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1616-1624 FIRST Street, Neptune Beach, FL 32266

$1,755,000
Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 4,224 Status: Closed
Current Price: $1,755,000 List Date: 7/01/2022 Last Modified: 2/16/2025

Overview

Description

Great investor opportunity in prime Neptune Beach location on desirable First Street. East of A1A - only steps to the beach and close to Town Center. 2 duplexes sitting on separate lots totaling 94' front feet on First by 134' deep. North building is 1616 & 1618 First St. Southern building is 1622 & 1624 First St. Only sold as a package. Fully leased for $9,100 total per month. Each unit has private backyard and front patio area. 1 bed / bath upstairs and 1 bed / bath down in each unit. Roof replaced in 2019. Ample off-street parking for all tenants.

Listing Details MLS# 1178880

General Property Information

Number Of Units Total
4
Bedrooms Total
8
Bathrooms Total
8
Bathrooms Full
8
Living Area
4224
Living Area Source
Public Records
Year Built
1971
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
Stories
2
Directions
A1A N to East on Lora. Left on First St and properties will be on your left.
Public Remarks
Great investor opportunity in prime Neptune Beach location on desirable First Street. East of A1A - only steps to the beach and close to Town Center. 2 duplexes sitting on separate lots totaling 94' front feet on First by 134' deep. North building is 1616 & 1618 First St. Southern building is 1622 & 1624 First St. Only sold as a package. Fully leased for $9,100 total per month. Each unit has private backyard and front patio area. 1 bed / bath upstairs and 1 bed / bath down in each unit. Roof replaced in 2019. Ample off-street parking for all tenants.
List Price/SqFt
423.77
Sold Price/SqFt
415.48
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Electric Water Heater; Refrigerator Construction Materials: Frame Cooling: Central Air Heating: Central Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional Pool Features: None Possession: Other Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2022-07-01
Property Sub Type
Duplex

Location Tax and Legal

Street Number
1616-1624
Street Name
FIRST
Street Suffix
Street
County
Duval
State
FL
Postal Code
32266
Subdivision Name
Neptune Beach
MLS Area Major
221-Neptune Beach-East

Status Change Information

Major Change Timestamp
2023-11-20T12:33:53Z
Major Change Type
Price Reduced
Price Change Timestamp
2022-09-22T12:31:07Z
Purchase Contract Date
2022-10-03
Close Date
2022-10-14
Close Price
1755000

Historical Information

Public Historical Remarks 1
Number of Buildings: 2 Buildings, Present Rental Terms: Year, Two Bedroom Rentals: Over $1500/Month
Public Historical Remarks 2
# 2 Bedroom Units: 4, Vaultd/Cathedrl Ceiling: Y, Split Bedroom: Y, Present Tenant Exp: All Electric

More Information

Location, Tax, and Legal

Country
US
Parcel Number
1730160000
Elementary School
Neptune Beach
Middle School
Duncan Fletcher
High School
Duncan Fletcher

Appliances

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

Construction Materials

Frame
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

None
Yes

Possession

Other
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes
Listing Office: RE/MAX SPECIALISTS PV
Source MLS Verified
Last Updated: February - 16 - 2025
Information deemed reliable but not guaranteed.

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