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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
Documents
Listing Office: FORSALEBYOWNER.COM REFERRAL SERVICES LLC
Last Updated: January - 01 - 2025
Information deemed reliable but not guaranteed.