720 Walnut StreetGreen Cove Springs, FL 32043Price: $429,500

  • Price: $429,500
  • Est. Mortgage of $/month
  • 3 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $429,500List Price
  • 4Full Bath
  • 3,368Square Feet
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: o Keep as residential multi-family: Stable cash-flowing quadruplex in a high-demand rental corridor ,near Spring Park and the St. Johns River. o Convert to professional office or retail: CBD zoning permits commercial pivots -- law, medical, boutique retail, and more.o Mixed-use redevelopment: Ground-floor commercial with residential above -- a true ''missing middle'' asset in the Historic District. o 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. o Laundry hookup in each unit o Termite bond in place o Community front porch + picnic area o Vinyl siding o Off-street parking for 8 o 4-point inspection done (3 yrs ago, no issues) o 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.

Property Details of 720 Walnut Street

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by DOUGLAS ADDEO of COMMUNITY REALTY ASSOCIATES

 "Based on information submitted to Northeast Florida Association of REALTORS as of June 7, 2026 3:46 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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