$6,500,000 Price Analysis    ♡   Jacksonville Beach, FL 32250 Unknown bed None bath 8,993 SqFt ($722/SqFt) 0.35 acre lot. Built 1956 Listed 2024-02-29, Taxes $60,012 | Ⓧ USDA Ineligible due to price & location near Jacksonville Beach |
Discover your own piece of paradise in Jacksonville Beach
Florida! This extraordinary property, nestled along the pristine coastline, presents breathtaking ocean views from various balconies, providing an enchanting living experience. Occupying a .3 acre lot with an impressive 65 feet of unobstructed beach frontage, this multifamily gem appeals to those seeking a blend of luxury and lucrative investment prospects. Comprising six meticulously renovated income-producing units, each showcasing modern, lavish finishes and appliances, this property establishes a new standard for sophisticated coastal living. Moreover, there's an exciting potential to transform a sizeable 1, 000 square foot storage unit into a seventh income-generating space, maximizing your investment. The current owner has successfully implemented a short-term rental strategy, taking advantage of the prime location and oceanfront allure.
With over $100k in secured future bookings, this turnkey investment ensures immediate returns and financial details are available upon request. Notable features of this exceptional property include: Two units with oceanfront patios, providing the perfect setting to savor the ocean breeze and the soothing sounds of waves. A mix of (3) three-bedroom/three-bathroom and (3) two-bedroom/two-bathroom units, offering ample space and comfort for residents and guests. Potential for further development, whether through constructing single-family condos or additional units, allowing you to tap into the demand for beachfront living. Convenient proximity to local amenities such as restaurants, coffee shops, bars, golf courses, boat ramps and fshing access, ensuring residents and guests can enjoy the best of Jacksonville Beach. Seize this unparalleled opportunity to own Northeast Florida's premier short-term rental property, where luxury converges with income potential in one of t he Sunshine State's most sought-after beachfront destinations. All furniture, contents and linens convey with the sale.
Presented by Kyle Bosworth at
COMPASS FLORIDA LLC.
Property MLS #2011367 from realMLS
Electric Range
Electric Water Heater
Microwave
Refrigerator
Heating Features: Central
Heating: Yes
Bedroom 2 Sqft: 1200
Bedroom 3 Sqft: 1000
Bedroom 4 Sqft: 1550
Road Frontage Type: City Street
Road Surface Type: Asphalt
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
High School: Duncan Fletcher
Middle School: Duncan Fletcher
Map directions Map directions Map directions Map directionsBedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Unit-2 Description: Recently Renovated ocean front townhome
Unit-3 Description: Recently renovated with ocean view
Unit-4 Description: Recently renovated with ocea townhome
Unit-3 Furnished Description: Furnished
Unit-4 Furnished Description: Furnished
Unit-5 Furnished Description: Furnished
Unit-6 Furnished Description: Furnished
Unit 1 Total Actual Rent: 6800
Unit 2 Total Actual Rent: 7500
Unit 3 Total Actual Rent: 4900
Unit 4 Total Actual Rent: 7000
Source Listing Status: Active
County: Duval
Current Use: Commercial, Hotel/Motel, Multi-Family, Residential
Directions: From A1A, turn east on 8th Ave South. Property located at end of 8th Ave. SE corner of 1st St S and 8th Ave S.
Tax Year: 2023
Source Property Type: Residential Income
Area: 212-Jacksonville Beach-SE
MLS Area Minor: 212-Jacksonville Beach-SE
Source Neighborhood: Pablo Beach South
Parcel Number: 1760800000
Subdivision: Pablo Beach South
Zoning Description: Multi Family
Property Subtype: Multi Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,383,258 + $2,000,700 $3,383,958 | $60,012 |
| 2021 | $unknown + $unknown $1,686,656 | $36,698 |
| 2020 | $132,834 + $1,400,490 $1,533,324 | $28,077 |
| 2019 | $124,860 + $1,400,490 $1,525,350 | $28,324 |
| 2018 | $115,162 + $1,400,490 $1,515,652 | $28,383 |
| 2017 | $296,876 + $1,111,500 $1,408,376 | $26,668 |
| 2016 | $265,902 + $1,111,500 $1,377,402 | $26,264 |
| 2015 | $unknown + $unknown $1,333,187 | $26,234 |
| 2014 | $unknown + $unknown $1,211,989 | $23,999 |
| 2013 | $unknown + $unknown $1,205,785 | $24,111 |
| 2012 | $unknown + $unknown $1,217,077 | $22,887 |
| 2011 | $unknown + $unknown $1,636,935 | $30,705 |
| 2010 | $unknown + $unknown $1,642,162 | $31,420 |
| 2009 | $unknown + $unknown $1,641,955 | $28,403 |
| 2008 | $unknown + $unknown $1,642,286 | $27,752 |
| 2007 | $unknown + $unknown $2,225,298 | $37,950 |
$6,500,000
realMLS
Sold 2021-06-14
$3,650,000
realMLS
Sold 2016-09-20
$1,850,000
realMLS
Listed 2016-07-18
$1,900,000
realMLS
Sold 1995-11-08
$370,000
Public Record
Sold 1989-03-01
$415,000
Public Record
Year Built: 1956
Building Exterior Type: Stucco
Construction Materials: Stucco
Levels: Two
Property Age: 68
Roof: Shingle
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.