1202 1ST Street S, Jacksonville Beach, FL 32250 (MLS# 2077922)

Overview

Description

Tap into Coastal investing at its finest with this ocean-view multifamily property in Jacksonville Beach! This is a unique opportunity to own a turnkey investment property. A total of 3 units featuring open concept living areas with updated kitchens and bathrooms. The property has been well-maintained with a freshly painted exterior, enhancing its rental appeal. Amenities include balconies with breathtaking ocean-views, in-unit laundry, oversized off-street parking with carport, and fenced outdoor space perfect for entertaining. Walking distance to endless shops, bars, restaurants, and beach attractions. This property is truly versatile, providing its next owner with many options - Live in one unit and house hack the rest, operate all as short term rentals or long term rentals, or a hybrid mix of both! This isn't just an investment, it's a destination. A must have addition to any portfolio. Roof 2018.

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 3
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: 2
Living Area: 2624
Living Area Source: Public Records
New Construction YN: No
Year Built: 1983
Garage YN: No
Carport YN: Yes
Carport Spaces: 3
Parking Total: 9
Lot Size Acres: 0.07
Association YN: No
CDD Fee YN: No
Water Body Access YN: No
Furnished: Negotiable
Stories Total: 3
Directions: In Jacksonville Beach from A1A to 12th Ave S. East to end of street. Property is on the right hand side at corner of 1st St S and 12th Ave S.
Public Remarks: Tap into Coastal investing at its finest with this ocean-view multifamily property in Jacksonville Beach! This is a unique opportunity to own a turnkey investment property. A total of 3 units featuring open concept living areas with updated kitchens and bathrooms. The property has been well-maintained with a freshly painted exterior, enhancing its rental appeal. Amenities include balconies with breathtaking ocean-views, in-unit laundry, oversized off-street parking with carport, and fenced outdoor space perfect for entertaining. Walking distance to endless shops, bars, restaurants, and beach attractions. This property is truly versatile, providing its next owner with many options - Live in one unit and house hack the rest, operate all as short term rentals or long term rentals, or a hybrid mix of both! This isn't just an investment, it's a destination. A must have addition to any portfolio. Roof 2018.
List Price/SqFt: 628.81
Sold Price/SqFt: 628.81

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Cooling: Central Air; Wall/Window Unit(s) Current Use: Multi-Family Exterior Features: Balcony Fencing: Other Heating: Central Laundry Features: In Unit Listing Terms: Cash; Conventional; VA Loan Lot Features: Corner Lot Parking Features: Attached Carport; Off Street Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Utilities: Electricity Connected; Separate Electric Meters; Sewer Connected; Water Connected View: Beach; Ocean; Water Water Source: Public

Contract Information

Listing Contract Date: 2025-03-26
Property Sub Type: Triplex

Location Tax and Legal

Street Number: 1202
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

Status Change Information

Major Change Timestamp: 2025-05-03T01:10:09Z
Major Change Type: Status Change
Purchase Contract Date: 2025-04-04
Close Date: 2025-05-02
Close Price: 1650000

Unit 1 Details

Unit ID: 1202
Full Baths Total: Yes
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Vacant. Furnished.
Actual Rent: 0
Unit SqFt: 0

More Information

Unit 2 Details

Unit ID: 1204
Full Baths Total: Yes
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Occupied. Furnished.
Actual Rent: 0
Unit SqFt: 0

Unit 3 Details

Unit ID: 1206
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Vacant. Unfurnished. Ground Level.
Actual Rent: 0
Unit SqFt: 0

Location, Tax, and Legal

Country: US
Parcel Number: 1762170000
Tax Annual Amount: 24482.84
Tax Year: 2024
Zoning Description: Multi Family
Tax Legal Description: 3-28 04-3S-29E .07 PABLO BEACH SOUTH N1/2 LOT 1 E

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Current Use

Multi-Family: Yes

Exterior Features

Balcony: Yes

Fencing

Other: Yes

Heating

Central: Yes

Laundry Features

In Unit: Yes

Listing Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Lot Features

Corner Lot: Yes

Parking Features

Attached Carport: Yes
Off Street: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes
Separate Electric Meters: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Beach: Yes
Ocean: Yes
Water: Yes

Water Source

Public: Yes