Private financing available to deserving buyer with large down. Historic Quadruplex + CBD Zoning. This is not just a multi-family investment -- it's a platform. CBD zoning unlocks multiple exit and value-add strategies: • Keep as residential multi-family: Stable cash-flowing quadruplex in a high-demand rental corridor ,near Spring Park and the St. Johns River. • Convert to professional office or retail: CBD zoning permits commercial pivots -- law, medical, boutique retail, and more.• Mixed-use redevelopment: Ground-floor commercial with residential above -- a true ''missing middle'' asset in the Historic District. • Residential-style financing still available: 4-unit status qualifies for conventional mortgage terms despite commercial-grade zoning upside. The property features four 2 bed / 1 bath units (840 sq ft each) with metal roof. • Laundry hookup in each unit • Community front porch + picnic area • Vinyl siding • Off-street parking for 8 " 4-point inspection done (3 yrs ago, no issues) " Two heat/AC wall units per unit " Unit 2B vacant -- new flooring & paint, ready to rent " 3 units occupied, month-to-month, below market " Historic District -- walkable to Spring Park & St.
Pending
Price cut: $20K (8/3)
$409,500
720 WALNUT Street, Green Cove Springs, FL 32043
8beds
3,368sqft
Quadruplex
Built in 1939
-- sqft lot
$-- Zestimate®
$122/sqft
$-- HOA
What's special
Metal roofVinyl siding
- 110 days
- 587
- 45
Zillow last checked:
Listing updated:
Listed by:
DOUGLAS ADDEO 561-218-6558,
COMMUNITY REALTY ASSOCIATES 561-218-6558
Source: realMLS,MLS#: 2148996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Other
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 3,368 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 0.25 Acres
- Features: Historic Area
Details
- Parcel number: 38062601742900000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: **verifying Subd**
Location
- Region: Green Cove Springs
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $369,946
- Annual tax amount: $7,836
- Date on market: 6/5/2026
- Listing terms: Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Pending sale | $409,500$122/sqft |
Source: | ||
| 8/3/2026 | Price change | $409,500-4.7%$122/sqft |
Source: | ||
| 6/5/2026 | Listed for sale | $429,500+11%$128/sqft |
Source: | ||
| 4/16/2026 | Sold | $386,924-9%$115/sqft |
Source: Public Record Report a problem | ||
| 6/3/2022 | Sold | $425,000+28.8%$126/sqft |
Source: Public Record Report a problem | ||
| 1/11/2022 | Sold | $330,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $369,946 -9% |
| 2024 | $8,401 +10.7% | $406,689 +9.8% |
| 2023 | $7,586 +120.8% | $370,437 +64.9% |
| 2022 | $3,435 +32% | $224,639 +85.7% |
| 2021 | $2,602 +7.1% | $120,971 +8.2% |
| 2020 | $2,430 | $111,763 -2.4% |
| 2019 | $2,430 +19.6% | $114,567 +18.8% |
| 2018 | $2,031 +19% | $96,421 +1.9% |
| 2017 | $1,707 +0.2% | $94,599 +9.6% |
| 2016 | $1,704 +6.5% | $86,324 +1.9% |
| 2015 | $1,601 +0.7% | $84,737 +1.9% |
| 2014 | $1,590 | $83,178 -2.8% |
| 2013 | -- | $85,560 +14.4% |
| 2012 | -- | $74,785 -3.9% |
| 2011 | -- | $77,845 -5.3% |
| 2010 | -- | $82,160 -15.4% |
| 2009 | -- | $97,137 -3.6% |
| 2008 | -- | $100,802 +6.2% |
| 2007 | -- | $94,901 +10.1% |
| 2006 | -- | $86,195 +8.5% |
| 2005 | -- | $79,433 +14.4% |
| 2004 | -- | $69,442 -1.2% |
| 2003 | -- | $70,274 -10.8% |
| 2001 | -- | $78,826 +18.4% |
| 2000 | -- | $66,577 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32043
Nearby schools
Schools provided by the listing agent
- Elementary: Charles E. Bennett
- Middle: Green Cove Springs
- High: Clay
Source: realMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





