123 18TH AVE N, Jacksonville Beach, FL 32250
123 18TH AVE N, Jacksonville Beach, FL 32250
123 18TH AVE N, Jacksonville Beach, FL 32250
123 18TH AVE N, Jacksonville Beach, FL 32250
123 18TH AVE N, Jacksonville Beach, FL 32250
123 18TH AVE N, Jacksonville Beach, FL 32250
Brittany McGuire
Brittany McGuire

Realtor | License ID: SL3340192

+1(904) 307-8987

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$ 1,400,000

$ 1,675,000 16.4%

Est. payment | /mo

9 Beds

8 Baths

4,700 SqFt


$ 1,400,000

$ 1,675,000 16.4%

Est. payment | /mo

9 Beds

8 Baths

4,700 SqFt

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

Bedrooms 9

Full Baths 8

Year Built 1937

Annual Tax Amount $16,968

Lot Size 6,534 Sqft

Property Sub-Type Multi Family

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

Interior

Heating Other

Cooling Wall/Window Unit(s)

Exterior

Parking Features Off Street

Utilities Available Sewer Connected, Water Available

Building

Lot Description Other

Water Public

New Construction No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by KST GROUP LLC • GRIFFIN RAPP
Bought with COMPASS FLORIDA LLC

NEARBY SCHOOLS & PROPERTIES

Clay Hall

+1(904) 729-5363

clay@clayhall.com

601 A1A N, Ponte Vedra Beach, FL, 32082, USA

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123 18TH AVE N