801 1ST Street S Jacksonville Beach, FL $ 6,500,000
801 1ST Street S
$ 6,500,000
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801 1ST Street S

Jacksonville Beach, FL, 32250
$ 6,500,000
Baths0.0 Sq 8,993

Monthly Estimate*

$ 43,201

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Studio

Multi-Family Home for sale in Jacksonville Beach, FL

for $6,500,000. This 8,993 square foot home was built in 1956 on a lot size of 0.35.

Discover your own piece of paradise in Jacksonville Beach, Florida! This extraordinary property, nestled along the pristine coastline, presents breathtaking ocean views from various balconies, providing an enchanting living experience. Occupying a .3 acre lot with an impressive 65 feet of unobstructed beach frontage, this multifamily gem appeals to those seeking a blend of luxury and lucrative investment prospects. Comprising six meticulously renovated income-producing units, each showcasing modern, lavish finishes and appliances, this property establishes a new standard for sophisticated coastal living. Moreover, there's an exciting potential to transform a spacious 1,000 square foot storage unit into a seventh income-generating space, maximizing your investment. The current owner has successfully implemented a short-term rental strategy, taking advantage of the prime location and oceanfront allure. With over $100k in secured future bookings, this turnkey investment ensures immediate returns, and financial details are available upon request. Notable features of this exceptional property include: Two units with oceanfront patios, providing the perfect setting to savor the ocean breeze and the soothing sounds of waves. A mix of (3) three-bedroom/three-bathroom and (3) two-bedroom/two-bathroom units, offering ample space and comfort for residents and guests. Potential for further development, whether through constructing single-family condos or additional units, allowing you to tap into the demand for beachfront living. Convenient proximity to local amenities such as restaurants, coffee shops, bars, golf courses, boat ramps, and fishing access, ensuring residents and guests can enjoy the best of Jacksonville Beach. Seize this unparalleled opportunity to own Northeast Florida's premier short-term rental property, where luxury converges with income potential in one of the Sunshine State's most sought-after beachfront destinations. All furniture, contents and linens convey with the sale.

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Multi-Family Active

Price

$ 6,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 69,536

Style

Multi Family

Lot Size

0.35

Year Built

1956

Town/City

Jacksonville Beach

County/Region

Duval

MLS | Web ID

2011367

Features
General
Heating Central
Cooling Central Air
Utilities Cable Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Electric Range Electric Water Heater Microwave Refrigerator
Exterior Features Balcony
Pool Features None
Construction Materials Stucco
Year Built 1956
Tenant Pays None
View Beach Ocean
Levels Two
Property SubType Multi Family
Tax Year 2023
Current Use Commercial Hotel/Motel Multi-Family Residential
County Duval
New Construction 0
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Pablo Beach South
Garage Y/N N
Status Active
Directions From A1A turn east on 8th Ave South. Property located at end of 8th Ave. SE corner of 1st St S and 8th Ave S.
High School Duncan Fletcher
City Jacksonville Beach
Buyer Agent Compensation 2.00
View Y/N N
Senior Community Y/N N
Zoning Description Multi Family
NumberOfUnitsTotal 6
MLS Area 212-Jacksonville Beach-SE
Lot Size Units Acres
Lot Size Square Feet 15246.0
Waterfront Y/N N
Carport Y/N N
Street Name 1ST
Listing Terms Cash Conventional
Elementary School Seabreeze
Tax Annual Amount 69536.49
Home Warranty Y/N N
Middle/Junior High School Duncan Fletcher
Lease Renewal Y/N N
MLS Area Minor 212-Jacksonville Beach-SE
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 93
Standard Status Active
Legal Description 3-28 04-3S-29E .3 PABLO BEACH SOUTH LOT 1 PT LYING
Cash True
Conventional True
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Interior
Flooring Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Laundry Features Lower Level
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Additional Parking Off Street Parking Lot
Lot Features Dead End Street Other
Water Source Public
Lot Size Area 0.35
Number of Buildings 1
Spa N
Lot Size Acres 0.35
Road Surface Type Asphalt
Road Frontage Type City Street
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 801
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* Excluded Features
List By
Compass Florida Llc

Broker

kyle.bosworth@compass.com

Email

Affordability Calculator

$48,996
Per Month
88%
12%
0%
Monthly Principal & Interest
$43,201
Monthly Property Taxes
$5,795
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
308406 Elementary School
307938 Middle School
Duncan Fletcher High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2024$6,500,000 Listed Price

Map


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801 1ST Street S, Jacksonville Beach, FL, 32250 is a Multi-Family Home for sale at $6,500,000 with 8,993 sqft and a lot size of 0.35. 801 1ST Street S is a studio with 0.0 baths and was built in 1956. The property's zip code is 32250 which is in Jacksonville Beach, FL