$649,000 Price Analysis    ♡   Jacksonville, FL 32207 5 bed 3 bath 2,664 SqFt ($243/SqFt) 4,494SqFt lot. Built 1939 Listed 2024-04-02, Taxes $8,414 | Ⓧ USDA Ineligible due to location near Jacksonville |
Prime Investment Opportunity in San Marco.
Brand new roof as of March 2024. Rarely available and brimming with charm, this unique 1939 triplex is ideally situated in the heart of San Marco, a block from the serene St. John's River and a stone's throw from Jim Rink Park. This well-maintained multi-unit property offers excellent cash flow opportunities and it's a couple blocks from Baptist MD Anderson, local hospitals and the vibrant dining and nightlife of San Marco. The property comprises two well-maintained 2-bedroom, 1-bathroom units in a duplex, both with modern finishes and appliances updated in 2020. The lower duplex unit, currently leased at $1, 650/month on a month-to-month basis to a tenant that's been in the unit for over a year, offers 987 square feet of comfortabl living space.
The upper unit, also 987 square feet, is currently rented month-to-month to a tenant that's been in the unit for 3 years at a below-market rate of $1, 295/month, offering the potential for increased rental income. Nestled above the 3-car garage is a quaint, furnished 1-bedroom, 1-bathroom apartment, boasting 690 square feet of living space with beautifully refurbished hardwood floors. This unit is perfect for short-term rentals, currently generating $1, 300/month. All tenants have access to shared laundry facilities in the garage and a communal patio space for relaxation and entertainment. Invest in the vibrant neighborhood of San Marco, with this property's delightful blend of history, charm and income-generating potential. Contact us for more information or to arrange a viewing of this exceptional investment opportunity today!
Presented by Michael Rasmussen at
Daven Real Estate Inc.
Property MLS #O6191607 from StellarMLS
Primary Bedroom Level: First
Bedroom 1 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Family Room Level: First
Living Room Level: First
Extra Room-1 Description: Garage Apartment
Full Bathrooms: 3
Bathroom 1 Level: First
Bathroom 2 Level: Second
Furnished Description: Partially
Flooring: Laminate, Wood
Cooktop
Dryer
Electric Water Heater
Microwave
Refrigerator
Washer
Laundry Features: In Garage
Heating Features: Electric
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Lot Size Square Feet: 4494
Garage Features: 30x23
Parking Features: Alley Access, Garage Faces Rear, Off Street
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Duval
Directions: From I 95 North, take exit 348 to continue onto Acosta Expressway, then take the Mary Street exit. Immediately turn right on to San Marco Blvd. Proceed south on San Marco Blvd for half a mile. Turn right on Cedar Street. The property will be the second to last home on Cedar Street on the right side of the street.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 32207 - Jacksonville
Source Neighborhood: PHILLIPS ADD TO PALM PARK
Parcel Number: 080795-0000
Postal Code Plus 4: 8412
Subdivision: PHILLIPS ADD TO PALM PARK
Township: 02
Zoning: CRO
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $421,977 | $8,414 |
| 2021 | $291,616 + $92,000 $383,616 | $7,216 |
| 2020 | $unknown + $unknown $244,981 | $5,446 |
| 2019 | $unknown + $unknown $222,710 | $5,358 |
| 2018 | $112,584 + $89,880 $202,464 | $4,163 |
| 2017 | $101,928 + $89,880 $191,808 | $4,011 |
| 2016 | $109,272 + $89,880 $199,152 | $4,086 |
| 2015 | $unknown + $unknown $171,393 | $3,949 |
| 2014 | $unknown + $unknown $155,812 | $3,565 |
| 2013 | $unknown + $unknown $141,648 | $3,232 |
| 2012 | $unknown + $unknown $148,402 | $3,185 |
| 2011 | $unknown + $unknown $153,800 | $3,275 |
| 2010 | $unknown + $unknown $171,544 | $3,451 |
| 2009 | $unknown + $unknown $180,478 | $3,123 |
| 2008 | $unknown + $unknown $198,057 | $3,267 |
| 2007 | $unknown + $unknown $190,849 | $3,185 |
$649,000
StellarMLS
Price Changed 2024-04-03
$695,000
StellarMLS
Listed 2024-04-02
$670,000
StellarMLS
Listing removed 2020-08-12
$495,000
realMLS
Sold 2020-07-14
$450,000
Public Record
Listed 2020-05-16
$495,000
realMLS
Sold 1995-04-19
$64,700
Public Record
Sold 1977-11-23
$37,000
Public Record
Year Built: 1939
Building Area Source: Public Records
Building Area Total: 2664
Construction Materials: Brick
Direction Faces: South
Foundation Details: Crawlspace
Levels: Two
Property Age: 85
Roof: Shingle
Levels or Stories: 2
Building Total Stories: 2
Architectural Style: Colonial
Public
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.