620 1ST Street S, Jacksonville Beach, FL 32250

New Listing
$1,200,000
Property Type: Residential Bedrooms: 8 Baths: 4 Square Footage: 2,100 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $1,200,000 List Date: 4/30/2025 Last Modified: 4/30/2025

Description

Don't miss your chance to secure this income-producing property with the potential for long-term growth. This fully rented triplex generates a strong rental income of $5,650 per month, offering immediate returns for savvy investors. Each unit is currently leased, ensuring consistent cash flow from day one. Exciting future development potential in a sought-after coastal neighborhood. Whether you're looking for a steady income stream or a project with substantial upside, this property offers the best of both worlds.

More Information MLS# 2071079

Contract Information

Current Price: $1,200,000 Property Sub Type: Single Family Residence Status: Active List Price: $1,200,000 Listing Contract Date: 2025-02-12

Location Tax and Legal

Street Number: 620 Street Name: 1ST Street Suffix: Street Street Direction Suffix: S County: Duval State: FL Postal Code: 32250 MLS Area Major: 212-Jacksonville Beach-SE Subdivision Name: Pablo Beach South

General Property Information

Bedrooms Total: 8 Bathrooms Full: 4 Bathrooms Total: 4 Living Area: 2100 Living Area Source: Appraiser Year Built: 1945 Homestead YN: No Lot Size Acres: 0.11 Lot Size Dimensions: 63x75 Association YN: No CDD Fee YN: No Accessibility Features YN: No New Construction YN: No Garage YN: No Carport YN: No Waterfront YN: No Stories: 2 Senior Community YN: No Directions: From Beach Blvd. Head south on 3rd St. and take a left on 7th Ave. South. Go to 1st St. and take a left. House is 2nd on left. Public Remarks: Don't miss your chance to secure this income-producing property with the potential for long-term growth. This fully rented triplex generates a strong rental income of $5,650 per month, offering immediate returns for savvy investors. Each unit is currently leased, ensuring consistent cash flow from day one. Exciting future development potential in a sought-after coastal neighborhood. Whether you're looking for a steady income stream or a project with substantial upside, this property offers the best of both worlds. List Price/SqFt: 571.43

Status Change Information

Major Change Timestamp: 2025-04-30T18:23:28Z Major Change Type: Price Reduced Price Change Timestamp: 2025-04-30T18:23:28Z

DPR Eligible

DPR Eligible: No

Property Features

Levels: Multi/Split; Two Rental Restrictions: No Minimum Appliances: Convection Oven; Disposal; Electric Oven; Refrigerator Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Roof: Shingle Parking Features: Other Fencing: Other Current Use: Multi-Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Close Of Escrow; Subject To Tenant Rights Listing Terms: Cash; Conventional
Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
Last Updated: April - 30 - 2025
Information deemed reliable but not guaranteed.