

Country
US
Parcel Number
0708390000
Tax Annual Amount
14967.9
Tax Year
2025
Tax Legal Description
2-4 37-2S-26E .124 SPRINGFIELD W 43.5FT LOTS 13 14

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Current Use

Commercial
Yes
Multi-Family
Yes
Residential
Yes

Exterior Features

Balcony
Yes
Courtyard
Yes
Fire Pit
Yes
Outdoor Kitchen
Yes

Fencing

Back Yard
Yes
Privacy
Yes

Flooring

Laminate
Yes
Wood
Yes

Heating

Central
Yes

Laundry Features

In Unit
Yes

Levels

Three Or More
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Historic Area
Yes

Parking Features

On Street
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Membrane
Yes
Shingle
Yes

Sewer

Public Sewer
Yes

Tenant Pays

All Utilities
Yes

Utilities

Sewer Connected
Yes
Water Connected
Yes

View

City
Yes

Water Source

Public
Yes
Listing Office: BELLE EPOQUE REALTY SERVICES LLC
Source MLS Verified
Last Updated: April - 23 - 2026
Information deemed reliable but not guaranteed.