720 WALNUT Street Green Cove Springs, FL $ 429,500
720 WALNUT Street
$ 429,500
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720 WALNUT Street

Green Cove Springs, FL, 32043
$ 429,500
Bedrooms8 Baths4.0 Sq 3,368

Monthly Estimate*

$ 2,645

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Multi-Family Home for sale in Green Cove Springs, FL

for $429,500 with 8 bedrooms and 4 full baths. This 3,368 square foot home was built in 1939 on a lot size of 0.25.

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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Multi-Family Active

Price

$ 429,500

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,836

Style

Quadruplex

Lot Size

0.25

Year Built

1939

Town/City

Green Cove Springs

County/Region

Clay

MLS | Web ID

2148996

Features
General
Sewer Public Sewer
Heating Other
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Metal
Construction Materials Vinyl Siding
Year Built 1939
Property Subtype Quadruplex
Tax Year 2025
Current Use Multi-Family
Parcel Number 38062601742900000
County Clay
New Construction 0
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name **verifying Subd**
Facing Direction South
Garage Y/N N
Full Baths 4
Status Active
Directions Turn Right off Hwy 17 on to Walnut St House on the Right
High School Clay
City Green Cove Springs
Senior Community Y/N N
Number Of Units Total 4
MLS Area 161-Green Cove Springs
Lot Size Units Acres
Lot Size Square Feet 10890.0
Carport Y/N N
Listing Terms Conventional FHA VA Loan
Elementary School Charles E. Bennett
Property Attached Y/N N
Tax Annual Amount 7836.21
Home Warranty Y/N N
Middle/Junior High School Green Cove Springs
Lease Renewal Y/N N
MLS Area Minor 161-Green Cove Springs
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Conventional True
Water Body Access Y/N None
CDD N
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Interior
Flooring Carpet
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 8
Total Baths 4
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Exterior
Parking Features Off Street
Lot Features Historic Area
Water Source Public
Lot Size Area 0.25
Spa N
Lot Size Acres 0.25
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 720
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* Excluded Features
List By
Community Realty Associates

Broker

addeod@comcast.net

Email

Affordability Calculator

$3,298
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,645
Monthly Property Taxes
$653
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
307990 Elementary School
308326 Middle School
Clay High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$429,500 Listed Price

Map


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720 WALNUT Street, Green Cove Springs, FL, 32043 is a Multi-Family Home for sale at $429,500 with 3,368 sqft and a lot size of 0.25. 720 WALNUT Street has 8 bedrooms, 4.0 baths, and was built in 1939. The property's zip code is 32043 which is in Green Cove Springs, FL