$4,450,000
$4,500,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
16 Baths
11,520 SqFt
SOLD DATE : 01/20/2022
Key Details
Sold Price $4,450,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 11,520 sqft
Price per Sqft $386
Subdivision Flagler Tract
MLS Listing ID 1131606
Sold Date 01/20/22
Bedrooms 16
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1995
Property Description
LOCATION! LOCATION! LOCATION! Opportunity to own a trophy property 1 block from the beach and in the Central Jacksonville Beach Entertainment District. New Margaritaville Beach Hotel is a half block walk and Casa Marina Hotel and Restaurant is a 1 block walk. The Jax Beach Pier is a 3 block walk and several bars and restaurants are also within an 8 block walk.
Built in 1994, the building is all concrete block construction including all interior walls. The floor separating the upper and lower units is Precast Tongue and Groove Concrete Floor Planks. Roof is metal making the building almost maintenance free. There are 16 identical 1 bedroom, 1 bathroom units measuring 720 square feet. Upper units have large balconies with ocean views. Lower units have large patios with planted areas. All units have ceramic tile floors, full sized washers and dryers, large walk in closets in the bedrooms, modern track lighting and assigned parking.
Currently 100% occupied on annual leases, this property is perfectly positioned to transition to short term rentals maximizing return on investment.
Location
State FL
County Duval
Community Flagler Tract
Area 211-Jacksonville Beach-Ne
Direction From Beach Blvd go north on A1A/3rd St to right on 7th Ave N. Building on the right.
Interior
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Exterior
Parking Features Assigned
Pool None
View Ocean
Roof Type Metal
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Structure Type Concrete
Others
Tax ID 1739450000
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