123 18TH Avenue N
Jacksonville Beach, FL 32250
MLS# 2121786
9 beds | 8 baths
Property DescriptionFully occupied 5-unit multifamily investment just one block from the beach at 123 18th Ave N in Jacksonville Beach. This stabilized coastal asset generates $12,095 per month in gross rental income with all units currently leased. The property features an attractive unit mix consisting of one 4BR/3BA unit, one 2BR/2BA unit, and three 1BR/1BA units, appealing to a broad tenant base and supporting strong rental demand. Prime walkable location near the ocean, dining, shopping, and entertainment in one of Northeast Florida's most desirable beach communities. Limited multifamily supply near the beach enhances long-term appreciation potential. Ideal for investors seeking immediate cash flow with future upside in a premier Jacksonville Beach location.
Country: US
Parcel Number: 1749340000
Tax Annual Amount: 16968.38
Tax Year: 2025
Tax Legal Description: 15-54 28-2S-29E JACKSONVILLE BEACH TERRACE LOT 14
Lot Size Acres: 0.15
Bathrooms Half: 0
Living Area: 4700
Number Of Units Total: 5
CDD Fee YN: No
Waterfront YN: No
Directions: North on Third St, right on 18th Ave N, pass Second St. Property is the on the North side in between 2nd and 1st St.
Public Remarks: Fully occupied 5-unit multifamily investment just one block from the beach at 123 18th Ave N in Jacksonville Beach. This stabilized coastal asset generates $12,095 per month in gross rental income with all units currently leased. The property features an attractive unit mix consisting of one 4BR/3BA unit, one 2BR/2BA unit, and three 1BR/1BA units, appealing to a broad tenant base and supporting strong rental demand. Prime walkable location near the ocean, dining, shopping, and entertainment in one of Northeast Florida's most desirable beach communities. Limited multifamily supply near the beach enhances long-term appreciation potential. Ideal for investors seeking immediate cash flow with future upside in a premier Jacksonville Beach location.
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
List Price/SqFt: 393.62
Bedrooms Total: 9
Bathrooms Total: 8
Bathrooms Full: 8
Accessory Dwelling Unit Y/N: No
Property Attached YN: No
Multi-Family: 1
Residential: 1
Unit ID: A
Actual Rent: 4400
Unit SqFt: 1788
Beds Total: 4
Full Baths Total: 3
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit ID: B
Actual Rent: 1875
Unit SqFt: 672
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit ID: C
Actual Rent: 1775
Unit SqFt: 560
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit ID: D
Actual Rent: 1860
Unit SqFt: 560
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Unit ID: E
Actual Rent: 2185
Unit SqFt: 1120
Beds Total: 2
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Off Street Parking
Sewer Connected: 1
Water Available: 1
Current Price: $1,850,000
List Price: $1,850,000
Status: Active
Listing Contract Date: 2025-12-10
Property Sub Type: Multi Family
Street Number: 123
Street Name: 18TH
Street Suffix: Avenue
Street Direction Suffix: N
Postal Code: 32250
Subdivision Name: Jacksonville Beach
MLS Area Major: 211-Jacksonville Beach-NE
Major Change Timestamp: 2025-12-16T19:51:03Z
Major Change Type: New Listing
Cooling: Wall/Window Unit(s)
Current Use: Multi-Family; Residential
Listing Terms: Cash; Conventional
Parking Features: Off Street
Possession: Close Of Escrow
Tenant Pays: All Utilities
Utilities: Sewer Connected; Water Available
Listing Office: KST GROUP LLC
Last Updated: March - 03 - 2026
Information deemed reliable but not guaranteed.
