115 11TH Street N, Jacksonville Beach, FL 32250 (MLS# 1069462)

115 11TH Street N, Jacksonville Beach, FL 32250

$1,250,000
Property Type: Commercial Sale Square Footage: 6,390 Lot Size (sq. ft.): 24,394 Status: Closed
Current Price: $1,250,000 List Date: 8/21/2020 Last Modified: 2/02/2025

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!

More Information MLS# 1069462

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

General Property Information

Number Of Units Total: 10 Building Area Total: 6390 Building Area Source: Public Records Year Built: 1974 Lot Size Acres: 0.56 Water Body Access YN: No Waterfront YN: No Stories Total: 2 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! List Price/SqFt: 253.52 Sold Price/SqFt: 195.62

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

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

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
Last Updated: February - 02 - 2025
Information deemed reliable but not guaranteed.