$1,850,000
Jacksonville Beach, FL 32250
MLS# 838364
Status: Closed
15 beds | 15 baths
1 / 6
Property Description
This is the only ocean front, multi-family property for sale in Jacksonville Beach. Beach frontage is 65'. Located in residential south Jax Beach, this is an exterior quarter block with great development potential. There is a beach access walkover adjacent to the property. There are 6 large apartments with pro forma income of $129,600. 2 units are directly ocean front with large patios on the beach, have 2 Br/2 Ba and are approximately 1,200 each. 4 units are ocean side and have balconies and great ocean views on the north and south sides. One unit is 2 Br/1.5 Ba. approx. 1,000 s.f. and three are 3 Br/3 Ba, approx. 1,500 s.f. each. All units have ceramic tile flooring on ground floor. At west end of building, there is almost 1,000 s.f. of enclosed, conditioned storage.
Details
Maps
Documents
Contract Information
Current Price: $1,850,000
Sold Price: $1,850,000
Status: Closed
Listing Contract Date: 2016-07-18
Location Tax and Legal
Street Number: 801
Street Name: 1ST
Street Suffix: Street
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32250
Subdivision Name: Pablo Beach South
MLS Area Major: 212-Jacksonville Beach-SE
General Property Information
Number Of Units Total: 6
Bedrooms Total: 15
Bathrooms Total: 15
Bathrooms Full: 14
Bathrooms Half: 1
Living Area: 8993
Living Area Source: Appraiser
Year Built: 1956
Garage Spaces: 15
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Directions: From A1A, turn east on 8th Avenue South. Property is at ocean end, on south side.
Public Remarks: This is the only ocean front, multi-family property for sale in Jacksonville Beach. Beach frontage is 65'. Located in residential south Jax Beach, this is an exterior quarter block with great development potential. There is a beach access walkover adjacent to the property. There are 6 large apartments with pro forma income of $129,600. 2 units are directly ocean front with large patios on the beach, have 2 Br/2 Ba and are approximately 1,200 each. 4 units are ocean side and have balconies and great ocean views on the north and south sides. One unit is 2 Br/1.5 Ba. approx. 1,000 s.f. and three are 3 Br/3 Ba, approx. 1,500 s.f. each. All units have ceramic tile flooring on ground floor. At west end of building, there is almost 1,000 s.f. of enclosed, conditioned storage.
List Price/SqFt: 211.28
Sold Price/SqFt: 205.72
Status Change Information
Major Change Timestamp: 2016-09-20T17:56:26Z
Major Change Type: Status Change
Purchase Contract Date: 2016-07-29
Close Date: 2016-09-20
Close Price: 1850000
Income and Expenses
Gross Income: 115500
Gross Scheduled Income: 129600
Historical Information
Public Historical Remarks 1: Restrictions-Pets-No Dogs: Y, Restrictions-Number of Occupants: Y, # 3 Bedroom Units: 3, Type-Multi Units: Y, Sliding Glass Doors: Y, Annual Property Tax: 25184, Annual Fees and Income-Annual Insurance Exp: 4966, Lot Location-Suburban: Y, Present Common Exp: Electric, Number of Buildings: 1 Building, Present Rental Terms: Year, Two Bedroom Rentals: Over $1500/Month, Energy Features-Ceiling Fan(s): Y, Structure Slab: Y
Public Historical Remarks 2: Number of Units-5 - 10 Units: Y, # 2 Bedroom Units: 3, Window Treatments: Y, Annual Utilities: 1531, Present Tenant Exp: All Electric,Security Deposit,Water, Three Bedroom Rental: Over $1500/Month
Property Features
Appliances: Dryer; Electric Oven; Electric Range; Electric Water Heater; Refrigerator; Washer
Association Amenities: Beach Access; Laundry
Construction Materials: Frame
Cooling: Central Air
Flooring: Carpet; Tile
Heating: Central; Heat Pump
Listing Terms: Cash; Conventional
Owner Pays: Insurance; Other Tax; Pest Control; Trash Collection
Parking Features: Parking Lot
Pool Features: None
Possession: Other
Road Surface Type: Asphalt
Roof: Shingle; Other
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Separate Electric Meters; Separate Water Meters
View: Ocean
Water Source: Public
Waterfront Features: Navigable Water; Ocean Front
Supplements
There are 15 parking spaces. Laundry room has 2 washers and 2 driers
Disclosures 
Listing Office: FORSALEBYOWNER.COM REFERRAL SERVICES LLC
Last Updated: January - 01 - 2025
Information deemed reliable but not guaranteed.