$270,000
311 W ASHLEY Street 701 A&B
Jacksonville, FL 32202
MLS# 2149215
1 beds  |  187700 sqft
A clear structural overlay diagram proving the true dual-key duplex layout of Unit 701 at 311 West Ashley Street. This visual highlights the independent utility and privacy of both Unit A and Unit B. This turn-key configuration can also be combined with Duplex 1 (Units 305 A&B) to instantly scale into a 4-door investment portfolio next to the massive, upcoming Gateway Jax project. ai-enhanced
  1 / 17  
A clear structural overlay diagram proving the true dual-key duplex layout of Unit 701 at 311 West Ashley Street. This visual highlights the independent utility and privacy of both Unit A and Unit B. This turn-key configuration can also be combined with Duplex 1 (Units 305 A&B) to instantly scale into a 4-door investment portfolio next to the massive, upcoming Gateway Jax project. ai-enhanced Looking back across the 701-A living area toward the entry vestibule, highlighting the clean structural lines and smart room division. This unit offers excellent insulation from city noise, creating a peaceful interior environment. Capitalize on Jacksonville's rapidly growing downtown real estate market with a property that effortlessly checks every box for discerning modern tenants who prioritize style, functionality, and immediate proximity to the metropolitan core. A look at the fully independent kitchen and living zone designated entirely for the Unit 701-B studio suite. This separate income-producing space offers the perfect setup for short-term rental (STR) or mid-term rental (MTR) strategy, maximizing your monthly cash flow yields. Outfitted with durable flooring, updated cabinetry, and a layout that optimizes every square foot, it delivers high-end appeal for traveling nurses and corporate professionals alike. ai-enhanced Step into the secure, private entry vestibule showcasing the genius dual-key configuration of this premier property. Behind one primary entry door, this space splits into two entirely separate turnkey units with independent keyless entries. This layout is an investor's dream or the ultimate house-hacking setup, allowing an owner-occupant to live in one side completely uninterrupted while a tenant next door subsidizes the expenses. Step inside the expansive, sun-drenched main living space of Unit 701-A, the primary 1-bedroom configuration. Large windows flood the space with natural light while showcasing elevated urban city views. The seamless flow makes it highly attractive for long-term rental stabilization or high-yield mid-term leasing, providing tenants with a sophisticated urban retreat right in the heart of Downtown Jacksonville's Northbank district. This wide-angle perspective showcases the seamless architectural flow between the main living area and the renovated kitchenette inside Unit 701-A. The open-concept design maximizes the visual square footage, creating an inviting environment perfect for modern city living. It is a highly attractive asset for traveling medical professionals who demand move-in-ready, premium comfort with low maintenance. The beautifully updated kitchen in Unit 701-A is an absolute tenant magnet. Outfitted with crisp, modern white cabinetry, a classic subway tile backsplash, and sleek plumbing fixtures, this culinary space combines style with easy-to-clean functionality. Investors will appreciate the low-maintenance finishes that keep capital expenditures low while commanding top-tier rental rates in the urban core. The private primary bedroom of Unit 701-A is generously proportioned, comfortably accommodating full furniture layouts while maintaining an airy, restful atmosphere. Features include clean modern flooring, custom lighting, and a neutral palette designed to appeal to any resident. This quiet sanctuary offers excellent insulation from the city hustle, making it a highly competitive mid-term rental listing. An alternate view of the 701-A master bedroom demonstrating its square floor plan and excellent wall space for entertainment setups or work-from-home office desks. Storage and functionality are prioritized, ensuring that traveling executives, legal professionals, or long-term tenants have all the comfort and space required for extended or permanent stays in Downtown Jacksonville. An upscale view of the studio kitchenette in Unit 701-B, proving that compact urban living can still deliver maximum utility and style. Featuring updated countertops, sleek shelving, and space-saving appliances, this independent suite provides all the necessities for an Airbnb or Furnished Finder tenant, ensuring strong recurring revenue with minimal turnover friction. Storage is paramount in urban properties, and Unit 701-B delivers with this deep, walk-through closet storage space. Purpose-built to maximize organization, it is a key selling feature for mid-term tenants and traveling medical professionals who bring luggage for months-long stays. This attention to detail elevates the property above standard, cramped studio alternatives in the submarket. Skip the expensive gym memberships! Residents of Unit 701 enjoy full access to the building's on-site commercial fitness center. Fully equipped with strength and cardio equipment, this amenity serves as a massive value-add for marketing your short-term or mid-term rental listings, keeping user acquisition costs low and tenant satisfaction incredibly high. The clean, bright, and secure level 1 community laundry room provides absolute daily convenience for building residents. Professionally maintained facilities ensure that high-volume laundry needs are handled effortlessly on-site, a critical feature for traveling nurses and busy corporate professionals who value efficiency and ease of living in their residential choices. Welcome home to historic urban elegance. The building's secure common entrance lobby greets tenants and guests with controlled access, professional management presence, and classic tiled flooring. This secure gateway provides immediate peace of mind for out-of-town traveling professionals and establishes an upscale, professional first impression the moment you walk through the doors. Exterior view showcasing the concrete architectural profile of this iconic mid-rise downtown tower. Solid concrete construction offers unparalleled durability, excellent sound dampening between units, and significantly lower structural maintenance risks for passive commercial buyers. Your monthly association fee includes hands-off management, pest control, water, sewer, and trash. Street-level neighborhood view highlighting the leafy, tree-lined sidewalks surrounding the property. Enjoy a highly walkable, vibrant urban lifestyle just steps away from local dining, historic parks, and city landmarks. The property sits in a premier growth corridor, placing residents in immediate proximity to the metropolitan core and active municipal hubs. An elevated view of the Jacksonville skyline directly outside the property area, emphasizing the exciting urban density and central convenience of this location. Tenants are positioned minutes away from massive institutional employment anchors, including the Duval County Courthouse, corporate office towers, and major healthcare hubs like UF Health and Baptist Medical Center.

Property Description
Lock in a premium 8.28% Proforma CAP Rate ($22,359 NOI) high above Downtown Jacksonville. This renovated, furnished 1,026 sqft high-floor condo features a dual-key layout splitting into two private, self-contained units (a corner 1BR/1BA and a studio) primed for mid-term rentals (MTR). Unbeatable location inside the multi-billion dollar Gateway Jax and Pearl Square revitalization footprint. Enjoy being minutes from EverBank Stadium, Daily's Place, VyStar Corporate Headquarters, Wells Fargo, the Federal Courthouse, UF Health, and Baptist Health--perfect for traveling professionals and medical staff. Building features a secure entrance, elevators, a clubhouse, and a fitness center. Better yet, monthly HOA dues cover water, sewer, trash, pest control, security, and full exterior structure maintenance. Ideal for a 1031 exchange. Can be combined with unit 305 A&B with similar floorplan (blended proforma CAP Rate is 8.0%). See MLS #2147558, 2146561, 2149099. CASH ONLY.

Details
Location, Tax, and Legal
Unit Number: 701 A&B
Country: US
Parcel Number: 0739030170
Tax Annual Amount: 2133.34
Tax Year: 2025
Zoning Description: Condominium
Tax Legal Description: 39-2S-26E RESIDENCES AT CITY PLACE CONDOMINIUM UNIT 701 3.789214 INT COMMON ELEMENT O/R 13785-624
General Property Information
Number Of Buildings: 1
Lot Size Acres: 0
Bathrooms Half: 0
Living Area: 1026
Number Of Units Total: 2
Living Area Source: Assessor
Building Area Total: 187700
CDD Fee YN: No
Association YN: Yes
Association Fee: 950.92
Association Fee Frequency: Monthly
Association Name: Residences at City Place Condominium Association
Association Phone: (904) 420-0152
Waterfront YN: No
Directions: From I-95, take Exit 353B toward W Union St. Continue straight on W Union St. Right on N Laura St. Right on W Ashley St, City Place will be on your right. Street parking via ParkMobile app, M-F 8am-6pm.
Public Remarks: Lock in a premium 8.28% Proforma CAP Rate ($22,359 NOI) high above Downtown Jacksonville. This renovated, furnished 1,026 sqft high-floor condo features a dual-key layout splitting into two private, self-contained units (a corner 1BR/1BA and a studio) primed for mid-term rentals (MTR). Unbeatable location inside the multi-billion dollar Gateway Jax and Pearl Square revitalization footprint. Enjoy being minutes from EverBank Stadium, Daily's Place, VyStar Corporate Headquarters, Wells Fargo, the Federal Courthouse, UF Health, and Baptist Health--perfect for traveling professionals and medical staff. Building features a secure entrance, elevators, a clubhouse, and a fitness center. Better yet, monthly HOA dues cover water, sewer, trash, pest control, security, and full exterior structure maintenance. Ideal for a 1031 exchange. Can be combined with unit 305 A&B with similar floorplan (blended proforma CAP Rate is 8.0%). See MLS #2147558, 2146561, 2149099. CASH ONLY.
Accessibility Features YN: Yes
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Furnished: Furnished
Stories: 1
Stories Total: 17
Entry Level: 7
Water Body Access YN: No
List Price/SqFt: 263.16
Bedrooms Total: 1
Year Built: 1949
Currently Not Used
Accessory Dwelling Unit Y/N: No
Property Attached YN: Yes
yn11: No
Appliances
Electric Cooktop: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Association Amenities
Clubhouse: 1
Elevator(s): 1
Fitness Center: 1
Laundry: 1
Management - Off Site: 1
Management - On Site: 1
Management - Part Time: 1
Security: 1
Trash: 1
Water: 1
Association Fee Includes
Maintenance Grounds: 1
Maintenance Structure: 1
Pest Control: 1
Security: 1
Sewer: 1
Trash: 1
Water: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Multi-Family: 1
Residential: 1
Financial Data Source
Owner: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Income and Expenses
Gross Scheduled Income: 43200
Income Includes
Rent Only: 1
Laundry Features
Common Area: 1
Lower Level: 1
Levels
One: 1
Listing Terms
Cash: 1
Other: 1
Lot Features
Other: 1
Owner Pays
Association Fees: 1
Electricity: 1
Insurance: 1
Parking Fee: 1
Repairs: 1
Taxes: 1
Parking Features
On Street: 1
Parking Lot: 1
Unassigned: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Security Features
Carbon Monoxide Detector(s): 1
Entry Phone/Intercom: 1
Fire Alarm: 1
Fire Sprinkler System: 1
Firewall(s): 1
Secured Lobby: 1
Smoke Detector(s): 1
Showing Requirements
Other: 1
Smart Home Features
Programmable Thermostat: 1
Tenant Pays
None: 1
Unit 1 Details
Unit ID: A
Actual Rent: 16200
Unit SqFt: 604
Beds Total: 1
Furnished: Furnished
Unit Remarks: Long-term tenant
Unit 2 Details
Unit ID: B
Actual Rent: 0
Unit SqFt: 422
Furnished: Furnished
Unit Remarks: Studio, owner-occupied
Utilities
Electricity Connected: 1
Separate Electric Meters: 1
Sewer Connected: 1
Water Connected: 1
View
City: 1
Water Source
Public: 1
Contract Information
Current Price: $270,000
List Price: $270,000
Status: Active
Listing Contract Date: 2026-06-06
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 311
Street Direction Prefix: W
Street Name: ASHLEY
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32202
Subdivision Name: Residences At City Place
MLS Area Major: 073-Downtown Jacksonville-Northbank
Status Change Information
Major Change Timestamp: 2026-07-09T21:03:28Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-09T21:03:28Z
Property Features
Appliances: Electric Cooktop; Electric Water Heater; Microwave; Refrigerator
Association Amenities: Clubhouse; Elevator(s); Fitness Center; Laundry; Management - Off Site; Management - On Site; Management - Part Time; Security; Trash; Water
Association Fee Includes: Maintenance Grounds; Maintenance Structure; Pest Control; Security; Sewer; Trash; Water
Cooling: Central Air; Electric
Current Use: Multi-Family; Residential
Financial Data Source: Owner
Heating: Central; Electric; Separate Meters
Income Includes: Rent Only
Laundry Features: Common Area; Lower Level
Levels: One
Listing Terms: Cash; Other
Lot Features: Other
Owner Pays: Association Fees; Electricity; Insurance; Parking Fee; Repairs; Taxes
Parking Features: On Street; Parking Lot; Unassigned
Possession: Close Of Escrow
Road Surface Type: Paved
Security Features: Carbon Monoxide Detector(s); Entry Phone/Intercom; Fire Alarm; Fire Sprinkler System; Firewall(s); Secured Lobby; Smoke Detector(s)
Showing Requirements: Other
Smart Home Features: Programmable Thermostat
Tenant Pays: None
Utilities: Electricity Connected; Separate Electric Meters; Sewer Connected; Water Connected
Water Source: Public
Listing Office: JPAR CITY AND BEACH
Source MLS Verified

Last Updated: July - 09 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products