317 MAGNOLIA Street, Neptune Beach, FL 32266 (MLS# 2146607)

Overview

Description

Start your morning with a sunrise walk on the beach to your favorite coffee shop, play pickleball at Jarboe Park, bike or walk to dinner at the Beaches Town Center, then come home to your own wonderful slice of NEPTUNE BEACH. Just 3 blocks from the ocean, east of 3rd Street and directly across from Jarboe Park, this beautifully updated 3BR/2.5BA home offers the beach lifestyle with something increasingly RARE - a DETACHED GUEST HOUSE with income potential! The 958 SF, 2-story ADU features 2BR/2BA and creates incredible flexibility for rental income, multigenerational living, extended family, guests or a home office. Currently operated as a successful 28-day minimum Airbnb generating approximately $3K+/month. NO HOA and NO FLOOD ZONE. Only 8 blocks to Beaches Town Center, putting restaurants, coffee, shopping and the best of Neptune and Atlantic Beach within an easy walk or bike ride. Live the beach lifestyle while having a separate and flexible space that can work for you!

Supplements: The detached guest house has its own private entrance, separate address (319 Magnolia Street), separate meters and all major appliances. Items currently used in the rental are negotiable, offering the potential for a nearly turnkey setup. Major improvements include NEW roofs and gutters on BOTH homes in 2024, main-house HVAC in 2023 and guest-house ... (Read more)

General Property Information

Number Of Buildings: 2
Number Of Units Total: 2
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Living Area: 2334
Living Area Source: Public Records
Building Area Total: 2334
Accessibility Features YN: Yes
New Construction YN: No
Year Built: 1980
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Lot Size Acres: 0.13
Lot Size Dimensions: 57.00 96.00
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Negotiable
Stories Total: 2
Stories: 2
Direction Faces: North
Senior Community YN: No
Directions: From 3rd Street/A1A, turn east on Magnolia Street. House is on the corner of 3rd Street and Magnolia Street.
Public Remarks: Start your morning with a sunrise walk on the beach to your favorite coffee shop, play pickleball at Jarboe Park, bike or walk to dinner at the Beaches Town Center, then come home to your own wonderful slice of NEPTUNE BEACH. Just 3 blocks from the ocean, east of 3rd Street and directly across from Jarboe Park, this beautifully updated 3BR/2.5BA home offers the beach lifestyle with something increasingly RARE - a DETACHED GUEST HOUSE with income potential! The 958 SF, 2-story ADU features 2BR/2BA and creates incredible flexibility for rental income, multigenerational living, extended family, guests or a home office. Currently operated as a successful 28-day minimum Airbnb generating approximately $3K+/month. NO HOA and NO FLOOD ZONE. Only 8 blocks to Beaches Town Center, putting restaurants, coffee, shopping and the best of Neptune and Atlantic Beach within an easy walk or bike ride. Live the beach lifestyle while having a separate and flexible space that can work for you!
List Price/SqFt: 512

Property Features

Accessibility Features: Grip-Accessible Features Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Electric Range; Electric Water Heater; Freezer; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: Fiber Cement; Stucco Cooling: Central Air; Electric; Multi Units; Separate Meters Current Use: Multi-Family; Single Family Exterior Features: Courtyard Fencing: Back Yard; Full; Privacy; Vinyl; Wood Fireplace Features: Wood Burning Flooring: Tile; Wood Heating: Central; Electric; Heat Pump; Hot Water; Separate Meters Laundry Features: Electric Dryer Hookup; In Garage; Lower Level; Washer Hookup Levels: Two Listing Terms: Cash; Conventional; VA Loan Lot Features: Corner Lot Other Structures: Guest House Parking Features: Additional Parking; Attached; Garage; On Street Possession: Close Of Escrow Road Frontage Type: City Street Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-05-21
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 317
Street Name: MAGNOLIA
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32266
Subdivision Name: Neptune Beach
MLS Area Major: 221-Neptune Beach-East

Status Change Information

Major Change Timestamp: 2026-09-21T22:27:51Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-21T22:27:51Z

Currently Not Used

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

More Information

Fireplace Features

Fireplaces Total: 2
Wood Burning: Yes

Unit 1 Details

Unit ID: 317
Unit SqFt: 1376
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Vacant
Actual Rent: 0

Unit 2 Details

Unit ID: 319
Actual Rent: 3000
Unit SqFt: 958
Full Baths Total: 2
Furnished: Negotiable
Unit Remarks: Vacant

Location, Tax, and Legal

Country: US
Parcel Number: 1728880000
Tax Annual Amount: 6105.32
Tax Year: 2025
Zoning Description: Residential
Elementary School: Neptune Beach
Middle School: Fletcher Jr High
High School: Duncan Fletcher
Tax Legal Description: 16-54 21-2S-29E LONGINOS R/P PT OF NEPTUNE LOT 4 B

Accessibility Features

Grip-Accessible Features: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Oven: Yes
Electric Range: Yes
Electric Water Heater: Yes
Freezer: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Fiber Cement: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes
Separate Meters: Yes

Current Use

Multi-Family: Yes
Single Family: Yes

Exterior Features

Courtyard: Yes

Fencing

Back Yard: Yes
Full: Yes
Privacy: Yes
Vinyl: Yes
Wood: Yes

Flooring

Tile: Yes
Wood: Yes

Heating

Central: Yes
Electric: Yes
Heat Pump: Yes
Hot Water: Yes
Separate Meters: Yes

Laundry Features

Electric Dryer Hookup: Yes
In Garage: Yes
Lower Level: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Lot Features

Corner Lot: Yes

Other Structures

Guest House: Yes

Parking Features

Additional Parking: Yes
Attached: Yes
Garage: Yes
On Street: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes