# 720 WALNUT Street, Green Cove Springs, FL 32043

> **TL;DR:** 8bd/4ba residential multi family, $429,500 ($128/sqft), built 1939, 3,368 sqft.
> A/C. Est. $1,861/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $429,500 |
| Price/sqft | $128 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Square Feet | 3,368 |
| Year Built | 1939 |
| Lot Size | 10,890 sqft (0.25 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,861 |
| **Total** | **$1,861** |

## Nearby Schools

- **Elementary:** Charles E. Bennett
- **Middle:** Green Cove Springs
- **High:** Clay

## Key Amenities

- A/C

## Property Highlights

- Built in 1939
- 0.25 acre lot

## Description

### Agent Description
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 - Termite bond in place - 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.

## Location

- **Address:** 720 WALNUT Street, Green Cove Springs, FL 32043
- **County:** Clay
- **Neighborhood:** **verifying Subd**
- **Coordinates:** 29.992775, -81.683256
- **Google Maps:** https://www.google.com/maps?q=29.992775,-81.683256

## Listing Agent

- **Name:** DOUGLAS ADDEO
- **Brokerage:** COMMUNITY REALTY ASSOCIATES
- **Phone:** 5612186558
- **Email:** addeod@comcast.net

## Primary Photo

![720 WALNUT Street - Primary Photo](http://lh.rdcpix.com/db546cf037103297f7c2c11e8ee5252fl-f3486097103r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/720-walnut-street-green-cove-springs-fl-32043-2148996)*

---

**MLS#:** 2148996 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/720-walnut-street-green-cove-springs-fl-32043-2148996)

---

## Structured Data

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  "name": "720 WALNUT Street, Green Cove Springs, FL 32043",
  "description": "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 -- ",
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  "datePosted": "2026-06-18",
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