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$1,245,000
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Property Description
High-yield, turn-key investment opportunity. Fully renovated, multi family zoned, operating as a 29-bedroom rent-by-room rental. Units are furnished. Property underwent major 2023 renovations. - 8-year-old roofs on all buildings - All water heaters replaced in 2023 - New AC Units 59 & 51 2023 - Unit 55 replaced 2025 Annual rent estimated Strong demand for affordable room rentals supports stable occupancy and future rental growth. Excellent opportunity for investors seeking immediate income and portfolio expansion. 2 buildings self-managed. Large lots with room to expand / add income opportunity. (buyer to verify permitting/zoning) Balconies, porch, yard, parking available driveway and dead end street. 2x Washer /dryer per buidling+ all appliances provided. Granite counters, renovated kitchens and bath. roof 8 years old.
Full Property Details
Full Property Details for 51 55 59 E 32nd St
General
- Sold For: $1,245,000
- Taxes: $3,713 (2025)
- Status: Closed
- Type: Commercial Multi-Family
- Source: BrevardCounty
- MLS ID: 1074270
- Added to Site: 112 day(s) ago
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 12
Parking
- Parking Features: Additional Parking, On Street, RV Access/Parking, Shared Driveway, Unassigned
Location
- Area: 999 - Out of Area
- County: Duval
- Driving Directions: Take I-95 North or South (depending on your starting point) toward downtown Jacksonville. Exit at MLK Jr. Parkway (US-1 N/US-23 N) - follow signs for MLK Parkway Northbound. Take the exit for Main Street (US-17 N). Turn left onto Main Street (if coming from south) or right (if coming from north). Turn right onto E 32nd Street - it's a small residential road just north of the intersect
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Frame
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 6,888
- Living Area: 6,888 Sq. Ft.
- Current Bldg. Use: Multi-Family
- Year Built: 1987
Unit Information
- Units in Building: 6
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,651.2
- Frontage: City Street
- Lot Features: Dead End Street
Financial Considerations
- Price Per Sq. Ft.: $180.75
- Tax Amount: $3,713.08
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 133355-1000
Listed and Sold by LoKation
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Schools
Schools serving 51 55 59 E 32nd St
School District:Duval County School District
| Name | Grades | Distance |
|---|---|---|
Long Branch Elementary School 3723 Franklin Street, Jacksonville, FL 32206 | 3-5 | 0.8 mi |
John Love Elementary School 1531 Winthrop Street, Jacksonville, FL 32206 | PK-2 | 1.5 mi |
Matthew W. Gilbert Middle School 1424 Franklin Street, Jacksonville, FL 32206 | 6-8 | 1.7 mi |
Jean Ribault High School 3701 Winton Drive, Jacksonville, FL 32208 | 9-12 | 3.8 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 51 55 59 E 32nd St
Date
Details
Price
Change
Source
6/10/2026
Sold
$1,245,000
18.57%
MLS
3/02/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
51, 55, 59 E 32nd Street, Jacksonville, FL 32206 (MLS# 1074270) is a Commercial Multi-Family property that was sold at $1,245,000 on June 10, 2026. Want to learn more about 51, 55, 59 E 32nd Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Jacksonville? You can browse all Jacksonville real estate or contact a Coldwell Banker agent to request more information.

