509 PENMAN RD Neptune Beach, FL 32266 New

UPDATED: 02/20/2026 09:47 PM ON MARKET: 5 days on market

$499,000

3 Beds2 Baths1,884 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,884 sqft

Price per Sqft $264

Subdivision Oceanwood

MLS Listing ID 2131196

Bedrooms 3

Full Baths 2

Construction Status Fixer

HOA Y/N No

Year Built 1961

Annual Tax Amount $1,276

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 75 x 135

Property Sub-Type Single Family Residence

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Located in the heart of Neptune Beach, FL, this solid 3-bedroom, 2-bath concrete block home offers an incredible opportunity to create your dream coastal retreat. Situated on a large lot with a fully fenced backyard and double gate access, there's plenty of room to design the ultimate outdoor oasis. Inside, you'll find spacious rooms, abundant closet space, and classic terrazzo floors ready to shine again. A dedicated workshop adds flexibility for hobbies, storage, or projects. Major updates have already been completed, including a roof replaced in 2012, along with updated electrical and plumbing systems--providing peace of mind for years to come. While the home offers the chance for modern touches and personal updates, its strong construction and generous layout provide the perfect foundation. Just minutes from Neptune Beach's beautiful shoreline, local dining, shopping, and year-round community events, this is your chance to invest in location, lifestyle, and lasting value.