115 16TH Avenue N, Jacksonville Beach, FL 32250

$1,170,000
Property Type: Residential Income Bedrooms: 6 Baths: 4 Square Footage: 2,344 Lot Size (sq. ft.): 3,485 Status: Closed
Current Price: $1,170,000 List Date: 7/12/2024 Last Modified: 3/07/2025

Overview

Description

Seize the opportunity to own a remarkable multi-family property at 115 16th Avenue North, Jacksonville Beach, FL. This rare quadraplex is a hidden treasure East of 3rd Street. Boasting a total of 6 bedrooms and 4 bathrooms spread over 2344 square feet and 2 duplex buildings this property is a savvy investment. Each unit has been tastefully remodeled in recent years, featuring updated kitchens, baths, and flooring, ensuring an attractive living space for tenants. The front building consists of two 2-bed 1-bath units, while the rear building offers two 1-bed 1-bath units, respectively. The prime location, just 1 block from the Ocean, adds an undeniable allure to this property, making it a golden opportunity for the discerning investor. Don't miss out on this chance to own a high-performing, well-maintained multi-family property in a sought-after location!

Listing Details MLS# 2036829

General Property Information

Number Of Buildings
2
Number Of Units Total
4
Bedrooms Total
6
Bathrooms Total
4
Bathrooms Full
4
Living Area
2344
Living Area Source
Public Records
New Construction YN
No
Year Built
1937
Garage YN
No
Carport YN
No
Lot Size Acres
0.08
Association YN
No
CDD Fee YN
No
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories Total
2
Directions
From Atlantic Blvd.; Head South on 3rd Street(A1A), then left on 16th Avenue N.; Home is on left between 2nd and 1st Street.
Public Remarks
Seize the opportunity to own a remarkable multi-family property at 115 16th Avenue North, Jacksonville Beach, FL. This rare quadraplex is a hidden treasure East of 3rd Street. Boasting a total of 6 bedrooms and 4 bathrooms spread over 2344 square feet and 2 duplex buildings this property is a savvy investment. Each unit has been tastefully remodeled in recent years, featuring updated kitchens, baths, and flooring, ensuring an attractive living space for tenants. The front building consists of two 2-bed 1-bath units, while the rear building offers two 1-bed 1-bath units, respectively. The prime location, just 1 block from the Ocean, adds an undeniable allure to this property, making it a golden opportunity for the discerning investor. Don't miss out on this chance to own a high-performing, well-maintained multi-family property in a sought-after location!
List Price/SqFt
509.81
Sold Price/SqFt
499.15

Property Features

Cooling: Central Air; Split System; Varies by Unit; Wall/Window Unit(s) Current Use: Residential Financial Data Source: Owner Flooring: Laminate; Tile; Vinyl Heating: Central Laundry Features: Electric Dryer Hookup; Multiple Locations; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Parking Lot Pool Features: None Possession: Close Of Escrow; Subject To Tenant Rights Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Utilities: Cable Connected; Separate Electric Meters View: Ocean Water Source: Public

Contract Information

Listing Contract Date
2024-07-12
Property Sub Type
Quadruplex

Location Tax and Legal

Street Number
115
Street Name
16TH
Street Suffix
Avenue
Street Direction Suffix
N
County
Duval
State
FL
Postal Code
32250
Subdivision Name
Ocean Villa
MLS Area Major
211-Jacksonville Beach-NE

Status Change Information

Major Change Timestamp
2024-08-24T14:25:51Z
Major Change Type
Status Change
Purchase Contract Date
2024-08-21
Close Date
2024-08-23
Close Price
1170000

Unit 1 Details

Unit ID
A
Actual Rent
1500
Unit SqFt
724
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
MONTH TO MONTH

More Information

Unit 2 Details

Unit ID
B
Actual Rent
1400
Unit SqFt
744
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
MONTH TO MONTH

Unit 3 Details

Unit ID
C
Unit SqFt
440
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
CURRENTLY VACANT

Unit 4 Details

Unit ID
D
Actual Rent
1090
Unit SqFt
440
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
MONTH TO MONTH
Listing Office: COMPASS FLORIDA LLC
Source MLS Verified
Last Updated: March - 07 - 2025
Information deemed reliable but not guaranteed.