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Kyle Bosworth
COMPASS FLORIDA LLC
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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.
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Roof : Shingle
Appliances : Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry Features: Lower Level
Shingle
Laminate
Heating: Central
Cooling: Central Air
Water Source: Public
Year Built: 1956
Construction: Stucco
Roof: Shingle
Balcony
None
Asphalt
City Street
None
Lower Level
Lot Description: Dead End Street, Other
Lot Size Area: 0.35 Acres
Lot Square Feet: 15,246
Main Square Feet: 8,993
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 Id: 2011367
List Price: $6,500,000
List Price Tot SqFt: $723
Listing Terms Cash, Conventional
Possession: Close Of Escrow
Parcel Number: 1760800000
Annual Tax: $69,536
Tax Year: 2023
Taxes: 3-28 04-3S-29E .3 PABLO BEACH SOUTH LOT 1 PT LYING
Additional Parking, Off Street, Parking Lot
Elementary School: Seabreeze
Junior High School: Duncan Fletcher
Senior High School: Duncan Fletcher
Cable Connected, Sewer Connected, Water Connected
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.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
413 1st Street #301, Jacksonville Beach, FL,32250 | $497,500 | 1 | 1 | 580 | -- |
207 7th Avenue, Jacksonville Beach, FL,32250 | $1,050,000 | 4 | 4 | 2,344 | -- |
2100 Ocean Drive #3E, Jacksonville Beach, FL,32250 | $1,197,770 | 3 | 2 | 1,658 | -- |
1331 1st Street #305, Jacksonville Beach, FL,32250 | $1,924,900 | 4 | 4 | 2,671 | -- |
1655 The Greens Way #3024, Jacksonville Beach, FL,32250 | $271,000 | 2 | 2 | 1,156 | -- |
34th Avenue, Jacksonville Beach, FL,32250 | $1,255,000 | -- | -- | -- | 0.14 Acre |
3218 1st Street, Jacksonville Beach, FL,32250 | $1,315,000 | 3 | 2 | 1,583 | -- |
1677 Marshside Drive, Jacksonville Beach, FL,32250 | $825,000 | 4 | 2 | 2,140 | -- |
737 5th Avenue, Jacksonville Beach, FL,32250 | $559,999 | 3 | 3 | 1,465 | -- |
814 3rd Avenue, Jacksonville Beach, FL,32250 | $699,000 | 4 | 3 | 1,739 | -- |
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.