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801 1ST Street S, Jacksonville Beach, FL 32250

$1,850,000
Property Type: Residential Income Bedrooms: 15 Baths: 15 Square Footage: 8,993 Status: Closed
Current Price: $1,850,000 List Date: 7/18/2016 Last Modified: 1/01/2025

Overview

Description

This is the only ocean front, multi-family property for sale in Jacksonville Beach. Beach frontage is 65'. Located in residential south Jax Beach, this is an exterior quarter block with great development potential. There is a beach access walkover adjacent to the property. There are 6 large apartments with pro forma income of $129,600. 2 units are directly ocean front with large patios on the beach, have 2 Br/2 Ba and are approximately 1,200 each. 4 units are ocean side and have balconies and great ocean views on the north and south sides. One unit is 2 Br/1.5 Ba. approx. 1,000 s.f. and three are 3 Br/3 Ba, approx. 1,500 s.f. each. All units have ceramic tile flooring on ground floor. At west end of building, there is almost 1,000 s.f. of enclosed, conditioned storage.

Supplements: There are 15 parking spaces. Laundry room has 2 washers and 2 driers

Listing Details MLS# 838364

General Property Information

Number Of Units Total
6
Bedrooms Total
15
Bathrooms Total
15
Bathrooms Full
14
Bathrooms Half
Yes
Living Area
8993
Living Area Source
Appraiser
Year Built
1956
Garage Spaces
15
Pool Private YN
No
Water Body Access YN
No
Waterfront YN
Yes
Furnished
Unfurnished
Stories Total
2
Stories
2
Directions
From A1A, turn east on 8th Avenue South. Property is at ocean end, on south side.
Public Remarks
This is the only ocean front, multi-family property for sale in Jacksonville Beach. Beach frontage is 65'. Located in residential south Jax Beach, this is an exterior quarter block with great development potential. There is a beach access walkover adjacent to the property. There are 6 large apartments with pro forma income of $129,600. 2 units are directly ocean front with large patios on the beach, have 2 Br/2 Ba and are approximately 1,200 each. 4 units are ocean side and have balconies and great ocean views on the north and south sides. One unit is 2 Br/1.5 Ba. approx. 1,000 s.f. and three are 3 Br/3 Ba, approx. 1,500 s.f. each. All units have ceramic tile flooring on ground floor. At west end of building, there is almost 1,000 s.f. of enclosed, conditioned storage.
List Price/SqFt
211.28
Sold Price/SqFt
205.72

Property Features

Appliances: Dryer; Electric Oven; Electric Range; Electric Water Heater; Refrigerator; Washer Association Amenities: Beach Access; Laundry Construction Materials: Frame Cooling: Central Air Flooring: Carpet; Tile Heating: Central; Heat Pump Listing Terms: Cash; Conventional Owner Pays: Insurance; Other Tax; Pest Control; Trash Collection Parking Features: Parking Lot Pool Features: None Possession: Other Road Surface Type: Asphalt Roof: Shingle; Other Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Separate Electric Meters; Separate Water Meters View: Ocean Water Source: Public Waterfront Features: Navigable Water; Ocean Front

Contract Information

Listing Contract Date
2016-07-18

Location Tax and Legal

Street Number
801
Street Name
1ST
Street Suffix
Street
Street Direction Suffix
S
County
Duval
State
FL
Postal Code
32250
Subdivision Name
Pablo Beach South
MLS Area Major
212-Jacksonville Beach-SE

Status Change Information

Major Change Timestamp
2016-09-20T17:56:26Z
Major Change Type
Status Change
Purchase Contract Date
2016-07-29
Close Date
2016-09-20
Close Price
1850000

Income and Expenses

Gross Income
115500
Gross Scheduled Income
129600

More Information

Historical Information

Public Historical Remarks 1
Restrictions-Pets-No Dogs: Y, Restrictions-Number of Occupants: Y, # 3 Bedroom Units: 3, Type-Multi Units: Y, Sliding Glass Doors: Y, Annual Property Tax: 25184, Annual Fees and Income-Annual Insurance Exp: 4966, Lot Location-Suburban: Y, Present Common Exp: Electric, Number of Buildings: 1 Building, Present Rental Terms: Year, Two Bedroom Rentals: Over $1500/Month, Energy Features-Ceiling Fan(s): Y, Structure Slab: Y
Public Historical Remarks 2
Number of Units-5 - 10 Units: Y, # 2 Bedroom Units: 3, Window Treatments: Y, Annual Utilities: 1531, Present Tenant Exp: All Electric,Security Deposit,Water, Three Bedroom Rental: Over $1500/Month

Location, Tax, and Legal

Country
US
Parcel Number
1760800000

Appliances

Dryer
Yes
Electric Oven
Yes
Electric Range
Yes
Electric Water Heater
Yes
Refrigerator
Yes
Washer
Yes

Association Amenities

Beach Access
Yes
Laundry
Yes

Construction Materials

Frame
Yes

Cooling

Central Air
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Central
Yes
Heat Pump
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Owner Pays

Insurance
Yes
Other Tax
Yes
Pest Control
Yes
Trash Collection
Yes

Parking Features

Parking Lot
Yes

Pool Features

None
Yes

Possession

Other
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes
Other
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Separate Electric Meters
Yes
Separate Water Meters
Yes

View

Ocean
Yes

Water Source

Public
Yes

Waterfront Features

Navigable Water
Yes
Ocean Front
Yes
Listing Office: FORSALEBYOWNER.COM REFERRAL SERVICES LLC
Source MLS Verified
Last Updated: January - 01 - 2025
Information deemed reliable but not guaranteed.

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