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10 10th Street #2

Atlantic Beach, FL 32233

$1,590,000 $6,703/Mo

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Overview

Bed

Bath

1,960

Sqft

Description

The Cloister's condominium in Atlantic Beach is a direct oceanfront residence. It is a seldom offered four bedroom home. Additional attributes are that it is an end unit on the second floor of the three-story condominium building. Included are two large contiguous garage units in addition to the exclusive security gate protected private parking. The enclosed porch is available for added living area, but is not included in the overall square footage stated. This end unit facilitates multiple windows for natural light and neighborhood views as opposed to a common wall with a neighbor. It exists with the original finish having the carpeting removed to provide a blank slate for a new remodel. The 4 bedroom floorplan has an opportunity to expand the master bath into the oversized laundry room. This is not the case with the typical 3 bedroom floor plans. The Cloister's is a small intimate three story development with private pool and gated access on a beach without the crowds. It is not a high rise. The owner believes a value of $2.4 million is supported AS RENOVATED. An allowance for renovations is considered of $300,000 to arrive at $2.1 million. This is further reduced as motivation to $1.59 million as a value added opportunity. Given the unique inclusion of two contiguous garage units contributing $200,000, a remainder of a $1.39 million consideration for the 4 bedroom/end unit/2nd floor home is supported and provides a prospect for instant equity.

Property Details

Property Type : Residential

Price : $1,590,000

AD Id : 69506982

MLS Id : 2119180

Beds : 4

Living Area Size : 1,960

Year Built : 1975

County : Duval

Subdivision: The Cloister

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4

Bathroom Information

Total Baths: 2 Full Baths: 2
Interior Features

Appliances: Electric Oven, Electric Water Heater, Refrigerator
Heating & Cooling

Heating: Central, Electric Cooling: Central Air, Electric Water front: Yes WaterSource: Public

Building Information

Year Built: 1975 Stories: 3

Lot Information

Waterfront: Ocean Front Stories: 1 Main Square Feet: 1960

Property Information

Property Type: Residential Sub Type: Condominium SQ ft (Living Area): 1,960 Subdivision: The Cloister MLS Area Minor: 231-Atlantic Beach-North Source Neighborhood: The Cloister Property Age: 51

Listing Price Information

Listing Id: 2119180 ist Price: $1,590,000 List Price Tot SqFt: $811 Listing Terms Other
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 1702370016

Virtual Tour

Virtual Tour (External Link)

Parking Information

# of Garage Spaces: 4 Has Garage: Yes Detached, Garage, Garage Door Opener, Gated, Parking Lot

Homeowners Association Information

Association YN: Yes HOA: $1,503.00 Monthly Association Fee Frequency: Monthly

Utility Information

Electricity Connected, Sewer Connected, Water Connected
Location Information

Direction: East on Atlantic Bv, North on Ocean Bv, right on 10th Street, entrance on right

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