1700 MAIN Street, Atlantic Beach, FL 32233

$1,459,500
Property Type: Residential Income Bedrooms: 12 Baths: 6 Square Footage: 4,500 Lot Size (sq. ft.): 38,768 Status: Closed
Current Price: $1,459,500 List Date: 1/02/2025 Last Modified: 5/09/2025

Description

Tranquil six-unit property resting on nearly an acre offers an exceptional investment opportunity. Three modern solid concrete block duplexes generating over $11,000 in gross monthly revenue at full occupancy. Each unit has been thoughtfully updated to attract and retain tenants, blending stylish finishes with functionality. All units consist of 2 beds/1 bath, with ceramic tile floors, updated kitchen cabinets and stainless steel appliances, updated bathroom, and stackable washer/dryer. Additionally, every unit has parking for up to 2 vehicles plus side and back yard space. Several units feature fenced-in yards, adding privacy and outdoor living space that tenants appreciate. Electrical, Plumbing, HVAC all updated 2021. With strong rental income and minimal maintenance requirements, this turnkey property is an ideal addition to any investor's portfolio. Seize this chance to own an income-producing, appreciating asset in Atlantic Beach. Professional property management already in place

More Information MLS# 2062586

Contract Information

Current Price: $1,459,500 Sold Price: $1,459,500 Status: Closed Listing Contract Date: 2025-01-02 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 1700 Street Name: MAIN Street Suffix: Street County: Duval State: FL Postal Code: 32233 Subdivision Name: Section Land MLS Area Major: 233-Atlantic Beach-West

General Property Information

Number Of Buildings: 3 Number Of Units Total: 6 Bedrooms Total: 12 Bathrooms Total: 6 Bathrooms Full: 6 Living Area: 4500 Living Area Source: Public Records New Construction YN: No Year Built: 1972 Garage YN: No Carport YN: No Lot Size Acres: 0.89 CDD Fee YN: No Pool Private YN: No Waterfront YN: No Furnished: Unfurnished Stories Total: 1 Stories: 1 Directions: From Atlantic Blvd, head North on Mayport Rd. Take a Left on Dutton Island Rd West. Turn Left onto Main St. Property will be on your Right. Public Remarks: Tranquil six-unit property resting on nearly an acre offers an exceptional investment opportunity. Three modern solid concrete block duplexes generating over $11,000 in gross monthly revenue at full occupancy. Each unit has been thoughtfully updated to attract and retain tenants, blending stylish finishes with functionality. All units consist of 2 beds/1 bath, with ceramic tile floors, updated kitchen cabinets and stainless steel appliances, updated bathroom, and stackable washer/dryer. Additionally, every unit has parking for up to 2 vehicles plus side and back yard space. Several units feature fenced-in yards, adding privacy and outdoor living space that tenants appreciate. Electrical, Plumbing, HVAC all updated 2021. With strong rental income and minimal maintenance requirements, this turnkey property is an ideal addition to any investor's portfolio. Seize this chance to own an income-producing, appreciating asset in Atlantic Beach. Professional property management already in place List Price/SqFt: 342.22 Sold Price/SqFt: 324.33

Status Change Information

Major Change Timestamp: 2025-05-09T16:58:10Z Major Change Type: Status Change Price Change Timestamp: 2025-01-27T18:14:43Z Purchase Contract Date: 2025-04-10 Close Date: 2025-05-09 Close Price: 1459500

Unit 1 Details

Unit ID: 1700 Actual Rent: 1800 Unit SqFt: 750 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Currently Available for Lease

Unit 2 Details

Unit ID: 1710 Actual Rent: 1900 Unit SqFt: 750 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Lease ends 12/14/25, Rent include $25 Pet Fee

Unit 3 Details

Unit ID: 1720 Actual Rent: 1850 Unit SqFt: 750 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Lease ends 1/13/26, Rent include $50 Pet Fee

Unit 4 Details

Unit ID: 1730 Actual Rent: 1825 Unit SqFt: 750 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Lease ends 7/7/25, Rent include $25 Pet Fee

Unit 5 Details

Unit ID: 1740 Actual Rent: 1850 Unit SqFt: 750 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Lease ends 7/13/25, Rent include $25 Pet Fee

Unit 6 Details

Unit ID: 1750 Actual Rent: 1825 Unit SqFt: 750 Beds Total: 2 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Lease ends 3/31/25, Rent include $25 Pet Fee

Property Features

Appliances: Dishwasher; Electric Range; Microwave; Refrigerator; Washer/Dryer Stacked Construction Materials: Block Cooling: Central Air Current Use: Multi-Family Flooring: Tile Heating: Central Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Assigned; Off Street Possession: Close Of Escrow Road Frontage Type: City Street Tenant Pays: All Utilities Utilities: Cable Connected; Electricity Connected; Separate Electric Meters; Sewer Connected; Water Connected View: Other Water Source: Public
Listing Office: NOMAD REALTY
Last Updated: May - 09 - 2025
Information deemed reliable but not guaranteed.