Fully occupied five-unit multifamily investment located at 822 1st Street in the heart of Neptune Beach. This property features three 2BR/1BA units and two 1BR/1BA units, all currently leased and producing $12,095 per month in gross rental income. Situated on an oversized 85' x 100' lot with 85 feet of frontage along 1st Street, the property offers strong long-term value supported by land, location, and income. Ideally located near the ocean with walkable access to dining, shopping, and local amenities in one of Northeast Florida's most desirable coastal markets. Ideal opportunity for investors seeking immediate cash flow with future upside.