208 Hopkins St - 206-208 Hopkins St. Neptune Beach, FL -Rents 2 Unit Apartment Building Offered at $1,845,761 CAD at a 18% Cap Rate Neptune Beach, FL 32266

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.
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.