$1,400,000
$1,675,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
8 Baths
4,700 SqFt
SOLD DATE : 05/27/2026
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,700 sqft
Price per Sqft $297
Subdivision Jacksonville Beach
MLS Listing ID 2121786
Sold Date 05/27/26
Bedrooms 9
Full Baths 8
Year Built 1937
Annual Tax Amount $16,968
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Multi Family
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
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.
Location
State FL
County Duval
Community Jacksonville Beach
Area 211-Jacksonville Beach-Ne
Direction 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.
Interior
Heating Other
Cooling Wall/Window Unit(s)
Exterior
Parking Features Off Street
Utilities Available Sewer Connected, Water Available
Garage No
Private Pool No
Building
Lot Description Other
Water Public
New Construction No
Others
Tax ID 1749340000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with COMPASS FLORIDA LLC
NEARBY SCHOOLS & BUSINESSES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "