801 1ST Street S, Jacksonville Beach, FL 32250 (MLS# 838364)

Overview

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

General Property Information

Number Of Units Total: 6
Bedrooms Total: 15
Bathrooms Total: 15
Bathrooms Full: 14
Bathrooms Half: Yes
Living Area: 8993
Living Area Source: Appraiser
Year Built: 1956
Garage Spaces: 15
Pool Private YN: No
Water Body Access 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

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

Contract Information

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

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

More Information

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

Location, Tax, and Legal

Country: US
Parcel Number: 1760800000

Appliances

Dryer: Yes
Electric Oven: Yes
Electric Range: Yes
Electric Water Heater: Yes
Refrigerator: Yes
Washer: Yes

Association Amenities

Beach Access: Yes
Laundry: Yes

Construction Materials

Frame: Yes

Cooling

Central Air: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Central: Yes
Heat Pump: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Owner Pays

Insurance: Yes
Other Tax: Yes
Pest Control: Yes
Trash Collection: Yes

Parking Features

Parking Lot: Yes

Pool Features

None: Yes

Possession

Other: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes
Other: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Utilities

Separate Electric Meters: Yes
Separate Water Meters: Yes

View

Ocean: Yes

Water Source

Public: Yes

Waterfront Features

Navigable Water: Yes
Ocean Front: Yes