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… Read More 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) Read Less
This data up-to-date as of . Listing courtesy of THE LEGENDS OF REAL ESTATE.
Listing Snapshot
Days Online
94
Last Updated
Property Type
Commercial Sale
Lot Size
0.12 Acres
Year Built
1904
MLS Number
2146519
Additional Details
Building
Built in 1904, Living area: 10,647, Association amenities: Management - On Site, Management - Full Time
Cooling
Central Air
Accessibility Features
Accessibility features: Accessible Washer/Dryer, Common Area
Heating
Central
Lot
0.12 acres, 5,227 square feet, Area: 0.12, Other
Parking
Other, Off Street
Sewer
Public Sewer
Taxes
Tax annual amount: $10,778, Tax year: 2025
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Data last updated . Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Source: Northeast Florida MLS Data last updated:
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