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623 2ND St S

Jacksonville Beach, FL 32250
  • $3,995,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 1147261
$3,995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,604
    SQFT
  • $713
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1907
County:

School Ratings & Info

Description

Presenting The Beach Villas, one of the highest-performing short term rental operations in the city. Located one block from the beach, this asset is a single 100' x 125' parcel containing 7 townhomes among 3 buildings. 13 bedrooms, 7 bathrooms, and 13 off-street parking spots. The entire complex was gut-renovated in 2019 with new systems and beautiful finishes installed. New roofs in 2018. High-end landscaping package completed in 2020. Five of the townhomes have large, fully fenced-in backyards. All front doors have keyless, remote locks installed. This is a turn-key, heavily cash flowing investment for a serious short-term rental operator. Current management and cleaning staff can continue servicing the property, if desired. All furniture included with sale. Listed at a 9.5% cap.

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© 2022 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Cotton Team 904 | Round Table Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2022-01-26T00:24:12.3.

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623 2ND St S Jacksonville Beach, FL 32250

  • Price: $3,995,000
  • Status: Active
  • On Site: 26 Days
  • MLS #: 1147261
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,604
SQFT
$713
$/SQFT
1907
Built
Neighborhood:
21-Jacksonville Beach
County:
Duval
Area:
21-Jacksonville Beach
Property Description
Presenting The Beach Villas, one of the highest-performing short term rental operations in the city. Located one block from the beach, this asset is a single 100' x 125' parcel containing 7 townhomes among 3 buildings. 13 bedrooms, 7 bathrooms, and 13 off-street parking spots. The entire complex was gut-renovated in 2019 with new systems and beautiful finishes installed. New roofs in 2018. High-end landscaping package completed in 2020. Five of the townhomes have large, fully fenced-in backyards. All front doors have keyless, remote locks installed. This is a turn-key, heavily cash flowing investment for a serious short-term rental operator. Current management and cleaning staff can continue servicing the property, if desired. All furniture included with sale. Listed at a 9.5% cap.
Exterior Features

Building Stories 1 Story Exterior Wall StuccoVinyl Siding Lot Description Regular Lot Navigable To Ocean YN No Parking Facilities > 1 Space Per Unit11 - 25 SpacesGuest Parking Road Surface Asphalt Road Roof Shingle Structure RaisedWood Frame Waterfront YN No

Interior Features

Ceiling Height 8' - 10' Ceilings HVAC CentralElectric Total Bldg Sq Ft 5604.00

Property Features

Buildings 3 Buildings Commercial Type Investment Condition Excellent Current Zoning Rm-2 Development Status Recorded Plat Documents On File Survey On File Present Use Zoned Res - Multi-Family Square Foot Source Appraisal Type Potential Use Multi-Family Use Of Adjacent Area Residential Utilities Sewer - PublicWater - Public

Listing courtesy of The Legends Of Real Estate.


© 2022 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Cotton Team 904 | Round Table Realty are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2022-01-26T00:24:12.3.

Digital Millennium Copyright Act
 
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The Cotton Team 904 | Round Table Realty
1637 Race Track Rd. #100
St Johns FL, 32259