801 1ST Street S, Jacksonville Beach, FL 32250

$1,850,000
Property Type: Residential Income Bedrooms: 15 Baths: 15 Square Footage: 8,993 Status: Closed
Current Price: $1,850,000 List Date: 7/18/2016 Last Modified: 1/01/2025

Description

This is the only ocean front, multi-family property for sale in Jacksonville Beach. Beach frontage is 65'. Located in residential south Jax Beach, this is an exterior quarter block with great development potential. There is a beach access walkover adjacent to the property. There are 6 large apartments with pro forma income of $129,600. 2 units are directly ocean front with large patios on the beach, have 2 Br/2 Ba and are approximately 1,200 each. 4 units are ocean side and have balconies and great ocean views on the north and south sides. One unit is 2 Br/1.5 Ba. approx. 1,000 s.f. and three are 3 Br/3 Ba, approx. 1,500 s.f. each. All units have ceramic tile flooring on ground floor. At west end of building, there is almost 1,000 s.f. of enclosed, conditioned storage.

Supplements: There are 15 parking spaces. Laundry room has 2 washers and 2 driers

More Information MLS# 838364

Contract Information

Current Price: $1,850,000 Sold Price: $1,850,000 Status: Closed Listing Contract Date: 2016-07-18

Location Tax and Legal

Street Number: 801 Street Name: 1ST Street Suffix: Street Street Direction Suffix: S County: Duval State: FL Postal Code: 32250 Subdivision Name: Pablo Beach South MLS Area Major: 212-Jacksonville Beach-SE

General Property Information

Number Of Units Total: 6 Bedrooms Total: 15 Bathrooms Total: 15 Bathrooms Full: 14 Bathrooms Half: 1 Living Area: 8993 Living Area Source: Appraiser Year Built: 1956 Garage Spaces: 15 Pool Private YN: No Waterfront YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Directions: From A1A, turn east on 8th Avenue South. Property is at ocean end, on south side. Public Remarks: This is the only ocean front, multi-family property for sale in Jacksonville Beach. Beach frontage is 65'. Located in residential south Jax Beach, this is an exterior quarter block with great development potential. There is a beach access walkover adjacent to the property. There are 6 large apartments with pro forma income of $129,600. 2 units are directly ocean front with large patios on the beach, have 2 Br/2 Ba and are approximately 1,200 each. 4 units are ocean side and have balconies and great ocean views on the north and south sides. One unit is 2 Br/1.5 Ba. approx. 1,000 s.f. and three are 3 Br/3 Ba, approx. 1,500 s.f. each. All units have ceramic tile flooring on ground floor. At west end of building, there is almost 1,000 s.f. of enclosed, conditioned storage. List Price/SqFt: 211.28 Sold Price/SqFt: 205.72

Status Change Information

Major Change Timestamp: 2016-09-20T17:56:26Z Major Change Type: Status Change Purchase Contract Date: 2016-07-29 Close Date: 2016-09-20 Close Price: 1850000

Income and Expenses

Gross Income: 115500 Gross Scheduled Income: 129600

Historical Information

Public Historical Remarks 1: Restrictions-Pets-No Dogs: Y, Restrictions-Number of Occupants: Y, # 3 Bedroom Units: 3, Type-Multi Units: Y, Sliding Glass Doors: Y, Annual Property Tax: 25184, Annual Fees and Income-Annual Insurance Exp: 4966, Lot Location-Suburban: Y, Present Common Exp: Electric, Number of Buildings: 1 Building, Present Rental Terms: Year, Two Bedroom Rentals: Over $1500/Month, Energy Features-Ceiling Fan(s): Y, Structure Slab: Y Public Historical Remarks 2: Number of Units-5 - 10 Units: Y, # 2 Bedroom Units: 3, Window Treatments: Y, Annual Utilities: 1531, Present Tenant Exp: All Electric,Security Deposit,Water, Three Bedroom Rental: Over $1500/Month

Property Features

Appliances: Dryer; Electric Oven; Electric Range; Electric Water Heater; Refrigerator; Washer Association Amenities: Beach Access; Laundry Construction Materials: Frame Cooling: Central Air Flooring: Carpet; Tile Heating: Central; Heat Pump Listing Terms: Cash; Conventional Owner Pays: Insurance; Other Tax; Pest Control; Trash Collection Parking Features: Parking Lot Pool Features: None Possession: Other Road Surface Type: Asphalt Roof: Shingle; Other Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Separate Electric Meters; Separate Water Meters View: Ocean Water Source: Public Waterfront Features: Navigable Water; Ocean Front
Listing Office: FORSALEBYOWNER.COM REFERRAL SERVICES LLC
Last Updated: January - 01 - 2025
Information deemed reliable but not guaranteed.