Search

115 11TH Street N, Jacksonville Beach, FL 32250

$1,250,000
Property Type: Commercial Sale Square Footage: 6,390 Lot Size (sq. ft.): 24,394 Status: Closed
Current Price: $1,250,000 List Date: 8/21/2020 Last Modified: 2/02/2025

Overview

Description

10 Unit apartment building on very large lot now available. Rarely do these kinds of buildings at the beach make it to market! Rental units like these at the beach occupy quickly at a premium rent. Spacious rooms and bathrooms, plenty of parking, convenient location. 2007 roof, replumbed in 2013. On filed: 2019 & 2020 P&L (with request), building permit history, rental comps. Act quickly- this one will go fast!

Listing Details MLS# 1069462

General Property Information

Number Of Units Total
10
Building Area Total
6390
Building Area Source
Public Records
Year Built
1974
Lot Size Acres
0.56
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Directions
From inland Jacksonville: take Beach Blvd towards Jacksonville Beach, take a left on 11th St (by the Holiday Inn Jax Beach) property is on your right one block in.
Public Remarks
10 Unit apartment building on very large lot now available. Rarely do these kinds of buildings at the beach make it to market! Rental units like these at the beach occupy quickly at a premium rent. Spacious rooms and bathrooms, plenty of parking, convenient location. 2007 roof, replumbed in 2013. On filed: 2019 & 2020 P&L (with request), building permit history, rental comps. Act quickly- this one will go fast!
List Price/SqFt
253.52
Sold Price/SqFt
195.62

Property Features

Current Use: Commercial; Multi-Family; Single Family Heating: Central Listing Terms: Cash; Conventional; FHA; Owner May Carry; VA Loan Parking Features: Assigned; Parking Lot Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2020-08-21
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
115
Street Name
11TH
Street Suffix
Street
Street Direction Suffix
N
County
Duval
State
FL
Postal Code
32250
MLS Area Major
213-Jacksonville Beach-NW

Status Change Information

Major Change Timestamp
2020-10-19T19:26:31Z
Major Change Type
Status Change
Purchase Contract Date
2020-09-01
Close Date
2020-10-16
Close Price
1250000

Historical Information

Public Historical Remarks 1
Road Surface: Asphalt Road, Min Base Lease Rate: 560, Approx. Total SqFt: 6390.00, Number of Units: 5 - 10 Units
Public Historical Remarks 2
Occupancy Rate: 90, Max Base Lease Rate: 850, Number of Buildings: 1 Building, Ceiling Height: 8' - 10' Ceilings
Public Historical Remarks 3
Current Zoning: JRM-1

More Information

Location, Tax, and Legal

Parcel Number
1773050010

Current Use

Commercial
Yes
Multi-Family
Yes
Single Family
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
Owner May Carry
Yes
VA Loan
Yes

Parking Features

Assigned
Yes
Parking Lot
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes
Listing Office: OLD BEACH REALTY GROUP INC
Source MLS Verified
Last Updated: February - 02 - 2025
Information deemed reliable but not guaranteed.

Compare listings

Compare