15 16TH Avenue N, Jacksonville Beach, FL 32250 (MLS# 1212426)

15 16TH Avenue N, Jacksonville Beach, FL 32250

$3,900,000
Property Type: Residential Income Bedrooms: 11 Baths: 7 Square Footage: 4,066 Status: Closed
Current Price: $3,900,000 List Date: 3/10/2023 Last Modified: 2/21/2025

Overview

Description

Experience the ultimate coastal lifestyle with this stunning oceanfront multifamily property in Jacksonville Beach! This is a rare opportunity to own a luxurious turnkey investment property with exceptional rental income of nearly $500k annually as a short-term rental. A total of 11 bedrooms & 7 bathrooms across 5 fully-furnished units featuring spacious living areas, modern kitchens/baths, and high-end furnishings. The property has been well-maintained with a clean and attractive exterior, enhancing its curb appeal and making it a sought-after destination. Amenities include balconies with breathtaking ocean views, in-unit laundry, tankless water heater, outdoor shower, ample parking with EV charger, and fenced outdoor space perfect for entertaining. A flagship property for any portfolio.

Listing Details MLS# 1212426

General Property Information

Number Of Units Total
5
Bedrooms Total
11
Bathrooms Total
7
Bathrooms Full
7
Living Area
4066
Living Area Source
Public Records
Year Built
1945
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
Yes
Furnished
Furnished
Stories Total
2
Stories
2
Directions
From A1A, turn east onto 16th Ave N. Property is oceanfront, located on the left, adjacent to the public beach access & parking.
Public Remarks
Experience the ultimate coastal lifestyle with this stunning oceanfront multifamily property in Jacksonville Beach! This is a rare opportunity to own a luxurious turnkey investment property with exceptional rental income of nearly $500k annually as a short-term rental. A total of 11 bedrooms & 7 bathrooms across 5 fully-furnished units featuring spacious living areas, modern kitchens/baths, and high-end furnishings. The property has been well-maintained with a clean and attractive exterior, enhancing its curb appeal and making it a sought-after destination. Amenities include balconies with breathtaking ocean views, in-unit laundry, tankless water heater, outdoor shower, ample parking with EV charger, and fenced outdoor space perfect for entertaining. A flagship property for any portfolio.
List Price/SqFt
982.54
Sold Price/SqFt
959.17

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Gas Water Heater; Microwave; Refrigerator; Washer Construction Materials: Fiber Cement; Frame Cooling: Central Air Flooring: Vinyl Heating: Central Listing Terms: Cash; Conventional Parking Features: Additional Parking; Other Pool Features: None Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Smart Home Features: Locks Utilities: Separate Electric Meters; Propane View: Ocean Water Source: Public Waterfront Features: Ocean Front

Contract Information

Listing Contract Date
2023-02-11

Location Tax and Legal

Street Number
15
Street Name
16TH
Street Suffix
Avenue
Street Direction Suffix
N
County
Duval
State
FL
Postal Code
32250
Subdivision Name
Pablo Beach North
MLS Area Major
211-Jacksonville Beach-NE

Status Change Information

Major Change Timestamp
2023-07-19T22:02:43Z
Major Change Type
Status Change
Purchase Contract Date
2023-06-16
Close Date
2023-07-19
Close Price
3900000

Historical Information

Public Historical Remarks 1
# 3 Bedroom Units: 2, # 1 Bedroom Units: 1, Type-Multi Units: Y, French Doors: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 2 Buildings, Energy Features-Ceiling Fan(s): Y
Public Historical Remarks 2
Annual Rent: 487047.00, Number of Units-5 - 10 Units: Y, # 2 Bedroom Units: 2
Public Historical Remarks 3
Current Zoning: JRM-2

More Information

Listing Office: NOMAD REALTY
Source MLS Verified
Last Updated: February - 21 - 2025
Information deemed reliable but not guaranteed.

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