Atlantic Beach Investment Properties For Sale

More details for 123 Margaret St, Neptune Beach, FL - Multifamily for Sale

123 Margaret - Tri-plex - 123 Margaret St

Neptune Beach, FL 32266

Investment Property
Multifamily for Sale
$2,135,869 CAD
4,478 SF

Neptune Beach Multifamily for Sale - Beaches

Investment Highlights: Rare opportunity to acquire a triplex in Neptune Beach, one of the most supply-constrained and desirable coastal submarkets in Northeast Florida Located just blocks from the Atlantic Ocean, offering strong long-term appreciation and tenant demand drivers Three residential units providing diversified income stream and reduced vacancy exposure Ideal for short-term rental conversion, long-term hold, or owner-occupant house hack strategy Strong rental market supported by proximity to beaches, dining, retail, and employment centers in Jacksonville Beach and Atlantic Beach Walkable/bikeable coastal lifestyle location increases tenant retention and premium rent potential Property Features: Triplex configuration (unit mix to be confirmed) On-site parking (confirm count) Individual unit access (no shared interior corridors) Low-rise coastal construction Market Overview: Neptune Beach is a high-barrier-to-entry market with limited multifamily inventory Consistent rent growth driven by lifestyle demand and limited new development Close proximity to JTB (SR 202) providing direct access to Jacksonville’s primary employment hubs Value-Add Potential: Opportunity to increase rents to market through interior upgrades Potential to optimize income via furnished or short-term rental strategy (subject to zoning) Expense efficiencies through professional management Buyer Profile: Private investors seeking stable coastal income 1031 exchange buyers targeting appreciation markets Owner-occupants looking to offset living expenses

Contact:

Spectrum Realty Services

Property Subtype:

Apartment

Date on Market:

2026-03-19

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Investment Property for Sale within 10 kilometers of Atlantic Beach, FL, USA

Neptune Beach Multifamily for Sale - Beaches

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