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7068 PONCE DE LEON Avenue, Jacksonville, FL 32217
$1,650,000


























Property Type:
Residential Income
Bedrooms:
32
Baths:
32
Square Footage:
14,800
Status:
Closed
Current Price:
$1,650,000
List Date:
6/23/2020
Last Modified:
2/01/2025
Description
Excellent investment property with great cash flow. Property consists of 4 buildings with 4 units each. The 16 two bedroom two bathroom apartments are 100% occupied. Each unit is individually metered for water and electric. The property is located just off of San Jose Blvd. in close proximity to Epping Forest.
More Information MLS# 1059918
Contract Information
Current Price: $1,650,000
Sold Price: $1,650,000
Status: Closed
Listing Contract Date: 2020-06-23
Location Tax and Legal
Street Number: 7068
Street Name: PONCE DE LEON
Street Suffix: Avenue
County: Duval
State: FL
Postal Code: 32217
Subdivision Name: San Jose Forest
MLS Area Major: 012-San Jose
General Property Information
Number Of Units Total: 16
Bedrooms Total: 32
Bathrooms Total: 32
Bathrooms Full: 32
Living Area: 14800
Living Area Source: Public Records
Year Built: 1985
Pool Private YN: No
Waterfront YN: No
Stories Total: 2
Stories: 2
Directions: From University Blvd. head south on San Jose Blvd. turn left on Dupont Ave. turn right on Ponce De Leon Ave. property is on the right.
Public Remarks: Excellent investment property with great cash flow. Property consists of 4 buildings with 4 units each. The 16 two bedroom two bathroom apartments are 100% occupied. Each unit is individually metered for water and electric. The property is located just off of San Jose Blvd. in close proximity to Epping Forest.
List Price/SqFt: 141.89
Sold Price/SqFt: 111.49
Status Change Information
Major Change Timestamp: 2020-11-23T14:19:15Z
Major Change Type: Status Change
Purchase Contract Date: 2020-09-06
Close Date: 2020-11-17
Close Price: 1650000
Historical Information
Public Historical Remarks 1: Number of Units-16 - 20 Units: Y, Type-Multi Units: Y, Walk-in Closets: Y, Occupancy Rate: 100, Lot Location-Suburban: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 4+ Buildings, Structure Slab: Y
Public Historical Remarks 2: # 2 Bedroom Units: 16
Public Historical Remarks 3: Occupant Type: Occupied, Tenant Occupied
Property Features
Appliances: Dishwasher; Electric Range; Electric Water Heater; Refrigerator
Construction Materials: Frame; Shell Dash; Wood Siding
Cooling: Central Air
Heating: Central
Laundry Features: Electric Dryer Hookup; Washer Hookup
Listing Terms: Cash; Conventional
Parking Features: Parking Lot
Pool Features: None
Possession: Negotiable; Other
Road Surface Type: Asphalt
Roof: Shingle
Water Source: Private; Public
Listing Office: SAN MARCO REALTY
Last Updated: February - 01 - 2025
Information deemed reliable but not guaranteed.