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616 & 618 MARTIN LUTHER KING JR Drive, Baldwin, FL, 32234

4beds
4baths
2,100sqft
$350,000
$167price/sqft
$2,429/moest. monthly cost
$97,160/yrincome needed

About This Home

Exceptional New Construction Duplex Investment Opportunity! Welcome to 616 & 618 Martin Luther King Jr. Drive in Baldwin, Florida. This brand-new duplex is being sold as one property and features two units, each offering 2 bedrooms, 2 bathrooms, and approximately 1,050 square feet of living space. Each unit includes an open-concept floor plan, spacious kitchen with stainless steel appliances, ceiling fans, and a dedicated laundry room with a utility sink. Separate electric and water meters provide convenience and flexibility for ownership and management. Enjoy the benefits of low-maintenance new construction with no HOA. Situated on approximately 0.11 acres, this turnkey property offers excellent income potential and convenient access to I-10, Jacksonville, and local amenities. Whether you're an investor looking to expand your portfolio or seeking a property with rental opportunities, this duplex is a must-see!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

Construction

Condition

  • New construction: Yes

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,In Unit,Sink,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 2,100 sqft

Property

Details

  • Parcel number: 0004360035
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,791 sqft
  • Features: Cleared

Parking

  • Total spaces: 4
  • Parking features: Off Street

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
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Hurricane
Heat Wave
Inland Flooding
Lightning
Wildfire
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 $1,769$21,228
Home Insurance *$231$2,772
Property Taxes $218$2,616
Electricity $211$2,536
Total$2,429$29,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,280/yr
40% on housing$72,870/yr
45% on housing$64,773/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

$167This listing

vs Other Active Listings

Avg $/sqft

ZIP 32234$158
Duval County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 32234$152
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
2026-08-09Pending sale$350,000
2026-07-17Listed for sale$350,000

New Construction

AgentLISA BURSE
BrokerageUNITED REAL ESTATE GALLERY

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