$1,250,000
115 11TH Street N
Jacksonville Beach, FL 32250
MLS# 1069462
Status: Closed



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Property Description
10 Unit apartment building on very large lot now available. Rarely do these kinds of buildings at the beach make it to market! Rental units like these at the beach occupy quickly at a premium rent. Spacious rooms and bathrooms, plenty of parking, convenient location. 2007 roof, replumbed in 2013. On filed: 2019 & 2020 P&L (with request), building permit history, rental comps. Act quickly- this one will go fast!

Details
Documents
Location, Tax, and Legal
Parcel Number: 1773050010
General Property Information
Lot Size Acres: 0.56
Number Of Units Total: 10
Water Body Access YN: No
Waterfront YN: No
Directions: From inland Jacksonville: take Beach Blvd towards Jacksonville Beach, take a left on 11th St (by the Holiday Inn Jax Beach) property is on your right one block in.
Public Remarks: 10 Unit apartment building on very large lot now available. Rarely do these kinds of buildings at the beach make it to market! Rental units like these at the beach occupy quickly at a premium rent. Spacious rooms and bathrooms, plenty of parking, convenient location. 2007 roof, replumbed in 2013. On filed: 2019 & 2020 P&L (with request), building permit history, rental comps. Act quickly- this one will go fast!
Building Area Total: 6390
Stories Total: 2
Building Area Source: Public Records
List Price/SqFt: 253.52
Sold Price/SqFt: 195.62
Year Built: 1974
Current Use
Commercial: 1
Multi-Family: 1
Single Family: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
Owner May Carry: 1
VA Loan: 1
Parking Features
Assigned: 1
Parking Lot: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Historical Information
Public Historical Remarks 1: Road Surface: Asphalt Road, Min Base Lease Rate: 560, Approx. Total SqFt: 6390.00, Number of Units: 5 - 10 Units
Public Historical Remarks 2: Occupancy Rate: 90, Max Base Lease Rate: 850, Number of Buildings: 1 Building, Ceiling Height: 8' - 10' Ceilings
Public Historical Remarks 3: Current Zoning: JRM-1
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
Status: Closed
Listing Contract Date: 2020-08-21
Property Sub Type: Mixed Use
Location Tax and Legal
Street Number: 115
Street Name: 11TH
Street Suffix: Street
Street Direction Suffix: N
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 213-Jacksonville Beach-NW
Status Change Information
Major Change Timestamp: 2020-10-19T19:26:31Z
Major Change Type: Status Change
Purchase Contract Date: 2020-09-01
Close Date: 2020-10-16
Close Price: 1250000
Property Features
Current Use: Commercial; Multi-Family; Single Family
Heating: Central
Listing Terms: Cash; Conventional; FHA; Owner May Carry; VA Loan
Parking Features: Assigned; Parking Lot
Sewer: Public Sewer
Water Source: Public

Listing Office: OLD BEACH REALTY GROUP INC
Source MLS Verified

Last Updated: February - 02 - 2025

Information deemed reliable but not guaranteed.