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$409,500

720 Walnut St

Green Cove Springs, FL
Pending
8
Bedrooms
4
Bathrooms
0.25
Lot Size (acres)
1939
Year Built
121
Days On Market

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.

Listing Information

Listing Updated
11 days ago
Listed By
DOUGLAS ADDEO, 5612186558 · COMMUNITY REALTY ASSOCIATES, 5612186558
MLS#
2148996
Source
realMLS
Status
Pending

Facts & Features

Location

Community Information

Address
720 Walnut St, Green Cove Springs, FL 32043
City
Green Cove Springs
County
Clay
Neighborhood
**verifying Subd**
Zip Code
32043

Architecture

Bedrooms
8
Bathrooms
4
Year Built
1939
Construction Materials
Vinyl Siding
Roof
Metal
Garage Spaces
0
Parking Features
Off Street

Features & Amenities

Flooring
Carpet
Cooling
Wall/Window Unit(s)
Heating
Other

Property Features

Lot Size
0.25 Acres
Water
Public
Sewer
Public Sewer
Utilities
Cable Available

Square Footage

Total
3,368 sq. ft.

Tax & Financial Information

List Price
$409,500
Annual Taxes
$7,836

Schools

99/100
Clay High School
High · Grades 09–12 · 1.9 mi
City
Green Cove Springs
Students
1,399
Student body
79% White · 10% Black · 7% Hispanic / Latino
Free/reduced lunch
37%
Phone
(904) 336-7175
57/100
Charles E. Bennett Elementary School
Elementary · Grades PK–06 · 0.9 mi
City
Green Cove Springs
Students
832
Parent reviews
3.0★ avg · 2 reviews
Student body
69% White · 17% Black · 10% Hispanic / Latino
Free/reduced lunch
75%
Phone
(904) 336-0475
54/100
Contracted Residential Services
7th & Above · Grades PK–12 · 0.1 mi
City
Green Cove Springs
Students
4
Student body
75% Hispanic / Latino · 25% Two or More Races
Phone
(904) 336-6866
54/100
Green Cove Springs Junior High School
Middle · Grades 07–08 · 0.5 mi
City
Green Cove Springs
Students
779
Student body
75% White · 10% Hispanic / Latino · 9% Black
Free/reduced lunch
34%
Phone
(904) 336-5175
52/100
Amikids Clay County
High · Grades 06–12 · 0.4 mi
City
Green Cove Springs
Students
39
Student body
62% White · 15% Hispanic / Latino · 13% Black
Free/reduced lunch
74%
Phone
(904) 336-0081
51/100
School A
Elementary · Grades KG–06 · 0.1 mi
City
Green Cove Springs
Phone
(904) 336-6853
51/100
Elementary School R
Grades M–M · 3.2 mi
City
Green Cove Springs
Phone
(904) 336-6853
51/100
R. C. Bannerman Learning Center
High · Grades 06–12 · 0.6 mi
City
Green Cove Springs
Students
150
Student body
67% White · 19% Black · 8% Hispanic / Latino
Free/reduced lunch
78%
Phone
(904) 336-4975

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/03/2026Price change$409,500
06/05/2026Listed for sale$429,500

Listed by DOUGLAS ADDEO · COMMUNITY REALTY ASSOCIATES · 5612186558

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, realMLS. All rights reserved.

Last Updated: September 22, 2026 at 6:33 PM | Source: realMLS | MLS#: 2148996

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