115 16TH Avenue N, Jacksonville Beach, FL 32250 (MLS# 2036829)

115 16TH Avenue N, Jacksonville Beach, FL 32250

$1,170,000

Property Type: Residential Income Bedrooms: 6 Baths: 4 Square Footage: 2,344 Lot Size (sq. ft.): 3,485 Status: Closed

Current Price: $1,170,000 List Date: 7/12/2024 Last Modified: 3/07/2025

Overview

Description

Seize the opportunity to own a remarkable multi-family property at 115 16th Avenue North, Jacksonville Beach, FL. This rare quadraplex is a hidden treasure East of 3rd Street. Boasting a total of 6 bedrooms and 4 bathrooms spread over 2344 square feet and 2 duplex buildings this property is a savvy investment. Each unit has been tastefully remodeled in recent years, featuring updated kitchens, baths, and flooring, ensuring an attractive living space for tenants. The front building consists of two 2-bed 1-bath units, while the rear building offers two 1-bed 1-bath units, respectively. The prime location, just 1 block from the Ocean, adds an undeniable allure to this property, making it a golden opportunity for the discerning investor. Don't miss out on this chance to own a high-performing, well-maintained multi-family property in a sought-after location!

Listing Details MLS# 2036829

General Property Information

Number Of Buildings: 2
Number Of Units Total: 4
Bedrooms Total: 6
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 2344
Living Area Source: Public Records
New Construction YN: No
Year Built: 1937
Garage YN: No
Carport YN: No
Lot Size Acres: 0.08
Association YN: No
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Directions: From Atlantic Blvd.; Head South on 3rd Street(A1A), then left on 16th Avenue N.; Home is on left between 2nd and 1st Street.
Public Remarks: Seize the opportunity to own a remarkable multi-family property at 115 16th Avenue North, Jacksonville Beach, FL. This rare quadraplex is a hidden treasure East of 3rd Street. Boasting a total of 6 bedrooms and 4 bathrooms spread over 2344 square feet and 2 duplex buildings this property is a savvy investment. Each unit has been tastefully remodeled in recent years, featuring updated kitchens, baths, and flooring, ensuring an attractive living space for tenants. The front building consists of two 2-bed 1-bath units, while the rear building offers two 1-bed 1-bath units, respectively. The prime location, just 1 block from the Ocean, adds an undeniable allure to this property, making it a golden opportunity for the discerning investor. Don't miss out on this chance to own a high-performing, well-maintained multi-family property in a sought-after location!
List Price/SqFt: 509.81
Sold Price/SqFt: 499.15
Bathrooms Half: 0

Property Features

Cooling: Central Air; Split System; Varies by Unit; Wall/Window Unit(s) Current Use: Residential Financial Data Source: Owner Flooring: Laminate; Tile; Vinyl Heating: Central Laundry Features: Electric Dryer Hookup; Multiple Locations; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Parking Lot Pool Features: None Possession: Close Of Escrow; Subject To Tenant Rights Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Utilities: Cable Connected; Separate Electric Meters View: Ocean Water Source: Public

Contract Information

Listing Contract Date: 2024-07-12
Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 115
Street Name: 16TH
Street Suffix: Avenue
Street Direction Suffix: N
County: Duval
State: FL
Postal Code: 32250
Subdivision Name: Ocean Villa
MLS Area Major: 211-Jacksonville Beach-NE

Status Change Information

Major Change Timestamp: 2024-08-24T14:25:51Z
Major Change Type: Status Change
Purchase Contract Date: 2024-08-21
Close Date: 2024-08-23
Close Price: 1170000

Unit 1 Details

Unit ID: A
Actual Rent: 1500
Unit SqFt: 724
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: MONTH TO MONTH

More Information

Unit 2 Details

Unit ID: B
Actual Rent: 1400
Unit SqFt: 744
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: MONTH TO MONTH

Unit 3 Details

Unit ID: C
Unit SqFt: 440
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: CURRENTLY VACANT
Actual Rent: 0

Unit 4 Details

Unit ID: D
Actual Rent: 1090
Unit SqFt: 440
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: MONTH TO MONTH

Location, Tax, and Legal

Country: US
Parcel Number: 1753890000
Tax Annual Amount: 10720.43
Tax Year: 2023
Zoning Description: Multi Family
Tax Legal Description: 12-37 28-2S-29E .07 R/P PT OCEAN VILLA W 43FT OF L

Cooling

Central Air: Yes
Split System: Yes
Varies by Unit: Yes
Wall/Window Unit(s): Yes

Current Use

Residential: Yes

Financial Data Source

Owner: Yes

Flooring

Laminate: Yes
Tile: Yes
Vinyl: Yes

Heating

Central: Yes

Laundry Features

Electric Dryer Hookup: Yes
Multiple Locations: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Parking Features

Parking Lot: Yes

Pool Features

None: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Connected: Yes
Separate Electric Meters: Yes

View

Ocean: Yes

Water Source

Public: Yes

Listing Office: COMPASS FLORIDA LLC

Last Updated: March - 07 - 2025

Information deemed reliable but not guaranteed.

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