PENDING

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$1,100,000

Listing Price

37beds

9baths

10,647sqft

5,383sqft lot

129 N Market St, Jacksonville, FL 32202

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Pending

Off Market

Single Family

Home type

--

Price / sqft

1904

Year built

Home Details

Prime investment opportunity in the heart of Downtown Jacksonville! The Palms Hotel is a 3-story income-producing commercial property positioned in a high-visibility, high-demand location with strong cash flow potential. This established asset offers immediate income with upside for increased revenue through operational improvements, repositioning, or redevelopment opportunities.nnStrategically located near Jacksonville's business district, entertainment venues, dining, and major transportation corridors, this property benefits from consistent traffic and strong area growth. The building features multiple guest accommodations, on-site amenities, and excellent accessibility, making it ideal for investors seeking stable income in a growing urban market.nnWith Downtown Jacksonville continuing to expand through redevelopment and economic growth, this property presents an exceptional opportunity for hospitality investors, owner-operators or portfolio expansion. Financials available upon request. Serious inquiries only must be pre approved with evidence (No Creative Financing or Subject - Deal)

Interior Details

Square Feet
  • 10647

Bedrooms
  • 37

Bathrooms
  • 9

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5383

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 3

Style
  • N/A

Exterior
  • Concrete Block

Foundation
  • N/A

Roof
  • Flat

Roofing Material
  • Builtup (layered Asphalt)

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$7,784

$78,420

$349,374

--%

$427,794

2019

$7,881

$78,420

$349,211

--%

$427,631

2018

$7,809

$78,420

$341,492

--%

$419,912

2017

$8,231

$78,420

$336,050

--%

$414,470

2016

$7,958

$78,420

$315,174

--%

$393,594

2014

$7,320

$0

$0

--%

$351,598

2013

$6,963

$0

$0

--%

$330,609

2012

$6,797

$0

$0

--%

$342,306

percent-home-icon

Average Home Price in 32202

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,100,000

37 Beds

9 Baths

10,647 Sqft

5,383 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,100,000
$
Down payment
220,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
6,600
$
HOA (Monthly)
0
$
PMI
0
$
$7,121
Your Payment
Total Monthly Payment:$7,121
Percent of Income:122%
Affordable:No

Details for 129 N MARKET ST

Property Debt

Foreclosure Contact Details