129 N Market Street, Jacksonville, FL

$1,300,000

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10,647

Square feet

0.12

Acres

Summary of 129 N Market Street, Jacksonville - MLS# 2146519

129 N Market Street (zip: 32202), MLS# 2146519 is located in Jacksonville, FL.

Description of 129 N Market Street, Jacksonville - MLS# 2146519

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. Strategically 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. With 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)

Features of 129 N Market Street

MLS® # 2146519
Price $1,300,000
Square Footage 10,647
Acres 0.12
Year Built 1904
Type Commercial Sale
Sub-Type Hotel/Motel
Status Active

Community Information : Jacksonville

Address 129 N Market Street
Area 073-Downtown Jacksonville-Northbank
City Jacksonville
County Duval
State FL
Zip Code 32202

Amenities of 129 N Market Street

Amenities Management - Full Time, Management - On Site
Parking Other, Off Street
Is Waterfront No
Has Pool No

Interior of 129 N Market Street

Heating Central
Cooling Central Air
Fireplace No

Exterior of 129 N Market Street

Lot Description Other
Construction Concrete

Additional Information On 129 N Market Street

Date Listed September 8th, 2026
Days on Market 1
RE / Bank Owned No
Age Restriction No
New Construction No

Listing Details of 129 N Market Street

OfficeTHE LEGENDS OF REAL ESTATE

Listing Map of 129 N Market Street

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129 N Market Street Jacksonville FL 32202 - MLS# 2146519

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