208 Hopkins St - Multi-Family FOR SALE


Neptune Beach, FL 32266
$1,325,000 USD
904-249-7211
208 Hopkins St, Neptune Beach, FL for Sale
$1,325,000 USD
Multi-Family - FOR SALE
1/21
null | 18.34% Cap Rate

208 Hopkins St
Neptune Beach, FL 32266


HIGHLIGHTS

  • Walking distance to Beaches Town Center and Beach Access
  • Large 3 bedroom units with garages
  • Individual Rear Courtyards with low maintenance.

OVERVIEW

RENTS BELOW MARKET VALUE. Welcome to 206-208 Hopkins Street, a rare opportunity to own a well-positioned duplex in one of Neptune Beach's most desirable neighborhoods. Located just one and a half blocks from the Atlantic, this property offers the perfect blend of coastal lifestyle and income potential—ideal for investors, multi-generational living, or owner-occupants seeking rental flexibility. Each unit features 3 bedrooms and 3 bathrooms with generous living spaces, functional layouts, and abundant natural light. Unit 206 has been tastefully updated with new bathrooms, flooring, granite countertops, updated fixtures, and a newer HVAC system, delivering a move-in-ready option with modern appeal. Unit 208 provides a blank canvas, ready for your personal design vision or value-add updates. Property currently rented under market value. Tenants are on a month to month lease with 30 days notice to vacate. The property offers separate, individually paved backyard areas, creating private outdoor spaces perfect for entertaining or relaxing after a day at the beach. Ample off-street parking adds everyday convenience for both residents and guests. Additional highlights include separate utility meters, private laundry rooms in each unit, modern appliances, and central air conditioningfeatures that make ownership and management straightforward. Major improvements include: Roof replaced in 2018 Newer HVAC in Unit 206 (Northport Heating & Air - 6/11/2023) Newer electrical panels Property repiped with CPVC Hot water heaters approximately 4-17 years old Just a short walk or bike ride to the beach, parks, and the vibrant Neptune Beach town center, this duplex delivers both lifestyle and long-term value in a highly sought-after coastal community. Opportunities like this are raredon't miss your chance to own in Neptune Beach.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$375 USD /SF

# OF UNITS

2

PRICE/UNIT

$662,500

CAP RATE

18.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

206-208 Hopkins St. Neptune Beach, FL -Rents

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

NR-4

APN/PARCEL ID

172606-0000

ASK ABOUT THIS PROPERTY

Tracey McCue PaulsenBerkshire Hathaway - Florida Network RealtyMore Info
904-249-7211

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Tracey McCue PaulsenBerkshire Hathaway - Florida Network RealtyMore Info
904-249-7211

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.