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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 access...ibility, 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)

REAL MLS, MLS#: 2146519
Listed By: THE LEGENDS OF REAL ESTATE, TROY SMITH
Sold By: THE LEGENDS OF REAL ESTATE, TROY SMITH

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Accessibility Features

  • Accessible Washer/Dryer
  • Common Area

Association Amenities

  • Management - On Site
  • Management - Full Time

Building Features

  • Lobby
  • Separate Office Area

Construction Materials

  • Concrete

Cooling

  • Central Air

Heating

  • Central

Lot Features

  • Other

Parking Features

  • Other
  • Off Street

Road Frontage Type

  • City Street

Sewer

  • Public Sewer

WaterSource

  • Public
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Listed By:
THE LEGENDS OF REAL ESTATE
TROY SMITH

Sold By:
THE LEGENDS OF REAL ESTATE
TROY SMITH

Data Source: REAL MLS

MLS#: 2146519

Data Source Copyright: © 2026 REAL MLS All rights reserved.

© 2026 REAL MLS. All rights reserved. This MLS was last updated on 11/07/2026 08:17 AM CST

This property was listed on 9/8/2026 and last updated as of 10/1/2026 6:29:08 PM. OSI IDX updated the data from REAL MLS on 11/7/2026 at 4:21 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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