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461 LEVY Road, Atlantic Beach, FL 32233

$285,000
Property Type: Commercial Sale Square Footage: 2,090 Status: Closed
Current Price: $285,000 List Date: 9/08/2020 Last Modified: 2/02/2025

Overview

Description

Bring your investors!! This duplex has it all! Currently comprises a 1BR/1BA Unit that has been fully renovated inside- floors, paint, plumbing, etc. Should rent for $1K per month with ample parking! Second unit comprises 3BR/1BA and has new flooring, new paint, new light fixtures, etc. Should rent for $1,500 per mo. Additional rents can be generated with RV parking/Boat storage on the side of the property - approx. $150 per mo. Rent the units out and generate approx $2,500 per mo with $150 for storage for a total of $2,650 per mo. Based on current list price this equates to a gross return of 10%!! The true value is in the land- approx. 1/2 acre and would be perfect for a warehouse/office bldg. Rent the property out and generate cash flow while finding the new commercial tenant!

Listing Details MLS# 1072228

General Property Information

Building Area Total
2090
Building Area Source
Public Records
Year Built
1948
Water Body Access YN
No
Waterfront YN
No
Stories Total
Yes
Directions
From Atlantic Blvd heading East, take Mayport Rd exit, take left on Levy Rd, property is on the right
Public Remarks
Bring your investors!! This duplex has it all! Currently comprises a 1BR/1BA Unit that has been fully renovated inside- floors, paint, plumbing, etc. Should rent for $1K per month with ample parking! Second unit comprises 3BR/1BA and has new flooring, new paint, new light fixtures, etc. Should rent for $1,500 per mo. Additional rents can be generated with RV parking/Boat storage on the side of the property - approx. $150 per mo. Rent the units out and generate approx $2,500 per mo with $150 for storage for a total of $2,650 per mo. Based on current list price this equates to a gross return of 10%!! The true value is in the land- approx. 1/2 acre and would be perfect for a warehouse/office bldg. Rent the property out and generate cash flow while finding the new commercial tenant!
List Price/SqFt
143.3
Sold Price/SqFt
136.36

Property Features

Building Features: Fenced Construction Materials: Vinyl Siding Cooling: Window Unit(s) Current Use: Commercial; Industrial; Office Fencing: Chain Link; Fenced; Full Heating: Central Listing Terms: Cash; Conventional; Owner May Carry Parking Features: Other Roof: Shingle Sewer: Septic Tank Water Source: Public

Contract Information

Listing Contract Date
2020-09-08
Property Sub Type
Mixed Use

Location Tax and Legal

Street Number
461
Street Name
LEVY
Street Suffix
Road
County
Duval
State
FL
Postal Code
32233
MLS Area Major
233-Atlantic Beach-West

Status Change Information

Major Change Timestamp
2020-09-09T16:12:41Z
Major Change Type
Status Change
Purchase Contract Date
2020-09-08
Close Date
2020-09-09
Close Price
285000

Historical Information

Public Historical Remarks 1
Road Surface: Asphalt Road, Approx. Total SqFt: 2090.00, Number of Units: 1 - 4 Units
Public Historical Remarks 2
Number of Buildings: 2 Buildings
Public Historical Remarks 3
Current Zoning: ALIW

More Information

Location, Tax, and Legal

Parcel Number
1723200000

Construction Materials

Vinyl Siding
Yes

Cooling

Window Unit(s)
Yes

Current Use

Commercial
Yes
Industrial
Yes
Office
Yes

Fencing

Chain Link
Yes
Fenced
Yes
Full
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Parking Features

Other
Yes

Roof

Shingle
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Building Features

Fenced
Yes
Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Source MLS Verified
Last Updated: February - 02 - 2025
Information deemed reliable but not guaranteed.

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