1221 E 16TH Street, Jacksonville, FL 32206 (MLS# 2118290)

1221 E 16TH Street, Jacksonville, FL 32206

$2,295,000
Property Type: Commercial Sale Square Footage: 48,736 Lot Size (sq. ft.): 104,544 Status: Active
Current Price: $2,295,000 List Date: 11/17/2025 Last Modified: 12/18/2025

Overview

Description

The sale includes plans and entitlements to construct a new storage structure of approximately 120,000 sq.ft. and maximum height of 90ft on the east side of the site in addition to the existing 48,736 sq.ft. brick structure which has already been rezoned PUD. The PUD zoning allows for 144 multi family or condo units, hospitality, educational, medical and commercial. There is additional parking potential on the vacant lot on the corner of Franklin/17th for future ventures. •Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination. •Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence and luxury office

Supplements: space, Gateway project which spans an estimated 20 blocks and consists of multi-family, retail and additional mixed use, Laura Street Trio (consists of an Autograph Marriot and an upscale restaurant space), Mosh science museum, $1.3 billion renovations to the Jaguar Stadium and much more.

Listing Details MLS# 2118290

General Property Information

Building Area Total
48736
Year Built
1912
Lot Size Acres
2.4
Land Lease YN
No
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Directions
From MLK, south on Phoenix Ave, turn east on 17th, property is located on the corner of 17th and Franklin
Public Remarks
The sale includes plans and entitlements to construct a new storage structure of approximately 120,000 sq.ft. and maximum height of 90ft on the east side of the site in addition to the existing 48,736 sq.ft. brick structure which has already been rezoned PUD. The PUD zoning allows for 144 multi family or condo units, hospitality, educational, medical and commercial. There is additional parking potential on the vacant lot on the corner of Franklin/17th for future ventures. •Located just 2 miles from Jaguars Stadium, this site is strategically positioned in a booming development corridor, where over an estimated $4 billion in new projects are underway. Ideal for condos, a boutique hotel, medical, educational or commercial office space, this historic landmark presents a thrilling opportunity to create a dynamic, high-demand destination. •Projects underway in less than 2 miles away: The Shipyard development which includes a Four Seasons Hotel and Private Residence and luxury office
List Price/SqFt
47.09

Property Features

Lot Features: Dead End Street; Irregular Lot Parking Features: Additional Parking; Parking Lot; Secured Possession: Negotiable Sale Includes: Building & Land Water Source: Public

Contract Information

Listing Contract Date
2025-11-17
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
1221
Street Direction Prefix
E
Street Name
16TH
Street Suffix
Street
County
Duval
State
FL
Postal Code
32206
MLS Area Major
076-Downtown Jacksonville-Eastside

Status Change Information

Major Change Timestamp
2025-11-17T19:09:46Z
Major Change Type
New Listing

Location, Tax, and Legal

Country
US
Parcel Number
1135670010
Tax Annual Amount
18771.27
Tax Year
2025
Tax Legal Description
2-8 06-2S-27E 2.17 HARTRIDGES ADDITION TO EAST SPR
Zoning Description
PUD
Additional Parcels YN
Yes
Additional Parcels Description
Vacant lot on the corner of Franklin and 17th. RE 113566 0500

More Information

Lot Features

Dead End Street
Yes
Irregular Lot
Yes

Parking Features

Additional Parking
Yes
Parking Lot
Yes
Secured
Yes

Possession

Negotiable
Yes

Water Source

Public
Yes

Sale Includes

Building & Land
Yes
Listing Office: MAXREV, LLC
Source MLS Verified
Last Updated: December - 18 - 2025
Information deemed reliable but not guaranteed.