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506 9TH Avenue S, Jacksonville Beach, FL 32250

$1,195,000
Property Type: Residential Income Bedrooms: 5 Baths: 6 Square Footage: 4,214 Status: Closed
Current Price: $1,195,000 List Date: 5/10/2023 Last Modified: 2/23/2025

Overview

Description

Majestic pool home available on quiet corner in JAX Beach! Exceptional opportunity to own 3 income-producing units, spanning across two 100' lots, all just 5 blocks to the ocean! The main house consists of 3 beds/3.5 baths, plus two 1/1 adjacent apartments, with a courtyard-style backyard featuring a heated pool. All 3 units are currently operating as furnished short-term rentals, but the possibilities are endless! Could continue as total income property with professional management in place, live in one unit and rent out the rest to make a perfect house hack opportunity for the right buyer, or even consider development across the large adjoining lots. Potential easy conversion to create a fourth income unit due to the main house's multi-generational layout. All furnishings are negotiable.

Supplements: negotiable.

Listing Details MLS# 1226644

General Property Information

Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Living Area
4214
Living Area Source
Public Records
New Construction YN
No
Year Built
1924
Garage Spaces
Yes
Lot Size Dimensions
100’ x 100’
Association YN
No
CDD Fee YN
No
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
No
Stories
2
Directions
From Beach Blvd turn right and head south on A1A. Turn right on 9th Ave. S. corner of 5th Street S. & 9th Ave. S.
Public Remarks
Majestic pool home available on quiet corner in JAX Beach! Exceptional opportunity to own 3 income-producing units, spanning across two 100' lots, all just 5 blocks to the ocean! The main house consists of 3 beds/3.5 baths, plus two 1/1 adjacent apartments, with a courtyard-style backyard featuring a heated pool. All 3 units are currently operating as furnished short-term rentals, but the possibilities are endless! Could continue as total income property with professional management in place, live in one unit and rent out the rest to make a perfect house hack opportunity for the right buyer, or even consider development across the large adjoining lots. Potential easy conversion to create a fourth income unit due to the main house's multi-generational layout. All furnishings are negotiable.
List Price/SqFt
290.7
Sold Price/SqFt
283.58

Property Features

Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Association Amenities: Laundry Fireplace Features: Electric Heating: Central Listing Terms: Cash; Conventional; VA Loan Lot Features: Corner Lot Possession: Negotiable Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date
2023-05-10
Property Sub Type
Triplex

Location Tax and Legal

Street Number
506
Street Name
9TH
Street Suffix
Avenue
Street Direction Suffix
S
County
Duval
State
FL
Postal Code
32250
Subdivision Name
Oceanside Park
MLS Area Major
214-Jacksonville Beach-SW

Status Change Information

Major Change Timestamp
2023-11-18T04:50:42Z
Major Change Type
Price Reduced
Price Change Timestamp
2023-07-08T01:47:04Z
Purchase Contract Date
2023-09-06
Close Date
2023-09-21
Close Price
1195000

Currently Not Used

Property Attached YN
No

More Information

Fireplace Features

Fireplaces Total
2
Electric
Yes

DPR Eligible

DPR Eligible
No

Historical Information

Public Historical Remarks 1
Possible Financing-1031 Exchange: Y, Present Rental Terms: Less than .25 Acre, One Bedroom Rentals: Entry Hall / Foyer,Screened Porch,Balcony,Loft,Florida Room
Public Historical Remarks 2
Type-Multi Generational: Y
Public Historical Remarks 3
Current Zoning: N

Location, Tax, and Legal

Country
US
Parcel Number
1765150000
Tax Legal Description
OCEANSIDE PARK

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Association Amenities

Laundry
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Lot Features

Corner Lot
Yes

Possession

Negotiable
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes
Listing Office: NOMAD REALTY
Source MLS Verified
Last Updated: February - 23 - 2025
Information deemed reliable but not guaranteed.

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