720 Walnut Street, Green Cove Springs, FL 32043

$390,000
8
BD
4
BA
3,368
SqFt

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Sold Price
$390,000
List Price
$409,500
Status
CLOSED
Days on Market
109
Closing Date
Oct 13, 2026
MLS#
2148996
Subtype
Residential Income
Year Built
1939
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
3,368
Lot Size
10,890
Acres
0.25
Subdivision
**Verifying Subd**
Neighborhood
161-Green Cove Springs

Property Description

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.

Additional Information

Air Conditioning
Wall/Window Unit(s)
Roof
Metal
Elementary School
Charles E. Bennett
Middle School
Green Cove Springs
High School
Clay

Listing courtesy of DOUGLAS ADDEO from COMMUNITY REALTY ASSOCIATES.

Selling Office: .

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