1221 E 16TH Street, Jacksonville, FL 32206 (MLS# 2121938)

1221 E 16TH Street, Jacksonville, FL 32206

$2,295,000
Property Type: Residential Income Bedrooms: 2 Square Footage: 48,736 Lot Size (sq. ft.): 94,525 Status: Active
Current Price: $2,295,000 List Date: 12/18/2025 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

Supplements: and luxury office 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# 2121938

General Property Information

Number Of Units Total
2
Bedrooms Total
2
Living Area
48736
Accessibility Features YN
Yes
New Construction YN
No
Year Built
1912
Garage YN
No
Carport YN
No
Lot Size Acres
2.17
CDD Fee YN
No
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Directions
MLK, take Phoenix Ave S, E on 17th, property is located on the corner of Franklin and 17th
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
List Price/SqFt
47.09
Bathrooms Half
0

Property Features

Cooling: Other Current Use: Other Heating: Other Listing Terms: Cash; Private Financing Available Lot Features: Cul-De-Sac Parking Features: Additional Parking Possession: Close Of Escrow Utilities: Other

Contract Information

Listing Contract Date
2025-10-16
Property Sub Type
Multi Family

Location Tax and Legal

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

Status Change Information

Major Change Timestamp
2025-12-18T00:27:40Z
Major Change Type
New Listing

Currently Not Used

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

More Information

Unit 1 Details

Unit ID
Yes
Unit SqFt
24368
Furnished
Unfurnished
Unit Remarks
vacant
Actual Rent
0

Unit 2 Details

Unit ID
2
Unit SqFt
24368
Furnished
Unfurnished
Unit Remarks
vacant
Actual Rent
0

Location, Tax, and Legal

Country
US
Parcel Number
1135670010
Tax Annual Amount
18771.27
Tax Year
2025
Zoning Description
PUD
Tax Legal Description
2-8 06-2S-27E 2.17 HARTRIDGES ADDITION TO EAST SPR

Cooling

Other
Yes

Current Use

Other
Yes

Heating

Other
Yes

Listing Terms

Cash
Yes
Private Financing Available
Yes

Lot Features

Cul-De-Sac
Yes

Parking Features

Additional Parking
Yes

Possession

Close Of Escrow
Yes

Utilities

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