720 Walnut Street, Green Cove Springs, FL

Summary of 720 Walnut Street, Green Cove Springs - MLS# 2148996

720 Walnut Street (zip: 32043), MLS# 2148996 is located in the **verifying Subd** neighborhood of Green Cove Springs, FL. This Residential Income home is 3,368 sq. ft., with 8 bedrooms and 4 bathrooms.
This property was constructed in 1939 and has been on the market for 96 days.
The property is currently listed at $409,500 and recently experienced a price decrease of $20,000 on August 3, 2026.
Nearby schools include Charles E. Bennett, Green Cove Springs, Clay.

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.

Listing Map of 720 Walnut Street