506 9TH Avenue S, Jacksonville Beach, FL 32250

$1,195,000
Property Type: Residential Income Bedrooms: 5 Baths: 6 Square Footage: 4,214 Status: Closed
Current Price: $1,195,000 List Date: 5/11/2023 Last Modified: 2/23/2025

Overview

Description

Majestic pool home available on quiet corner in JAX Beach! Exceptional opportunity to own 3 income-producing units, spanning across two 100' lots, all just 5 blocks to the ocean! The main house consists of 3 beds/3.5 baths, plus two 1/1 adjacent apartments, with a courtyard-style backyard featuring a heated pool. All 3 units are currently operating as furnished short-term rentals, but the possibilities are endless! Could continue as total income property with professional management in place, live in one unit and rent out the rest to make a perfect house hack opportunity for the right buyer, or even consider development across the large adjoining lots. Potential easy conversion to create a fourth income unit due to the main house's multi-generational layout. All furnishings are negotiable.

Supplements: negotiable.

Listing Details MLS# 1226666

General Property Information

Number Of Units Total
3
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Living Area
4214
Living Area Source
Public Records
Year Built
1924
Garage Spaces
Yes
Lot Size Dimensions
100’ x 100’
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Stories
2
Directions
From Beach Blvd turn right and head south on A1A. Turn right on 9th Ave. S. corner of 5th Street S. & 9th Ave. S.
Public Remarks
Majestic pool home available on quiet corner in JAX Beach! Exceptional opportunity to own 3 income-producing units, spanning across two 100' lots, all just 5 blocks to the ocean! The main house consists of 3 beds/3.5 baths, plus two 1/1 adjacent apartments, with a courtyard-style backyard featuring a heated pool. All 3 units are currently operating as furnished short-term rentals, but the possibilities are endless! Could continue as total income property with professional management in place, live in one unit and rent out the rest to make a perfect house hack opportunity for the right buyer, or even consider development across the large adjoining lots. Potential easy conversion to create a fourth income unit due to the main house's multi-generational layout. All furnishings are negotiable.
List Price/SqFt
290.7
Sold Price/SqFt
283.58

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Association Amenities: Laundry Cooling: Central Air; Wall/Window Unit(s) Fireplace Features: Electric Flooring: Tile; Wood Heating: Central Listing Terms: Cash; Conventional; VA Loan Lot Features: Corner Lot Parking Features: Parking Lot Pool Features: In Ground; Heated Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2023-05-10
Property Sub Type
Triplex

Location Tax and Legal

Street Number
506
Street Name
9TH
Street Suffix
Avenue
Street Direction Suffix
S
County
Duval
State
FL
Postal Code
32250
Subdivision Name
Oceanside Park
MLS Area Major
214-Jacksonville Beach-SW

Status Change Information

Major Change Timestamp
2023-11-18T04:45:34Z
Major Change Type
Price Reduced
Price Change Timestamp
2023-07-08T01:47:43Z
Purchase Contract Date
2023-09-06
Close Date
2023-09-21
Close Price
1195000

Fireplace Features

Fireplaces Total
2

More Information

Historical Information

Public Historical Remarks 1
# 3 Bedroom Units: 1, # 1 Bedroom Units: 2, Type-Multi Units: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 2 Buildings
Public Historical Remarks 2
Type-Multi Generational: Y
Public Historical Remarks 3
Type: Multi Generational, Type: Multi Units

Documents

Listing Office: NOMAD REALTY
Source MLS Verified
Last Updated: February - 23 - 2025
Information deemed reliable but not guaranteed.
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