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.