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311 W ASHLEY Street 701 A&B, Jacksonville, FL 32202 (MLS# 2149099)


$299,900
311 W ASHLEY Street 701 A&B
Jacksonville, FL 32202
MLS# 2149099
2 beds  |  2 baths  |  187700 sqft


Incredible house-hack or savvy investor opportunity in the heart of downtown Jacksonville, Florida! Welcome to Unit 701 at 311 West Ashley Street, a unique dual-key condo duplex configuration that offers unparalleled cash-flow potential and portfolio flexibility. This masterfully designed property sits behind a single secure entry door but splits seamlessly into two entirely self-contained, high-end living units: Unit A (a spacious one-bedroom apartment) and Unit B (a fully modernized, turn-key studio suite). Perfect for an owner-occupant looking to live in one side while letting a tenant pay the mortgage, or for a portfolio investor aiming to maximize rental yields in a high-demand, walkable urban core neighborhood. Enjoy a hands-off asset featuring updated infrastructure, contemporary finishes, low monthly maintenance, and an unbeatable location just steps from major downtown employers, upscale dining, entertainment districts, and transit.
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Incredible house-hack or savvy investor opportunity in the heart of downtown Jacksonville, Florida! Welcome to Unit 701 at 311 West Ashley Street, a unique dual-key condo duplex configuration that offers unparalleled cash-flow potential and portfolio flexibility. This masterfully designed property sits behind a single secure entry door but splits seamlessly into two entirely self-contained, high-end living units: Unit A (a spacious one-bedroom apartment) and Unit B (a fully modernized, turn-key studio suite). Perfect for an owner-occupant looking to live in one side while letting a tenant pay the mortgage, or for a portfolio investor aiming to maximize rental yields in a high-demand, walkable urban core neighborhood. Enjoy a hands-off asset featuring updated infrastructure, contemporary finishes, low monthly maintenance, and an unbeatable location just steps from major downtown employers, upscale dining, entertainment districts, and transit. A look at the brilliant layout showing the primary entrance door opening into a secure, private vestibule that splits into the independent entryways for Unit A and Unit B. This innovative dual-key floor plan delivers maximum privacy for roommates, tenants, or multi-generational families. It functions exactly like a traditional duplex but enjoys all the structural protections, hands-off exterior maintenance, and upscale community amenities of a premier downtown condominium building. Ideal for short-term rental hosting, long-term corporate leasing, or a highly efficient live-work setup. Step inside the expansive, sun-drenched main living space of Unit 701-A, the primary 1-bedroom layout. This open-concept room features soaring ceilings, a neutral color palette, durable low-maintenance flooring, and large windows that frame vibrant urban city views of the Jacksonville skyline. The versatile footprint offers plenty of space for a full living room set, an entertainment center, and a dedicated home office area, making it highly attractive to urban professionals, digital nomads, and traveling healthcare executives demanding style, space, and a premium location. This wide-angle perspective showcases the seamless architectural flow between the kitchen and the main lounge in Unit 701-A. By eliminating restrictive walls, this modern layout maximizes every square inch of usable space, allowing natural light to cascade throughout the entire floor plan. It provides the ideal backdrop for casual daily living, hosting friends before a night out downtown, or relaxing in a quiet oasis high above the bustling city streets. Looking back across the 701-A living area toward the entry vestibule, highlighting the clean structural lines and smart room division. This unit offers excellent insulation from city noise, creating a peaceful interior environment. Capitalize on Jacksonville's rapidly growing downtown real estate market with a property that effortlessly checks every box for discerning modern tenants who prioritize style, functionality, and immediate proximity to the metropolitan core. The beautifully updated kitchen in Unit 701-A is a tenant magnet. Outfitted with crisp, modern white cabinetry, updated countertops, a deep stainless steel under-mount sink, an updated faucet, and a clean white subway tile backsplash that adds a classic touch. Featuring reliable appliances and ample prep space, this kitchen blends timeless aesthetic charm with modern culinary utility, guaranteeing premium rental rates and low vacancy cycles. The private primary bedroom of Unit 701-A is generously proportioned, comfortably accommodating a queen or king-sized bed alongside nightstands and additional dressers. Boasting a large window for a bright daytime feel, a modern ceiling fan for year-round energy efficiency, and a deep closet. This room offers a genuinely quiet, comfortable, and restorative retreat at the end of a busy day in the city. Alternate view of the 701-A master bedroom demonstrating its square floor plan and excellent wall space for an entertainment center, dresser, or an additional work-from-home desk setup. Clean modern baseboards, updated lighting, and pristine walls ensure this room is completely turn-key and move-in ready for an owner-occupant or immediate rental placement on day one. A stunning look at the fully independent, updated kitchen designated entirely for the Unit 701-B studio suite. This highly functional space boasts warm butcher-block style countertops, a classic white subway tile backsplash, crisp white cabinets, and specialized floating shelves for open storage. By providing a true, self-contained kitchen area, this studio functions as a high-value standalone apartment, commandingly boosting your gross monthly rental revenue. Storage is paramount in urban properties, and Unit 701-B delivers with this deep walk-through closet space. Complete with custom built-in shelving, hanging rods, and independent organizers, it effortlessly handles a full wardrobe and personal storage needs. This thoughtful architectural touch optimizes the liveability of the studio apartment, making it a favorite for long-term urban residents. Skip the expensive gym memberships! Residents of Unit 701 enjoy full access to the building's common area level 1 fitness center. Equipped with premium free weights, a punching bag, heavy-duty workout benches, and cardio gear, this secure on-site amenity adds substantial lifestyle value for tenants and serves as a major marketing highlight that keeps turnover low and property values high. The clean, bright, and secure level 1 community laundry room provides absolute daily convenience. Maintained by the association, these commercial-grade washing machines and heavy-duty dryers ensure residents never have to leave the comfort and safety of the building for laundry day, providing a clean and organized utility environment that tenants deeply appreciate. Welcome home to historic urban elegance. The building’s secure common entrance lobby greets residents and guests with timeless checkered tile flooring, secure access control systems, bright lighting, and elevator access. This well-maintained, professional entryway offers peace of mind, high security, and an immediate sense of pride of ownership the second you step inside. Exterior view showcasing the concrete architectural profile of this iconic mid-rise downtown condominium building. Positioned on a prominent, high-visibility corner, this structurally sound building stands as a testament to classic urban design, offering long-term investment durability, stable construction, and premier placement within Jacksonville’s expanding metro core market. Street-level neighborhood view highlighting the leafy, tree-lined sidewalks surrounding the property. This prime downtown location boasts exceptional walkability, placing you just blocks away from vibrant local coffee shops, fine dining, corporate headquarters, live music venues, parks, and the beautiful St. Johns River waterfront district. An elevated view of the Jacksonville skyline directly outside the property area, emphasizing the exciting urban energy of the neighborhood. This central location ensures steady rental demand from corporate professionals, medical staff, tech workers, and city lovers wanting to live in the beating heart of the town. A clear structural overlay diagram proving the true duplex layout of Unit 701 at 311 West Ashley Street. See exactly how the smart dual-key architecture maximizes space, giving you two independent income-producing streams (Unit A and Unit B) under one legal condo parcel. Don't miss out on this elite downtown investment property—schedule your private tour today!

Property Description
Duplex 2 of 2 of portfolio: Incredible investment or house-hacking opportunity in Downtown Jacksonville! This unique dual-key condo configuration is perfect to live in one side while a tenant covers costs, or an investor maximizing yields via STR, MTR, or LTR near the massive Gateway Jax project. Can be purchased with Duplex 1 (Units 305 A&B - two 1/1s). Behind a single secure entry, the property splits into two turnkey units with independent keyless entries. Unit A is a 1BR/1BA with a bright living space, city views, and renovated kitchenette. Unit B is a studio suite with an updated kitchenette and built-in closet storage. Unit A is a proven LTR @ $1350/mth; Unit B offers immediate value-add. Perfect flexibility for Airbnb or Furnished Finder in a prime neighborhood for traveling nurses. Proforma cap rate is 7.4%. Enjoy secure mid-rise living with a gym and laundry. Minutes to UF Health, Baptist Medical Center, and Duval County Courthouse. Cash only.

Details
Maps
Contract Information
Current Price: $299,900
Property Sub Type: Condominium
Property Attached YN: Yes
Status: Active
List Price: $299,900
Listing Contract Date: 2026-06-04
Unit Type: Exterior Unit
Location Tax and Legal
Street Number: 311
Street Direction Prefix: W
Street Name: ASHLEY
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32202
MLS Area Major: 073-Downtown Jacksonville-Northbank
Subdivision Name: Residences At City Place
General Property Information
Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1026
Living Area Source: Assessor
Building Area Total: 187700
Year Built: 1949
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 950.92
Association Fee Frequency: Monthly
Association Name: Residences at City Place Condominium Association
Association Phone: (904) 420-0152
CDD Fee YN: No
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Furnished
Stories: 1
Stories Total: 17
Entry Level: 7
Senior Community YN: No
Directions: From I-95, take Exit 353B toward W Union St. Continue straight on W Union St. Right on N Laura St. Right on W Ashley St, City Place will be on your right. Street parking via ParkMobile app, M-F 8am-6pm.
Public Remarks: Duplex 2 of 2 of portfolio: Incredible investment or house-hacking opportunity in Downtown Jacksonville! This unique dual-key condo configuration is perfect to live in one side while a tenant covers costs, or an investor maximizing yields via STR, MTR, or LTR near the massive Gateway Jax project. Can be purchased with Duplex 1 (Units 305 A&B - two 1/1s). Behind a single secure entry, the property splits into two turnkey units with independent keyless entries. Unit A is a 1BR/1BA with a bright living space, city views, and renovated kitchenette. Unit B is a studio suite with an updated kitchenette and built-in closet storage. Unit A is a proven LTR @ $1350/mth; Unit B offers immediate value-add. Perfect flexibility for Airbnb or Furnished Finder in a prime neighborhood for traveling nurses. Proforma cap rate is 7.4%. Enjoy secure mid-rise living with a gym and laundry. Minutes to UF Health, Baptist Medical Center, and Duval County Courthouse. Cash only.
List Price/SqFt: 292.3
Status Change Information
Major Change Timestamp: 2026-06-05T22:04:41Z
Major Change Type: New Listing
DPR Eligible
DPR Eligible: Yes
Room Types
Bathroom 1 Level: Main
Bathroom 2 Level: Main
Bedroom 1 Level: Main
Living Room Level: Main
Other Room Level: Main
Property Features
Architectural Style: Multi Generational
Levels: One
Property Condition: Updated/Remodeled
Rental Restrictions: No Minimum
Appliances: Electric Cooktop; Electric Water Heater; Microwave; Refrigerator
Interior Features: Ceiling Fan(s); Entrance Foyer; Guest Suite; In-Law Floorplan; Primary Bathroom - Tub with Shower; Primary Downstairs; Smart Thermostat; Split Bedrooms
Laundry Features: Lower Level
Utilities: Electricity Connected; Sewer Connected; Water Connected
Cooling: Central Air; Electric
Heating: Central; Electric
Water Source: Public
Sewer: Public Sewer
Smart Home Features: Programmable Thermostat
Security Features: Carbon Monoxide Detector(s); Entry Phone/Intercom; Fire Alarm; Fire Sprinkler System; Firewall(s); Key Card Entry; Secured Lobby; Smoke Detector(s)
Parking Features: On Street; Parking Lot; Unassigned
Lot Features: Corner Lot
Current Use: Residential
Association Amenities: Clubhouse; Elevator(s); Fitness Center; Laundry; Management - Off Site; Management - On Site; Management - Part Time; Security; Trash; Water
Association Fee Includes: Maintenance Grounds; Maintenance Structure; Pest Control; Security; Trash; Water
Community Features: Curbs; Restaurant; Sidewalks; Street Lights
Road Frontage Type: City Street
Road Surface Type: Paved
Possession: Close Of Escrow
Listing Terms: Cash; Other
Showing Requirements: Other
Room Types: Bathroom 1; Bathroom 2; Bedroom 1; Living Room; Other Room
Room Information
Room Name Level Length Length Width Width Remarks
Living RoomMain18.5018.5014.1014.10Unit A
Bedroom 1Main13.7013.7010.7010.70Unit A
Bathroom 1Main7.407.405.005.00Unit A
OtherMain16.5016.5015.6015.60Unit B (Studio)
Bathroom 2Main7.407.405.005.00Unit B

Listing Office: JPAR CITY AND BEACH

Last Updated: June - 05 - 2026

Information deemed reliable but not guaranteed.