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Clay Hall

Compass

clay@clayhall.com +1(904) 729-5363

$ 289,900

Est. payment | -/mo

2 Beds

2 Baths

984 SqFt

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$ 289,900

Est. payment | -/mo

Save

2 Beds

2 Baths

984 SqFt

Key Details

Property Type Multi-Family, Condo

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 984 sqft

Price per Sqft $294

Subdivision Residences At City Place

MLS Listing ID 2147558

Bedrooms 2

Full Baths 2

HOA Fees $950/mo

HOA Y/N Yes

Year Built 1949

Annual Tax Amount $2,024

Property Sub-Type Duplex

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

7.25% CAP Rate Airbnb Cash Cow! This unique, fully renovated condo-duplex setup requires zero CapEx and delivers two active STR/MTR income streams in one turnkey transaction. Behind the main entrance door sit two completely private, self-contained rental apartments generating consistent, year-round rental demand. Location is everything. You are sitting right in the middle of it all inside the multi-billion dollar Gateway Jax / Pearl Square downtown revitalization footprint and just minutes from the Jaguars' $1.4B Stadium of the Future / Sports & Entertainment District. This highly desirable downtown location is just steps from the Federal Courthouse, Fortune 500 corporate headquarters, and major banking hubs, driving a steady pipeline of healthcare professionals, legal experts, and corporate clientele. This prime positioning offers passive investors a recession-proof combination of high-yielding immediate cash flow and massive long-term equity appreciation.

Location

State FL

County Duval

Community Residences At City Place

Area 073-Downtown Jacksonville-Northbank

Direction From I-95, take Exit 353B toward W Union St. Continue straight on W Union St. Right on N Laura St. Right on W Ashley St, City Place will be on your right. Street parking via ParkMobile app, M-F 8am-6pm.

Interior

Heating Central, Electric, Separate Meters

Cooling Central Air, Electric, Separate Meters

Furnishings Furnished

Laundry Common Area, Lower Level

Exterior

Parking Features On Street, Parking Lot, Unassigned

Utilities Available Electricity Connected, Separate Electric Meters, Sewer Connected, Water Connected

Amenities Available Trash

View City

Garage No

Private Pool No

Building

Lot Description Corner Lot

Story 17

Sewer Public Sewer

Water Public

Level or Stories 17

New Construction No

Others

HOA Name Residences at City Place Condominium Association

HOA Fee Include Maintenance Grounds,Maintenance Structure,Pest Control,Security,Sewer,Trash,Water

Tax ID 0739030070

Security Features Carbon Monoxide Detector(s),Closed Circuit Camera(s),Entry Phone/Intercom,Fire Alarm,Fire Sprinkler System,Firewall(s),Key Card Entry,Secured Lobby

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Listed by JPAR CITY AND BEACH • Amber L'Esperance

NEARBY SCHOOLS & PROPERTIES

+1(904) 729-5363

clay@clayhall.com

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

311 W ASHLEY ST #305 A&B Jacksonville, FL 32202

Clay Hall

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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311 W ASHLEY ST #305 A&B