1202 1ST Street S, Jacksonville Beach, FL 32250
$1,500,000
Property Type:
Residential Income
Bedrooms:
5
Baths:
5
Square Footage:
2,624
Status:
Closed
Current Price:
$1,500,000
List Date:
3/22/2023
Last Modified:
2/22/2025
Overview
Description
Listing Details MLS# 1218123
General Property Information
- 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
- Year Built
- 1983
- Carport Spaces
- 3
- Pool Private YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Furnished
- Furnished
- Stories Total
- 3
- Stories
- 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 cash-flowing ocean-view multifamily property in Jacksonville Beach! This is a unique opportunity to own a turnkey investment property with significant rental income of nearly $170k annually as a short-term rental. A total of 3 fully-furnished units featuring immaculate living areas, updated kitchens/baths, and masterful design. The property has been well-maintained with interior renovations, enhancing its rental appeal and making it a sought-after destination. Amenities include balconies with breathtaking ocean-views, in-unit laundry, oversized off-street parking, and fenced outdoor space perfect for entertaining. Walking distance to endless shops, bars, restaurants, and beach attractions. A must have addition to any portfolio.
- List Price/SqFt
- 609.76
- Sold Price/SqFt
- 571.65
Property Features
Appliances:
Dishwasher; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer
Construction Materials:
Shell Dash
Cooling:
Central Air; Wall/Window Unit(s)
Heating:
Central
Listing Terms:
Cash; Conventional; VA Loan
Parking Features:
Parking Lot
Pool Features:
None
Possession:
Negotiable
Road Surface Type:
Asphalt
Roof:
Shingle
Sewer:
Public Sewer
View:
Ocean
Water Source:
Public
Contract Information
- Listing Contract Date
- 2023-03-21
- 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
- 2023-06-09T13:36:55Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2023-05-03
- Close Date
- 2023-06-08
- Close Price
- 1500000
Historical Information
- Public Historical Remarks 1
- # 1 Bedroom Units: 1, Possible Financing-1031 Exchange: Y, Number of Buildings: 1 Building
- Public Historical Remarks 2
- Annual Rent: 169279.00, # 2 Bedroom Units: 2
- Public Historical Remarks 3
- Current Zoning: JRM-2
More Information
Documents
1202 1st St S - 2022 P&L Report ›
Listing Office:
NOMAD REALTY
Last Updated: February - 22 - 2025
Information deemed reliable but not guaranteed.