1616-1624 FIRST Street, Neptune Beach, FL 32266 (MLS# 1178898)

1616-1624 FIRST Street, Neptune Beach, FL 32266

$1,755,000
Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 2,112 Status: Closed
Current Price: $1,755,000 List Date: 7/01/2022 Last Modified: 2/16/2025

Overview

Description

Great investor opportunity in prime Neptune Beach location on desirable First Street. East of A1A - only steps to the beach and close to Town Center. 2 duplexes sitting on separate lots totaling 94' front feet on First by 134' deep. North building is 1616 & 1618 First St. Southern building is 1622 & 1624 First St. Only sold as a package. Fully leased for $9,100 total per month. Each unit has private backyard and front patio area. 1 bed / bath upstairs and 1 bed / bath down in each unit. Roof replaced in 2019. Ample off-street parking for all tenants.

Listing Details MLS# 1178898

General Property Information

Bedrooms Total
8
Bathrooms Total
8
Bathrooms Full
8
Living Area
2112
Living Area Source
Public Records
Year Built
1971
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Directions
A1A N to East on Lora. Left on First St and properties will be on your left.
Public Remarks
Great investor opportunity in prime Neptune Beach location on desirable First Street. East of A1A - only steps to the beach and close to Town Center. 2 duplexes sitting on separate lots totaling 94' front feet on First by 134' deep. North building is 1616 & 1618 First St. Southern building is 1622 & 1624 First St. Only sold as a package. Fully leased for $9,100 total per month. Each unit has private backyard and front patio area. 1 bed / bath upstairs and 1 bed / bath down in each unit. Roof replaced in 2019. Ample off-street parking for all tenants.
List Price/SqFt
847.54
Sold Price/SqFt
830.97
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Refrigerator Construction Materials: Frame Heating: Central Listing Terms: Cash; Conventional Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2022-07-01
Property Sub Type
Duplex

Location Tax and Legal

Street Number
1616-1624
Street Name
FIRST
Street Suffix
Street
County
Duval
State
FL
Postal Code
32266
Subdivision Name
Neptune Beach
MLS Area Major
221-Neptune Beach-East

Status Change Information

Major Change Timestamp
2023-11-17T13:34:27Z
Major Change Type
Price Reduced
Price Change Timestamp
2022-09-22T12:30:35Z
Purchase Contract Date
2022-10-03
Close Date
2022-10-14
Close Price
1755000

DPR Eligible

DPR Eligible
No

More Information

Historical Information

Public Historical Remarks 1
Present Rental Terms: Less than .25 Acre
Public Historical Remarks 3
Current Zoning: N

Location, Tax, and Legal

Country
US
Parcel Number
1730160000
Elementary School
Neptune Beach
Middle School
Duncan Fletcher
High School
Duncan Fletcher

Appliances

Dishwasher
Yes
Refrigerator
Yes

Construction Materials

Frame
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes
Listing Office: RE/MAX SPECIALISTS PV
Source MLS Verified
Last Updated: February - 16 - 2025
Information deemed reliable but not guaranteed.