2050 FORBES Street
Jacksonville, FL, 32204 $ 449,000
Bedrooms-- Baths-- Sq 1,962 Monthly Estimate*
$ 2,765
for $449,000. This 1,962 square foot building was built in 1917 on a lot size of 0.13.
PRIME HISTORIC RIVERSIDE OPPORTUNITY - LIVE, WORK, OR INVEST IN THE HEART OF FIVE POINTS. Welcome to 2050 Forbes Street, a rare and versatile property located in the highly sought-after Historic Riverside neighborhood--just steps from the vibrant Five Points district. Walk to some of Jacksonville's most exciting restaurants, coffee shops, breweries, boutiques, parks, and entertainment. This is one of the city's most walkable and desirable areas, where charm, culture, and community meet. Currently configured as a professional office, this property offers exceptional flexibility. Whether you are a business owner looking for your own headquarters, an investor seeking income potential, or a buyer ready to convert it back into a stunning single-family residence, the possibilities are wide open. Zoned RMD-B (Residential Medium Density), the property allows for residential, professional office, and various mixed-use opportunities (buyer to verify permitted uses with the City of Jacksonville). 2050 Forbes Street represents a strategic opportunity in the Historic Riverside overlay district, located moments from Five Points and minutes to Downtown Jacksonville, Avondale, St. Vincent's Medical Center, and major corridors. RMD-B zoning supports residential medium-density uses and certain professional office uses. This creates strong long-term value due to its adaptability. Buyers can consider: " Conversion to a charming single-family residence " Potential duplex or income-producing configuration (subject to city approval) " Live/work setup " Boutique law firm, accounting office, marketing agency, design studio, therapy practice " Creative co-working concept " Long-term hold with rental income The structure already includes plumbing for two full bathrooms, defined rooms for bedrooms or offices, and flexible common areas. The conference room could easily convert into a primary suite or additional bedrooms. The reception space could transform into a living room. With thoughtful renovation, this property could become a stunning Riverside home blending historic charm with modern finishes. For investors, the Five Points/Riverside submarket continues to demonstrate strong demand for walkable residential and boutique commercial spaces. Parking is a premium in this area, and this property provides valuable off-street and covered parking--an uncommon advantage. The surrounding area supports high-quality redevelopment, renovation, and value-add opportunities. Buyers seeking appreciation potential will recognize the strength of this micro-location. Key Highlights: " Located in Historic Riverside near Five Points " Walkable lifestyle location " Flexible RMD-B zoning " Multiple income or conversion pathways " Strong neighborhood demand " Motivated seller This is not just a building--it's a strategic opportunity in one of Jacksonville's most established and character-rich districts. Serious inquiries only. Seller is ready to review offers.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Year Built 1917
Property Subtype Office
Tax Year 2025
Current Use Office
Parcel Number 0908960000
Accessibility Accessible Approach with Ramp
County Duval
New Construction 0 None
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name 1661 Riverside
Building Features Lobby
Status Active
Directions Take Riverside Ave to Margaret St. then take a right. Take a left onto Forbes St. Building is on the left
City Jacksonville
Senior Community Y/N N
Number Of Units Total 0
MLS Area 031-Riverside
Lot Size Units Acres
Lot Size Square Feet 5662.8
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 5771.69
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 031-Riverside
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Cash True
Conventional True
Private Pool Y/N None
Water Body Access Y/N None
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InteriorFlooring Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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ExteriorParking Features Additional Parking Carport
Lot Features Other
Water Source Public
Lot Size Area 0.13
Spa N
Lot Size Acres 0.13
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByVit Homes Realty LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,765
- Monthly Property Taxes
- $481
- 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.
Learn more about how to save NearbyCommerical listings in Jacksonville, FL
Average List Price $877,169
Percent of Sale Price 95%
About Jacksonville, FL 899,320 Population
22% Since 2002
$ 49,805 Median Income
37.69 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
308105 Elementary School
308138 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/26/2026 | $449,000 | -4.26% | Price Down |
| 2/20/2026 | $469,000 | | Listed Price |