• 801 1st Street Jacksonville Beach, FL 32250

  • $6,500,000

  • Bed(s)
  • 0
    Baths
  • 8,993
    Sq Ft
  • 0.35
    Acre

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 spacious 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 fishing 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 the Sunshine State's most sought-after beachfront destinations. All furniture, contents and linens convey with the sale.

Property Type :

Residential Income

Subdivision :

Pablo Beach South

County :

Duval

Style :

Residential Income

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Property Details

 

Interior Features

Roof : Shingle

Appliances : Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator

Laundry Features: Lower Level

Roofing Information

Shingle

Flooring Information

Laminate

Heating & Cooling

Heating: Central

Cooling: Central Air

Water Source: Public

Building Information

Year Built: 1956

Construction: Stucco

Roof: Shingle

Exterior Features

Balcony

Pool Information

None

Road Type

Asphalt

City Street

Pool Features

None

Laundry Features

Lower Level

Lot Information

Lot Description: Dead End Street, Other

Lot Size Area: 0.35 Acres

Lot Square Feet: 15,246

Main Square Feet: 8,993

Property Information

Property Type: Residential Income

Sub Type: Multi Family

SQ ft (Living Area): 8,993

Subdivision: Pablo Beach South

MLS Area Minor: 212-Jacksonville Beach-SE

Source Neighborhood: Pablo Beach South

Construction Materials: Array

Property Age: 68

Listing Price Information

Listing Id: 2011367

List Price: $6,500,000

List Price Tot SqFt: $723

Listing Terms Cash, Conventional

Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 1760800000

Annual Tax: $69,536

Tax Year: 2023

Taxes: 3-28 04-3S-29E .3 PABLO BEACH SOUTH LOT 1 PT LYING

Parking Information

Additional Parking, Off Street, Parking Lot

School Information

Elementary School: Seabreeze

Junior High School: Duncan Fletcher

Senior High School: Duncan Fletcher

Utility Information

Cable Connected, Sewer Connected, Water Connected

Location Information

Direction: 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.

ByOwner last updated this listing 04/25/2024 @ 07:46

MLS: 2011367
LISTED BY: KYLE BOSWORTH, COMPASS FLORIDA LLC
SOURCE: realMLS (Northeast Florida Multiple Listing Service)
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in reciprocal agreements.

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