Under Contract

5509 Playa Way

Jacksonville, FL 32211

$450,000 $1,897/Mo

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Overview

Bed

Bath

3,472

Sqft

0.21

Acre(Lot)

Description

Amazing opportunity minutes from JU, beaches and downtown. Qualified buyers can receive up to $7,500 toward closing costs or rate buy-down with our preferred lender. Rare fully renovated, occupied triplex with strong value-add potential! 7 bed/5 bath offering 3,472 SF with two large 3BR/2BA units (1,456 SF each) plus one 1BR/1BA unit. Month-to-month tenants allow immediate rental upside. Updates include new roof (2024), updated plumbing/electrical, new paint/flooring, and newer HVAC. Separate electric meter, 2-car garage, additional parking, and multiple laundry areas. Excellent investment opportunity with below-market rents and upside potential. Property is zoned CRO. Do not Disturb tenants without an appointment

Property Details

Property Type : Residential Income

Price : $450,000

AD Id : 77986740

MLS Id : 2143620

Beds : 7

Lot Size : 0.21 Acre

Living Area Size : 3,472

Year Built : 1965

County : Duval

Subdivision: Arlington

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 7

Bathroom Information

Total Baths: 5 Full Baths: 5

Water/Sewer

Sewer: Public Sewer
Flooring Information

Carpet, Vinyl, Wood
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer Laundry Features: Multiple Locations, Common Area
Heating & Cooling

Heating: Central Cooling: Central Air, Split System WaterSource: Public

Building Information

Year Built: 1965 Stories: 2 Construction Materials: Brick, Brick Veneer Roof: Shingle
Road Types

Concrete

City Street
Laundry Features

Multiple Locations, Common Area

Lot Information

Lot Description: Cleared Lot Size Area: 0.21 Acres Lot Square Feet: 9,148 Stories: 2 Main Square Feet: 3472

Property Information

Property Type: Residential Income Sub Type: Triplex SQ ft (Living Area): 3,472 Subdivision: Arlington MLS Area Minor: 041-Arlington Source Neighborhood: Arlington Construction Materials: Brick, Brick Veneer Property Age: 61

Listing Price Information

Listing Id: 2143620 ist Price: $450,000 List Price Tot SqFt: $130 Listing Terms Cash, Conventional, FHA, VA Loan
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 1293220000 Annual Tax: $6,550 Tax Year: 2025

Virtual Tour

Virtual Tour (External Link)

Parking Information

# of Garage Spaces: 2 Has Garage: Yes Additional Parking, Garage

Utility Information

Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Location Information

Direction: From University Blvd turn onto Playa Way. The Property will be on the right.

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