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111 CHERRY Street, Neptune Beach, FL, 32266

5beds
5baths
2,984sqft
$2,500,000
$838price/sqft
$17,487/moest. monthly cost
$699,480/yrincome needed

About This Home

Stunning 5 bedroom / 5 bathroom 2,984 SF ocean-view home just steps from the sand at Neptune Beach! Custom built in 2012 with wonderful architectural details, this multi-generational layout features 3BR/3BA on the ground floor & 2BR/2BA upstairs - or 'his & hers' master suites! Enjoy ocean views from the screened patio and from the rooftop deck with jacuzzi. The home features elevator access, a central vacuum, gas cooktop in the kitchen & dual tankless gas water heaters, an outdoor shower and engineered hardwood & tile floors throughout the 2nd floor. Designed and built to last with sturdy concrete block 1st floor & poured concrete under the 2nd floor for minimal sound transfer, this home requires no flood insurance as it sits on one of the highest points in Neptune Beach. Relax on the beach or take a short stroll to the amazing beaches Town Center dining & nightlife!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

8/10
5/10

Construction

Condition

  • Year built: 2012

Materials

  • Roof: Metal
  • Construction materials: Concrete,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Electric Oven,Gas Cooktop,Gas Water Heater,Instant Hot Water,Microwave,Refrigerator,Tankless Water Heater,Washer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Breakfast Bar,Ceiling Fan(s),Central Vacuum,Elevator
  • Window features: Storm Shutters
  • Flooring: Concrete,Tile,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,984 sqft

Property

Details

  • Parcel number: 1727520000

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Balcony
  • Fencing: Back Yard,Privacy
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 50 x 91

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Duval County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,641$151,692
Home Insurance *$1,040$12,480
Property Taxes $3,506$42,072
Electricity $300$3,603
Total$17,487$209,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$599,554/yr
40% on housing$524,610/yr
45% on housing$466,320/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$838This listing

vs Other Active Listings

Avg $/sqft

ZIP 32266$426
Duval County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 32266$486
Duval County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-02Price change$2,775,000
2026-02-23Price change$2,875,000
2025-10-30Price change$2,975,000
2025-04-18Listed for sale$3,250,000
2011-07-27Listing removed$385,000
2011-04-08Listed for sale$385,000
2011-03-02Listing removed$385,000
2011-01-27Listed for sale$385,000
2010-12-30Sold$385,000
2010-07-03Price change$499,900
2010-06-24Price change$510,000
2010-05-20Price change$540,000
2009-09-06Listed for sale$560,000
2008-07-11Listing removed$895,000
2008-02-11Price change$895,000
2007-11-11Price change$900,000
2007-11-09Listed for sale$1,200,000

For Sale by Agent

AgentStephen L Carroll
BrokerageSELECT REALTY LLC

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