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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: 5/11/2023 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# 1226666

General Property Information

Number Of Units Total
3
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Living Area
4214
Living Area Source
Public Records
Year Built
1924
Garage Spaces
Yes
Lot Size Dimensions
100’ x 100’
Water Body Access YN
No
Waterfront YN
No
Stories Total
2
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; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Association Amenities: Laundry Cooling: Central Air; Wall/Window Unit(s) Fireplace Features: Electric Flooring: Tile; Wood Heating: Central Listing Terms: Cash; Conventional; VA Loan Lot Features: Corner Lot Parking Features: Parking Lot Pool Features: In Ground; Heated 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
2023-11-18T04:45:34Z
Major Change Type
Price Reduced
Price Change Timestamp
2023-07-08T01:47:43Z
Purchase Contract Date
2023-09-06
Close Date
2023-09-21
Close Price
1195000

Fireplace Features

Fireplaces Total
2
Electric
Yes

More Information

Historical Information

Public Historical Remarks 1
# 3 Bedroom Units: 1, # 1 Bedroom Units: 2, Type-Multi Units: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 2 Buildings
Public Historical Remarks 2
Type-Multi Generational: Y
Public Historical Remarks 3
Type: Multi Generational, Type: Multi Units

Location, Tax, and Legal

Parcel Number
1765150000

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Association Amenities

Laundry
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Flooring

Tile
Yes
Wood
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Lot Features

Corner Lot
Yes

Parking Features

Parking Lot
Yes

Pool Features

Heated
Yes
In Ground
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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