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1405 5TH Street N, Jacksonville Beach, FL 32250

$1,000,000
Property Type: Residential Income Bedrooms: 5 Baths: 4 Square Footage: 3,021 Status: Closed
Current Price: $1,000,000 List Date: 3/10/2023 Last Modified: 2/22/2025

Overview

Description

This charming triplex is located in the desirable beachside neighborhood of Jacksonville Beach, Florida. With its convenient location, this investment property is just steps away from the beautiful white sand beaches and the vibrant nightlife of the city. The building has been recently remodeled and updated, with new appliances, fixtures, and flooring in each unit. This is an ideal opportunity for an investor looking to generate income in a desirable location. Contact agent for current rent roll, and possible vacation rental amounts. This property also has the upside of building additional units, or clearing the lot and building new luxury townhomes. Bring money in the short term and develop long term. Current VRBO estimate is Net $90,968 - $108,896

Listing Details MLS# 1214664

General Property Information

Number Of Units Total
3
Bedrooms Total
5
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Living Area
3021
Living Area Source
Public Records
Year Built
1955
Garage Spaces
2
Lot Size Dimensions
75x131
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Stories
2
Directions
From 3rd St. (A1A) Go West (LEFT) at 13th Ave N, take right at 5th St N. Property is on corner of 5th St. and 14th Ave. North
Public Remarks
This charming triplex is located in the desirable beachside neighborhood of Jacksonville Beach, Florida. With its convenient location, this investment property is just steps away from the beautiful white sand beaches and the vibrant nightlife of the city. The building has been recently remodeled and updated, with new appliances, fixtures, and flooring in each unit. This is an ideal opportunity for an investor looking to generate income in a desirable location. Contact agent for current rent roll, and possible vacation rental amounts. This property also has the upside of building additional units, or clearing the lot and building new luxury townhomes. Bring money in the short term and develop long term. Current VRBO estimate is Net $90,968 - $108,896
List Price/SqFt
331.02
Sold Price/SqFt
331.02

Property Features

Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator Construction Materials: Concrete Cooling: Central Air Flooring: Laminate; Tile Heating: Central Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Additional Parking; On Street; Other Pool Features: None Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2023-02-27
Property Sub Type
Triplex

Location Tax and Legal

Street Number
1405
Street Name
5TH
Street Suffix
Street
Street Direction Suffix
N
County
Duval
State
FL
Postal Code
32250
Subdivision Name
Surf Park
MLS Area Major
213-Jacksonville Beach-NW

Status Change Information

Major Change Timestamp
2023-04-24T13:29:36Z
Major Change Type
Status Change
Purchase Contract Date
2023-04-17
Close Date
2023-04-24
Close Price
1000000

Fireplace Features

Fireplaces Total
Yes

More Information

Historical Information

Public Historical Remarks 1
# 1 Bedroom Units: 1, Number of Buildings: 1 Building, Present Rental Terms: Month to Month
Public Historical Remarks 2
Annual Rent: 90968.00, # 2 Bedroom Units: 2, Split Bedroom: Y, Skylights: Y
Public Historical Remarks 3
Current Zoning: JRM-1

Location, Tax, and Legal

Country
US
Parcel Number
1747920000

Appliances

Dishwasher
Yes
Disposal
Yes
Electric Oven
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes

Construction Materials

Concrete
Yes

Cooling

Central Air
Yes

Flooring

Laminate
Yes
Tile
Yes

Heating

Central
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes

Parking Features

Additional Parking
Yes
On Street
Yes
Other
Yes

Pool Features

None
Yes

Possession

Negotiable
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes
Listing Office: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
Source MLS Verified
Last Updated: February - 22 - 2025
Information deemed reliable but not guaranteed.

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