209/211/21 12TH Avenue S ALL 12, Jacksonville Beach, FL 32250
$2,175,000
Property Type:
Residential Income
Bedrooms:
24
Baths:
12
Square Footage:
9,960
Status:
Closed
Current Price:
$2,175,000
List Date:
2/15/2016
Last Modified:
12/29/2024
Overview
Description
Listing Details MLS# 813575
General Property Information
- Number Of Units Total
- 12
- Bedrooms Total
- 24
- Bathrooms Total
- 12
- Bathrooms Full
- 12
- Living Area
- 9960
- Living Area Source
- Public Records
- Year Built
- 1977
- Pool Private YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Stories Total
- 2
- Stories
- 2
- Directions
- On the corner of 12th Ave S and 2nd St. S
- Public Remarks
- This is an amazing investment is a one-of-a-kind. Currently a 12 unit rental property providing a 6% CAP rate with potential to increase that, it is also already legally divided into 12 units, making it a prime condo conversion. Located east of 3rd Street in the desirable southern portion of Jacksonville Beach, it's only a three minute walk to the beach and a 15 minute walk to downtown Jax Beach! Three four-plexes with great views, plenty of parking and spacious porches make this a fantastic asset. Always fully occupied, the 12 units were fully renovated just a few years ago and have granite countertops, stainless steel appliances, W/D in unit and plenty of closet and porch space. Rent now and convert to condos now or in a few years. The upside to this asset is huge!
- List Price/SqFt
- 261.04
- Sold Price/SqFt
- 218.37
Property Features
Appliances:
Dishwasher; Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer
Construction Materials:
Stucco
Cooling:
Central Air
Heating:
Central
Listing Terms:
Cash; Conventional
Lot Features:
Corner Lot
Owner Pays:
Grounds Care; Insurance; Other Tax; Trash Collection
Parking Features:
Assigned; Guest
Pool Features:
None
Possession:
Negotiable
Road Surface Type:
Paved
Roof:
Shingle
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Water Source:
Public
Contract Information
- Listing Contract Date
- 2016-01-26
- Property Sub Type
- Quadruplex
Location Tax and Legal
- Street Number
- 209/211/21
- Street Name
- 12TH
- Street Suffix
- Avenue
- Street Direction Suffix
- S
- County
- Duval
- State
- FL
- Postal Code
- 32250
- Subdivision Name
- South Beach
- MLS Area Major
- 212-Jacksonville Beach-SE
Status Change Information
- Major Change Timestamp
- 2023-11-20T12:01:56Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2016-04-08T17:56:33Z
- Purchase Contract Date
- 2016-12-23
- Close Date
- 2017-01-06
- Close Price
- 2175000
Historical Information
- Public Historical Remarks 1
- Type-Multi Units: Y, Number of Buildings: 3 Buildings, Present Rental Terms: 6 + Month,Year, Two Bedroom Rentals: $1001 to $1500/Month
- Public Historical Remarks 2
- Annual Rent: 216000.00, Number of Units-11 - 15 Units: Y, # 2 Bedroom Units: 12, Present Tenant Exp: All Electric,Water
- Public Historical Remarks 3
- Type: Multi Units
More Information
Documents
NOI Data ›
Listing Office:
FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Last Updated: December - 29 - 2024
Information deemed reliable but not guaranteed.
