Susan Froman

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Listing provided courtesy of COMMUNITY REALTY ASSOCIATES- MLS# 2148996MLS Provider

720 WALNUT StreetGreen Cove Springs, FL 32043

Multi-Family · 8 Beds · 4 Full Baths · 3,368 Sq. ft. | 0.25 Acres
$429,500 Active

720 WALNUT Street Overview

Time on Site:
25 days
Visits:
0

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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720 WALNUT Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,368
  • Price/Sq.ft. $128
  • Lot 0.25 Acres

Details

General

School Information

  • Elementary School: Charles E. Bennett
  • Middle Or Junior School: Green Cove Springs
  • High School: Clay

Building Information

  • New Construction: No
  • Year Built: 1939

Business Information

  • Current Use: Multi-Family

Location/Region

  • Country: US
  • County Or Parish: Clay
  • MLS Area Major: 161-Green Cove Springs
  • MLS Area Minor: 161-Green Cove Springs
  • Subdivision Name: **verifying Subd**

Tax Information

  • Tax Annual Amount: 7836.21
  • Tax Year: 2025

General Information

  • Listing Terms: Conventional,FHA,VA Loan
  • Parcel Number: 38062601742900000
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 8

General Information

  • Flooring: Carpet
  • Laundry Features: Electric Dryer Hookup,Washer Hookup
  • Living Area: 3368.0
  • Living Area Source: Public Records

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Lot Features: Historic Area
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Vinyl Siding
  • Direction Faces: South
  • Property Attached: No
  • Roof: Metal

General Information

  • Carport: No
  • Number Of Units Total: 4
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Cable Available

720 WALNUT Street Neighborhood

Community

32043 (GREEN COVE SPRINGS) Demographics

40
Median Age
132
Population Density (per sq. mile)
36%
College Educated
$61,295
Estimated Median Income
8,140
Estimated Total Home Owners
2,242
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

720 WALNUT Street Monthly Cost

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Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

720 WALNUT Street Market Data

Based on the last 30 days in this zip code

$417,234
Average List Price
$202
Average Price per Square Foot
109
Properties Sold
98
Average Days on Market
546
Properties for Sale
Calculations provided by Reliance Network

720 WALNUT Street History

Date Event Value Agent
6/5/2026Source: North East Florida MLS Added to Database
June 05, 2026