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$2,665,000 -$25,000 (-0.93%) Price Reduced
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Property Description
Exceptional opportunity in the heart of Downtown Jacksonville. Positioned on historic E. Forsyth Street-one of the city's most active and recognizable corridors-this two-story retail building offers over 10,000 SF of highly flexible space ideal for a restaurant, bar, lounge, or nightlife concept. Surrounded by major landmarks including James Weldon Johnson Park, the Jacksonville Landing area, government buildings, offices, and established entertainment venues, this location benefits from steady foot traffic, strong daytime density, and growing residential demand in the urban core. The property is offered in Vanilla Shell condition, providing a blank canvas for a full buildout. Each floor measures approximately 50' x 103', and spaces may be leased individually or combined for a full-building takeover. High ceilings, a wide open floorplate, and prominent street frontage make this a standout opportunity for operators looking to create a destination venue in a rapidly evolving district. Perfect for a signature restaurant, craft cocktail bar, live entertainment space, or multi-level hospitality concept. Bring your vision and make your mark at 120 E. Forsyth-one of downtown Jacksonville's most strategically positioned retail spaces.
Full Property Details
Full Property Details for 120 E Forsyth St
General
- Price: $2,665,000
- Taxes: $15,652 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: O6360621
- Updated: 3/25/2026
- Added to Site: 138 day(s) ago
Location
- Area: 32202 - Jacksonville
- County: Duval
- Development Name: 32202 - Jacksonville
- Subdivision: JACKSONVILLE HARTS MAP
- Driving Directions: From I-95, take Exit 353B toward Union Street. Continue on W. Union St. for approximately 0.7 miles. Turn right onto N. Main St., then turn left onto E. Forsyth St. The property at 120 E. Forsyth St. will be on your right.
Community
- Community Name: 32202 - Jacksonville
Heating & Cooling
- Cooling Type: Central Air, Other
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Square Feet: 11,734
- Year Built: 1909
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,889
- Lot Size: 5889
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $15,652.47
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: 39-2S-26E .135 HARTS MAP OF JACKSONVILLE PT LOTS 2, 4, 5 RECD O/R 18435-1085 BLK 10
- Flood Zone Info: x
- APN: 734510000
- Property ID: 734510000
- Block/Lot/Section: 10
Listed by Exp Realty Llc
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Schools
Schools serving 120 E Forsyth St
School District:Duval County School District
| Name | Grades | Distance |
|---|---|---|
John Love Elementary School 1531 Winthrop Street, Jacksonville, FL 32206 | PK-2 | 2 mi |
Long Branch Elementary School 3723 Franklin Street, Jacksonville, FL 32206 | 3-5 | 2.7 mi |
Matthew W. Gilbert Middle School 1424 Franklin Street, Jacksonville, FL 32206 | 6-8 | 1.4 mi |
William M. Raines High School 3663 Raines Avenue, Jacksonville, FL 32209 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 E Forsyth St
Date
Details
Price
Change
Source
3/25/2026
Price Reduced
$2,665,000
-0.93%
MLS
11/13/2025
Listed
$2,690,000
224.1%
MLS
6/25/2018
Sold
$830,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 E Forsyth St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,652
—
$828,200
1%
2024
$15,652
-1%
$818,900
-1%
2023
$15,816
14%
$826,200
5%
2021
$13,896
-4%
$787,500
—
2022
$14,404
4%
$788,200
—
2021
$13,896
6%
$786,900
12%
2019
$13,134
55%
$701,900
56%
2018
$8,459
9%
$448,600
14%
2017
$7,734
-1%
$394,100
—
2016
$7,839
1%
$393,200
2%
2015
$7,792
-1%
$384,100
1%
2014
$7,844
-12%
$379,800
-12%
2013
$8,904
—
$430,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 E Forsyth St
120 E Forsyth Street, Jacksonville, FL 32202 (MLS# O6360621) is a Commercial property. 120 E Forsyth Street is currently listed for $2,665,000 and was received on November 13, 2025. Want to learn more about 120 E Forsyth Street? Do you have questions about finding other Commercial real estate for sale in Jacksonville? You can browse all Jacksonville real estate or contact a Coldwell Banker agent to request more information.

