803 2ND Avenue S 803/807, Jacksonville Beach, FL 32250
$456,000
Property Type:
Residential Income
Bedrooms:
4
Baths:
2
Square Footage:
1,222
Lot Size (sq. ft.):
4,792
Status:
Closed
Current Price:
$456,000
List Date:
1/12/2024
Last Modified:
2/28/2025
Overview
Description
Supplements: ... (Read more) LOCATION: BEACH LIVING! Continuous high demand from current and future tenants. Whether you're an experienced investor looking to diversify your portfolio, or a newcomer seeking a dependable income stream, this property is investor-friendly and has been well-maintained, minimizing the need for immediate capital investments. Don't miss out on this rare opportunity. Act now to secure this duplex, unlock its full income potential by adjusting rents to market rates, and watch your investment grow.
Listing Details MLS# 1255708
General Property Information
- Number Of Units Total
- 2
- Bedrooms Total
- 4
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Living Area
- 1222
- Living Area Source
- Public Records
- New Construction YN
- No
- Year Built
- 1957
- Garage YN
- No
- Carport YN
- No
- Lot Size Acres
- 0.11
- CDD Fee YN
- No
- Pool Private YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Stories Total
- Yes
- Stories
- Yes
- Directions
- From Beach Blvd Go South On 9th St, Left On 2nd Ave South.
- Public Remarks
- **MULTIPLE OFFERS - HIGHEST AND BEST DUE THURSDAY (1/11/2024) at 5:00 PM** Welcome to a rare investment gem located in fast-growing and desirable Jacksonville Beach, Florida. 1031 EXCHANGE WELCOME with QI already in place. TENANTS RESPONSIBLE FOR LAWN CARE! This spacious and well-maintained duplex presents an exceptional opportunity to maximize your returns with a projected 4% OVERALL PROFORMA CAPITALIZATION RATE calculated at market rent and current asking price! OTHER INCOME AVAILABLE (W/Ds)! Currently cash flowing a total monthly gross rental income of $2,575 ($30,900 annum), thanks to two reliable tenants under one-year attorney-drawn lease agreements. WASHERs/DRYERs convey BOTH UNITS! Rents currently below market value due to the owner's philanthropic approach, providing significant room to increase rents and enhance your cash flow.
- List Price/SqFt
- 368.25
- Sold Price/SqFt
- 373.16
- Bathrooms Half
- 0
Property Features
Appliances:
Dryer; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer
Construction Materials:
Concrete
Cooling:
Central Air; Electric
Current Use:
Residential
Flooring:
Carpet; Tile
Heating:
Central; Electric; Heat Pump
Laundry Features:
Electric Dryer Hookup; Washer Hookup
Listing Terms:
Cash; Conventional; Lease Option; Lease Purchase
Lot Features:
Corner Lot
Parking Features:
On Street; Other
Pool Features:
None
Possession:
Other
Road Surface Type:
Asphalt
Roof:
Shingle
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Utilities:
Electricity Connected; Sewer Connected
Water Source:
Public
Contingency Reason:
Inspection
Contract Information
- Listing Contract Date
- 2023-11-02
- Property Sub Type
- Duplex
Location Tax and Legal
- Street Number
- 803
- Street Name
- 2ND
- Street Suffix
- Avenue
- Street Direction Suffix
- S
- County
- Duval
- State
- FL
- Postal Code
- 32250
- Subdivision Name
- Pablo Beach South
- MLS Area Major
- 214-Jacksonville Beach-SW
Status Change Information
- Major Change Timestamp
- 2024-02-26T15:21:37Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2024-01-04T15:57:17Z
- Purchase Contract Date
- 2024-01-12
- Close Date
- 2024-02-20
- Close Price
- 456000
Income and Expenses
- Gross Income
- 30900
- Gross Scheduled Income
- 32400
More Information
Unit 1 Details
- Unit ID
- 803
- Actual Rent
- 1225
- Unit SqFt
- 624
- Baths Total (Legacy)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- NA
Unit 2 Details
- Unit ID
- 807
- Actual Rent
- 1350
- Unit SqFt
- 624
- Baths Total (Legacy)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- NA
Historical Information
- Public Historical Remarks 1
- Type-Multi Units: Y, Occupancy Rate: 100, Lot Location-Suburban: Y, Possible Financing-Sellr May Pay Closing: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 1 Building, Present Rental Terms: Year, Two Bedroom Rentals: Over $1500/Month, Energy Features-Ceiling Fan(s): Y
- Public Historical Remarks 2
- Restrictions-Smoking Prohibited: Y, Restrictions-Pet Fee (No Refund): Y, Annual Rent: 30900.00, # 2 Bedroom Units: 2, Split Bedroom: Y, Present Tenant Exp: All Electric,Security Deposit,Key Deposit,Sewer,Water
- Public Historical Remarks 3
- Type: Multi Units, Occupant Type: Occupied, See ShowingAssist, Special Instructions
Location, Tax, and Legal
- Unit Number
- 803/807
- Parcel Number
- 1756470000
- Tax Annual Amount
- 4783.51
- Tax Year
- 2023
- Elementary School
- San Pablo
- Middle School
- Duncan Fletcher
- High School
- Duncan Fletcher
- Tax Legal Description
- Legal: 3-28 33-2S-29E PABLO BEACH SOUTH S1/2 LOT 8 BLK 19
Appliances
- Dryer
- Yes
- Electric Oven
- Yes
- Electric Range
- Yes
- Electric Water Heater
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Construction Materials
- Concrete
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Current Use
- Residential
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
- Washer Hookup
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
- Lease Purchase
- Yes
Lot Features
- Corner Lot
- Yes
Parking Features
- On Street
- Yes
- Other
- Yes
Pool Features
- None
- Yes
Possession
- Other
- Yes
Road Surface Type
- Asphalt
- Yes
Roof
- Shingle
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Electricity Connected
- Yes
- Sewer Connected
- Yes
Water Source
- Public
- Yes
Contingency Reason
- Inspection
- Yes
Documents
Listing Office:
PACIFICO PROPERTIES

Last Updated: February - 28 - 2025
Information deemed reliable but not guaranteed.
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