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129 N Market St, Jacksonville, FL 32202
129 N Market St, Jacksonville, FL 32202
Sold for $850,000
129 N Market St, Jacksonville, FL 32202
Sold for $850,000
129 N Market St, Jacksonville, FL 32202
129 N Market St, Jacksonville, FL 32202
129 N Market St, Jacksonville, FL 32202
129 N Market St, Jacksonville, FL 32202

129 N Market St Jacksonville, FL 32202

$850,000

CLOSED
Beds
Baths
0
Sqft
10,647
Acres
0.12
Year
1904
Close Date
Sep 30, 2026
Property Type
Commercial Sale
Sub Type
Hotel/Motel
Per Square Foot
$80
Date Listed
May 19, 2026

Description of 129 N Market St, Jacksonville, FL 32202

Listing details for 129 N Market St, Jacksonville, FL 32202 : 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 accessibility, 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)
Listing Updated : 10-01-2026 at 2:56 PM EDT
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by realMLS.
Listing Provided By

TROY SMITH, THE LEGENDS OF REAL ESTATE

Properties displayed may be listed or sold by various participants in the MLS

Source

realMLS, MLS#: 2146519

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Property History

DateEventPrice
9/30/2026
Sold
$850,000 -22.7%
$80/sqft
Source:realMLS #2146519
9/19/2026
Pending sale
$1,100,000 0%
$103/sqft
Source:realMLS #2146519
9/14/2026
Price Change
$1,100,000 -15.4%
$103/sqft
Source:realMLS #2146519
9/8/2026
Listed for sale
$1,300,000 0%
$122/sqft
Source:realMLS #2146519
7/16/2026
Pending sale
$1,300,000 0%
$122/sqft
Source:realMLS #2146519
7/14/2026
Listed for sale
$1,300,000 0%
$122/sqft
Source:realMLS #2146519
7/8/2026
Status change
$1,300,000 0%
$122/sqft
Source:realMLS #2146519
5/19/2026
Listed for sale
$1,300,000
$122/sqft
Source:realMLS #2146519

Location of 129 N Market St, Jacksonville, FL 32202

Streetview of 129 N Market St, Jacksonville, FL 32202

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