Active under contract

$1,550,000

123 MARGARET Street, Neptune Beach, FL 32266

5beds

2,834sqft

$10,565/mo

Get pre-qualified

Triplex

Built in 1949

-- sqft lot

$1,477,300 Zestimate^®

$547/sqft

$-- HOA

What's special

Rare opportunity to own a triplex in the heart of Neptune Beach just blocks from the ocean! This income-producing property offers three units, making it ideal for investors, house hackers, or those looking for a coastal lifestyle with rental income. Located in one of Northeast Florida's most desirable beach communities, the property is within walking or biking distance to the beach, local restaurants, shops, and parks. Strong rental demand and limited multifamily inventory in Neptune Beach make this a prime long-term investment. Easy access to JTB provides a quick commute to Jacksonville. Whether you're looking to expand your portfolio or live near the beach while generating income, this property offers exceptional potential.

124 days

427

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Central

Cooling

Central Air

Interior area

Total interior livable area: 2,834 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage, Off Street, Parking Lot
Garage spaces: 2

Features

Stories: 1

Lot

Size: 4,791 Square Feet
Features: Other

Details

Parcel number: 1737450000

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1949

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Bowes Oceanview

HOA

Has HOA: No

Location

Region: Neptune Beach

Financial & listing details

Price per square foot: $547/sqft
Tax assessed value: $930,627
Annual tax amount: $23,077
Date on market: 3/20/2026
Listing terms: Cash,Conventional,FHA,Other

Estimated market value

$1,477,300

$1.40M - $1.55M

$2,988/mo

Price history

Date	Event	Price
3/20/2026	Listed for sale	$1,550,000+134%$547/sqft
Source: realMLS #2135960 Report a problem
12/2/2020	Sold	$662,500+1009.7%$234/sqft
Source: realMLS #1069289 Report a problem
8/19/2003	Sold	$59,700$21/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$21,940 +18.7%	--
2023	$18,484 +54.3%	--
2022	$11,983	$591,958

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified