3585-3597 Drexel Street, Jacksonville, FL 32207

$899,000.00
  • 3585-3597 Drexel Street, Jacksonville, FL 32207 Main Photo

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New to the Market Active
BEDS12 BATHS8 full 4 partial SQUARE FEET5,920 MLS#2140448
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDuval City

Property Description

Immediate income-producing, turnkey investment opportunity featuring 4 separately deeded townhomes offered as one portfolio at 3585, 3589, 3593 & 3597 Drexel Street. Built in 2022, this newer construction asset offers immediate income, low-maintenance ownership, and the rare flexibility to sell units individually-creating a built-in exit strategy for future appreciation.Each residence offers 3 bedrooms, 2.5 bathrooms, 1,480 sq ft, and an attached one-car garage. Floor plan features open-concept living on the first floor with kitchen, dining, and living areas - along with a half bath, plus 3 bedrooms and 2 full baths upstairs.All units are finished with consistent durable, low-maintenance materials including luxury vinyl plank flooring, shaker-style cabinetry, quartz countertops, and stainless steel appliances. Exterior features include Hardie siding, fully fenced yards, and irrigation systems for each unit.The income producing portfolio provides a mix of 3 long-term rental units and one fully furnished short-term rental with established performance history and professional management in place. (Furnishings convey with acceptable offer) Opportunity exists for increased returns through rent optimization or management adjustments.Photos shown only include the furnished short-term rental unit. All units share an identical floor plan, with cohesive finishes and overall condition. Located just minutes from the historic charm of San Marco Square and the scenic St. Johns River, you'll have easy access to premier dining, boutique shopping, and the Southbank Riverwalk. With a strong combination of stable long-term income and supplemental short-term rental revenue, this asset offers diversified cash flow in a low-maintenance, newer construction package. Ideal for investors seeking a 1031 exchange, portfolio expansion, or a flexible asset with multiple future exit strategies in a growing rental market.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $4,079
Year Built: 2022

Feature Descriptions

Exterior: Composition Siding
Lot Dimensions: 0
Sewer: Public Sewer
Units: 4

Listed By / Shown By

Listed By

Agency Name: RE/MAX SPECIALISTS

Shown By

Agency Title: Realty Exchange
Agency Phone: 304-523-2225

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Estimated Payment

$ 4,375.52 per month $3,773.39 Principal & Interest $339.92 Property Tax $262.21 Homeowner's Insurance

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