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720 Walnut Street

Green Cove Springs, FL 32043
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Bed 8

Bed

Bath 4

Bath

SqFt3,368

Sqft

Acres0.25

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $429,500

AD Id : 80279340

MLS Id : 2148996

Beds : 8

Lot Size : 0.25 Acre

Living Area Size : 3,368

Year Built : 1939

County : Clay

Subdivision: **verifying Subd**

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Carpet
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating & Cooling

    Heating: Other Cooling: Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1939 Construction Materials: Vinyl Siding Roof: Metal
  • Road Types

    Paved
  • Laundry Features

    Electric Dryer Hookup, Washer Hookup

  • Lot Information

    Lot Description: Historic Area Lot Size Area: 0.25 Acres Lot Square Feet: 10,890 Main Square Feet: 3368

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex SQ ft (Living Area): 3,368 Subdivision: **verifying Subd** MLS Area Minor: 161-Green Cove Springs Source Neighborhood: **verifying Subd** Construction Materials: Vinyl Siding Property Age: 87

  • Listing Price Information

    Listing Id: 2148996 ist Price: $429,500 List Price Tot SqFt: $128 Listing Terms Conventional, FHA, VA Loan
  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 38062601742900000 Annual Tax: $7,836 Tax Year: 2025

  • Parking Information

    Off Street

  • School Information

    Elementary School: Charles E. Bennett
    Elementary School District:
    Junior High School: Green Cove Springs
    Senior High School: Clay
  • Utility Information

    Cable Available
  • Location Information

    Direction: Turn Right off Hwy 17 on to Walnut St, House on the Right
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ByOwner last updated this listing 06/23/2026 @ 08:58

MLS: 2148996 LISTED BY: DOUGLAS ADDEO, COMMUNITY REALTY ASSOCIATES SOURCE: realMLS (Northeast Florida Multiple Listing Service)

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