INVESTMENT OPPORTUNITY IN NEPTUNE BEACH! Rare opportunity on the corner of First St and Bay St in highly desirable Neptune Beach, just steps from the beach! Offered at $1,100,000, this property is positioned for an investor, seeking to re-imagine a coastal project house. The property currently has a 1938 multifamily structure with approx. 1,980 SF, 4 bedrooms and 3 bathrooms on a 42'x100' lot. Property sold AS-IS; seller will make no repairs. Buyer to verify zoning, density, rehab options and intended use. SAFETY NOTICE: Exterior stairs and upper deck are unsafe. Bring your vision to 201 Bay St!
Pending
$1,100,000
201 BAY Street, Neptune Beach, FL 32266
4beds
1,980sqft
Single Family Residence
Built in 1938
4,356 Square Feet Lot
$1,091,400 Zestimate®
$556/sqft
$-- HOA
What's special
- 11 days
- 1,295
- 66
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
LANCE G PARKER 904-921-5385,
EXP REALTY LLC 888-883-8509,
CAROLYNN CASTILLO 904-649-9597
Source: realMLS,MLS#: 2164940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Water Softener Owned
Interior area
- Total interior livable area: 1,980 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 Square Feet
- Dimensions: 42 x 100
Details
- Parcel number: 1728390000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
Condition
- Fixer
- New construction: No
- Year built: 1938
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Neptune R/p
HOA
- Has HOA: No
Location
- Region: Neptune Beach
Financial & listing details
- Price per square foot: $556/sqft
- Tax assessed value: $747,645
- Annual tax amount: $4,928
- Date on market: 9/15/2026
- Listing terms: Cash
Estimated market value
$1,091,400
$1.04M - $1.15M
$5,146/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Pending sale | $1,100,000$556/sqft |
Source: | ||
| 9/15/2026 | Listed for sale | $1,100,000$556/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,928 +2.5% | $318,176 +2.9% |
| 2024 | $4,809 +22.3% | $309,209 +3% |
| 2023 | $3,931 +10.8% | $300,203 +3% |
| 2022 | $3,549 +1.2% | $291,460 +3% |
| 2021 | $3,506 +1.3% | $282,971 +1.4% |
| 2020 | $3,462 +1.6% | $279,065 +2.3% |
| 2019 | $3,407 +1.7% | $272,791 +1.9% |
| 2018 | $3,350 | $267,705 +2.1% |
| 2017 | $3,350 +1.7% | $262,199 +2.1% |
| 2016 | $3,294 +0.9% | $256,807 +0.7% |
| 2015 | $3,263 -1% | $255,022 +0.8% |
| 2014 | $3,296 | $252,999 +1.5% |
| 2013 | -- | $249,261 -1.6% |
| 2012 | -- | $253,308 +3% |
| 2011 | -- | $245,931 +1.5% |
| 2010 | -- | $242,297 +2.7% |
| 2009 | -- | $235,927 -19.7% |
| 2006 | -- | $293,967 +29.9% |
| 2005 | $3,205 | $226,247 +3.8% |
| 2004 | -- | $218,053 +2.1% |
| 2003 | $3,107 | $213,536 +1.3% |
| 2002 | -- | $210,886 +3.3% |
| 2001 | -- | $204,136 +22.9% |
| 2000 | -- | $166,037 +56.2% |
| 1999 | -- | $106,323 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32266
Nearby schools
Schools provided by the listing agent
- Elementary: Neptune Beach
- Middle: Duncan Fletcher
- High: Duncan Fletcher
Source: realMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



