553597 US Highway 1 Hilliard, FL 32046
Property details
About 553597 US Highway 1
Investment Opportunity in Hilliard, FL: A 18-Unit Multifamily Gem Discover a lucrative investment opportunity in the heart of Hilliard, Florida, with this impressive 18-unit multifamily building available for $1,299,900. This property boasts a remarkable yearly return on investment (ROI) of over 13% yearly, making it a standout addition to your real estate portfolio. With a prime location just off Highway 1, you're only minutes away from the Georgia border and a quick 25-minute drive to Jacksonville, making it an ideally situated asset for both tenants and investors alike. The building features two spacious 3-car garages, offering added value and flexibility for potential use as storage units, additional apartments, or even a coin laundry facility. This property has several long term tenants who pay on time! Property also has many updates including new roof in 2017, new well pump in 2024, new flooring in 2020, new toilets and sinks in 2020, New AC units in 2022.
Highlights
Summary
- Full Bathrooms: 5
- Appliances: Electric Oven, Electric Range, Electric Water Heater, Freezer, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer, Water Softener
- Flooring Type: Laminate, Tile, Vinyl
- Total Bedroom Count: 337
- Garage Space: 6 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Additional Parking, Attached, Carport, Circular Driveway, Covered, Detached, Garage, Garage Door Opener, Guest, Off Street, Parking Lot, RV Access/Parking, Shared Driveway, Unassigned, Varies by Unit
- Exterior: Fire Pit
- Heating: Varies By Unit
- Cooling: Electric, Wall/Window Unit(s)
- List Price: $1,299,900
- Price/SqFt: $227
- Annual Tax Amount: $3,755
- Tax Year: 2023
- Lot: Cleared, Few Trees, Irregular Lot
- Directions: From CR-108 head north on US-1.
- Year Built: 1952
- Stories: 2
- Living Area: 5,724 SqFt
- Lot Size: 2.11 Acres
- MLS Number: 2080126
- MLS Name: realMLS (Northeast Florida Multiple Listing Service)
- Office Name: US REALTY HUB
- Office Phone: (407) 900-1001
- Office Email: Info@USRealtyHub.com
- Listing Agent: DANIEL COLOMBO
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Last updated on: 5/11/2025, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,299,900
553597 US Highway 1
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $235,304 | $3,755 |
2022 | $167,257 | $2,285 |
2021 | $130,083 | $2,285 |
2020 | $122,375 | $2,046 |
2018 | $119,979 | $1,960 |
2017 | $116,854 | $1,169 |
History based on county public records data.
Nearby schools
8
Hilliard Elementary School
Public District KG-5
3.3 mi
•27568 Ohio St
8
Folkston Elementary School
Public District PK-3
6.7 mi
•34754 Okefenokee Dr
9
Callahan Intermediate School
Public District 3-5
13.4 mi
•34586 Ball Park Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,318. The most common annual income of people living in Hilliard, FL is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.
This home is located at 553597 US Highway 1 in Hilliard, FL and zip code 32046. This 5,724 square foot home, which was built in 1952, sits on a 2.11 acre lot. Features: 337 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 6, 2025 and is currently priced at $1,299,900.
In April 2025, from all listings sold in Hilliard, FL there were more than 1 sold above asking price, over 2 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Hilliard, FL decreased by 13% between March and April 2025. Listings spent 82 days on the market in April 2025, and had a median list price of $494,900 during the same period.