720 WALNUT Street, Green Cove Springs, FL 32043
- 8 beds |
- 4 baths |
- 3,368 sqft
Multi-Family Home
Built in 1939
0.25acre lot
—— car garage
$128/sqft
Listed 9 days ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- June 5, 2026
- Data Last Updated:
- June 14, 2026 at 7:38AM
- Listing Office:
- COMMUNITY REALTY ASSOCIATES : 561-218-6558
- Listing Agent:
- DOUGLAS ADDEO : 561-218-6558
- MLS ID:
- 2148996
- Roofing: Metal
- General: Vinyl Siding
- Road/Access: Paved
- Originating MLS: realMLS (Northeast Florida Multiple Listing Service)
- County: Clay
- Zoning: 38062601742900000
- Current Use: Multi-Family
- Utilities: Cable Available
- Water: Public
- Sewer: Public Sewer
- Source: realMLS (Northeast Florida Multiple Listing Service)
This listing courtesy of DOUGLAS ADDEO , COMMUNITY REALTY ASSOCIATES
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location

