$10,550,000
2223 ASTOR Street
Orange Park, FL 32073
MLS# 935563
Status: Closed
99 beds  |  162 baths
Waterfront Buildings
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Waterfront Buildings Villa Majorica Protected Yacht Basin Yacht Basin Villas Continental Villas Continental Villas Continental Villas Continental Villas Continental 2223 Astor St Orange Park FL-MLS_Size-12 Beautiful St Johns River Views Beautiful St Johns River Views Legend Villa Majorica Villa Majorica Villa Majorica Villa Lido Villa Lido Waterfriont Unit Waterfriont Unit Waterfriont Unit Waterfriont Unit Waterfriont Unit Waterfriont Unit Sample Kitchen Sample Kitchen Sample Kitchen Sample Kitchen Sample Kitchen Waterfront Bedroom Waterfront Bedroom Waterfront Bedroom Sample Bathroom Sample Bathroom Sample Bathroom Navigable Canal/Creek Navigable Canal/Creek Navigable Canal/Creek Boat Ramp Covered Parking Condo Building Condo Building Condo Building Condo Building Condo Building Condo Building Condo Building Villas Continental Condo Building Condo Building Sample Condo Sample Condo Sample Condo Sample Condo Sample Condo Sample Condo Sample Condo Sample Condo View Sample Condo View River Views Club Continental Club Continental Club Continental

Property Description
Extraordinary opportunity on the St Johns River next to Club Continental. Consists of 60 of the 76 condominiums at Villas Continental and Yacht Club plus two 12 unit waterfront apartment buildings. The property is nestled among century old oak trees with stunning views of the St Johns River. Approximately 7.5 acres of land with 720 feet of waterfront. Current amenities include private boat ramp and fitness center plus the option for residents to join Club Continental with easy access to pool, tennis, restaurant and bar. Turn-key income producer with stable current tenant base, below market rents allowing for immediate upside, city water and sewer service and onsite sales/leasing office. The development possibilities of this property are endless. Actual bedroom count is 197.

Details
Location, Tax, and Legal
Country: US
Parcel Number: 0000000
Zoning Description: Multi Family
General Property Information
Bathrooms Half: 0
Living Area: 100339
Number Of Units Total: 84
Living Area Source: Public Records
Waterfront YN: Yes
Water Frontage Feet: 720
Directions: Take 295 to Hwy 17 South (Roosevelt). Left on Milwaukee Avenue. Go to end of the street and entrance will be towards right.
Public Remarks: Extraordinary opportunity on the St Johns River next to Club Continental. Consists of 60 of the 76 condominiums at Villas Continental and Yacht Club plus two 12 unit waterfront apartment buildings. The property is nestled among century old oak trees with stunning views of the St Johns River. Approximately 7.5 acres of land with 720 feet of waterfront. Current amenities include private boat ramp and fitness center plus the option for residents to join Club Continental with easy access to pool, tennis, restaurant and bar. Turn-key income producer with stable current tenant base, below market rents allowing for immediate upside, city water and sewer service and onsite sales/leasing office. The development possibilities of this property are endless. Actual bedroom count is 197.
Garage Spaces: 0
Pool Private YN: No
Stories: 3
Stories Total: 3
Water Body Access YN: No
List Price/SqFt: 127.46
Sold Price/SqFt: 105.14
Bedrooms Total: 99
Bathrooms Total: 162
Bathrooms Full: 162
Year Built: 1968
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Cooling
Central Air: 1
Heating
Central: 1
Lot Features
Other: 1
Parking Features
Covered: 1
Detached: 1
Guest: 1
Pool Features
None: 1
Possession
Other: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Tile: 1
Sewer
Public Sewer: 1
Utilities
Separate Electric Meters: 1
View
River: 1
Water: 1
Water Source
Public: 1
Waterfront Features
Creek: 1
Navigable Water: 1
Ocean Access: 1
Ocean Front: 1
River Front: 1
Historical Information
Public Historical Remarks 1: Number of Units-50 - 100 Units: Y, # 3 Bedroom Units: 35, # 1 Bedroom Units: 6, Utilities-Common Water: Y, Type-Sngl Family-Attached: Y, Type-Multi Units: Y, Condominium: Y, Lot Location-Suburban: Y, Waterfront Description- Access to Ocean: Y, Waterfront Description-2'-6'Depth: Y, Number of Buildings: 4+ Buildings, Present Rental Terms: Year, Two Bedroom Rentals: $1001 to $1500/Month, One Bedroom Rentals: Over $600/Month
Public Historical Remarks 2: Lot Description-Bulkhead: Y, # 2 Bedroom Units: 43, Utilities-Common Sewer: Y, Type-Garden Apartment: Y, Lot Description-Water Access: Y, Three Bedroom Rental: $1001 to $1500/Month,Over $1500/Month
Contract Information
Current Price: $10,550,000
Sold Price: $10,550,000
Status: Closed
Listing Contract Date: 2018-05-08
Location Tax and Legal
Street Number: 2223
Street Name: ASTOR
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32073
Subdivision Name: Villas Continental
MLS Area Major: 137-Doctor's Lake
Status Change Information
Major Change Timestamp: 2018-09-27T20:58:38Z
Major Change Type: Status Change
Purchase Contract Date: 2018-08-29
Close Date: 2018-09-27
Close Price: 10550000
Property Features
Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Refrigerator; Washer
Cooling: Central Air
Heating: Central
Lot Features: Other
Parking Features: Covered; Detached; Guest
Pool Features: None
Possession: Other
Road Surface Type: Asphalt
Roof: Shingle; Tile
Sewer: Public Sewer
Utilities: Separate Electric Meters
View: River; Water
Water Source: Public
Waterfront Features: Creek; Navigable Water; Ocean Access; Ocean Front; River Front
Supplements
With only 16 individually owned condos, it affords the new owner a realistic opportunity to acquire the whole development. Thus, allowing maximum flexibility and significantly increasing the value of the asset. Property previously had a 30-slip marina in the protected yacht basin that new owners may be able to rebuild.
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Updated: January - 16 - 2025

Information deemed reliable but not guaranteed.

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