15 16TH Avenue N, Jacksonville Beach, FL 32250 (MLS# 1212426)

15 16TH Avenue N, Jacksonville Beach, FL 32250

$3,900,000
Property Type: Residential Income Bedrooms: 11 Baths: 7 Square Footage: 4,066 Status: Closed
Current Price: $3,900,000 List Date: 3/10/2023 Last Modified: 2/21/2025

Overview

Description

Experience the ultimate coastal lifestyle with this stunning oceanfront multifamily property in Jacksonville Beach! This is a rare opportunity to own a luxurious turnkey investment property with exceptional rental income of nearly $500k annually as a short-term rental. A total of 11 bedrooms & 7 bathrooms across 5 fully-furnished units featuring spacious living areas, modern kitchens/baths, and high-end furnishings. The property has been well-maintained with a clean and attractive exterior, enhancing its curb appeal and making it a sought-after destination. Amenities include balconies with breathtaking ocean views, in-unit laundry, tankless water heater, outdoor shower, ample parking with EV charger, and fenced outdoor space perfect for entertaining. A flagship property for any portfolio.

Listing Details MLS# 1212426

General Property Information

Number Of Units Total
5
Bedrooms Total
11
Bathrooms Total
7
Bathrooms Full
7
Living Area
4066
Living Area Source
Public Records
Year Built
1945
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
Yes
Furnished
Furnished
Stories Total
2
Stories
2
Directions
From A1A, turn east onto 16th Ave N. Property is oceanfront, located on the left, adjacent to the public beach access & parking.
Public Remarks
Experience the ultimate coastal lifestyle with this stunning oceanfront multifamily property in Jacksonville Beach! This is a rare opportunity to own a luxurious turnkey investment property with exceptional rental income of nearly $500k annually as a short-term rental. A total of 11 bedrooms & 7 bathrooms across 5 fully-furnished units featuring spacious living areas, modern kitchens/baths, and high-end furnishings. The property has been well-maintained with a clean and attractive exterior, enhancing its curb appeal and making it a sought-after destination. Amenities include balconies with breathtaking ocean views, in-unit laundry, tankless water heater, outdoor shower, ample parking with EV charger, and fenced outdoor space perfect for entertaining. A flagship property for any portfolio.
List Price/SqFt
982.54
Sold Price/SqFt
959.17
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Gas Water Heater; Microwave; Refrigerator; Washer Construction Materials: Fiber Cement; Frame Cooling: Central Air Flooring: Vinyl Heating: Central Listing Terms: Cash; Conventional Parking Features: Additional Parking; Other Pool Features: None Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Smart Home Features: Locks Utilities: Separate Electric Meters; Propane View: Ocean Water Source: Public Waterfront Features: Ocean Front

Contract Information

Listing Contract Date
2023-02-11

Location Tax and Legal

Street Number
15
Street Name
16TH
Street Suffix
Avenue
Street Direction Suffix
N
County
Duval
State
FL
Postal Code
32250
Subdivision Name
Pablo Beach North
MLS Area Major
211-Jacksonville Beach-NE

Status Change Information

Major Change Timestamp
2023-07-19T22:02:43Z
Major Change Type
Status Change
Purchase Contract Date
2023-06-16
Close Date
2023-07-19
Close Price
3900000

Historical Information

Public Historical Remarks 1
# 3 Bedroom Units: 2, # 1 Bedroom Units: 1, Type-Multi Units: Y, French Doors: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 2 Buildings, Energy Features-Ceiling Fan(s): Y
Public Historical Remarks 2
Annual Rent: 487047.00, Number of Units-5 - 10 Units: Y, # 2 Bedroom Units: 2
Public Historical Remarks 3
Current Zoning: JRM-2

More Information

Location, Tax, and Legal

Country
US
Parcel Number
1747450000

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Gas Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Fiber Cement
Yes
Frame
Yes

Cooling

Central Air
Yes

Flooring

Vinyl
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Additional Parking
Yes
Other
Yes

Pool Features

None
Yes

Possession

Negotiable
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Smart Home Features

Locks
Yes

Utilities

Separate Electric Meters
Yes
Propane
Yes

View

Ocean
Yes

Water Source

Public
Yes

Waterfront Features

Ocean Front
Yes
Listing Office: NOMAD REALTY
Source MLS Verified
Last Updated: February - 21 - 2025
Information deemed reliable but not guaranteed.