1917 1ST ST Neptune Beach, FL 32266 Price Dropped by $40K

UPDATED: 09/11/2026 02:08 PM ON MARKET: 12 days on market

$1,245,000

4 Beds4 Baths1,800 SqFt

Key Details

Property Type Multi-Family, Condo, Multi Unit, Duplex/Multi Unit Lot

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $691

Subdivision Ocean View

MLS Listing ID 2163471

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1958

Annual Tax Amount $13,481

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 60 * 70

Property Sub-Type Quadruplex

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

**Rare Four-Unit Investment Opportunity Just Steps from the Atlantic Ocean in Neptune Beach!** Located on highly desirable 1st Street, this established quadruplex offers an exceptional opportunity to own an income-producing property in one of Northeast Florida's most sought-after coastal communities. Four individual studio-style residences, each with a full kitchen and private bath, provide multiple income streams from a single property--all within approximately one block of the beach. Situated on a **70' x 60' corner parcel** with frontage along 1st Street and Margaret Street, the property enjoys excellent visibility, convenient off-street parking and the unmistakable character of old Neptune Beach. Mature palms, established landscaping and classic coastal architecture give the property an authentic beach-town feel, while the aerial photography dramatically showcases its proximity to the ocean.

The property has benefited from numerous improvements over the years, including a roof reported replaced in approximately 2015 and plumbing and electrical updates. More recent improvements include replacement window A/C units in multiple residences, new tile in Unit 1919, a replacement sliding door in Unit 1923 and rebuilding of the trash-area fence. The 2021 four-point inspection also documented four individual 60-amp electrical panels and plumbing updates.

Just blocks from the restaurants, shopping and lifestyle that make the Beaches so desirable, this is the type of property that rarely becomes available: **four rental units, a corner location, and the Atlantic Ocean practically at your doorstep.**

**1917-1923 1st Street -- own the income, the location and a piece of Neptune Beach.**