8
Beds
4
Baths
3,368
Square feet
0.25
Acres
Description of 720 Walnut Street, Green Cove Springs - MLS# 2148996
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.
Features of 720 Walnut Street
| MLS® # | 2148996 |
|---|---|
| Price | $409,500 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,368 |
| Acres | 0.25 |
| Year Built | 1939 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information : Green Cove Springs
| Address | 720 Walnut Street |
|---|---|
| Area | 161-Green Cove Springs |
| Subdivision | **verifying Subd** |
| City | Green Cove Springs |
| County | Clay |
| State | FL |
| Zip Code | 32043 |
Amenities of 720 Walnut Street
| Utilities | Cable Available |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
| Gated Community | No |
| Senior Community | No |
| Guest House | No |
Interior of 720 Walnut Street
| Heating | Other |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Has Fireplace | No |
Exterior of 720 Walnut Street
| Lot Description | Historic Area |
|---|---|
| Roof | Metal |
| Construction | Vinyl Siding |
School Information of 720 Walnut Street
| Elementary | Charles E. Bennett |
|---|---|
| Middle | Green Cove Springs |
| High | Clay |
Additional Information On 720 Walnut Street
| Date Listed | June 5th, 2026 |
|---|---|
| Days on Market | 96 |
| RE / Bank Owned | No |
| Has HOA | No |
| Has CDD Fee | No |
Listing Details
| Office | COMMUNITY REALTY ASSOCIATES |
|---|
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