Price History
$990,000
4/19/2024
$1,295,000
5/6/2024
4800 BEACH BLVD Boulevard, Jacksonville, FL, 32207
1983
11,312 sqft
Location, Location Location, no commute is longer than 25 minutes - downtown is 4 miles, if you desire to go to the beach, no problem just 14 miles, Ponte Vedra is only 20 miles away. This structurally sound building has 10 total office units; 6 units at 1000 sq ft, with an additional 4 units at 1328 sq ft. The building has 6 units with a kitchenette and four without.. All units have a 1/2 bath, accessible plumbing available to increase to a full bath . Typical floor size is 5,656. One unit is leased month to month. There are 36 parking places. Projected gross revenue for all 10 units with a maximum occupancy is $223,976.00, providing for a 40% expense load at $134,358.00. A full purchase price with $200,000.00 projected renovation budget results in a 9.7% cap rate.
Status:
Active
Type:
Commercial
Units:
10
Heating:
Electric, Heat Pump, Hot Water
Acreage:
0.82
Lot Description:
Few Trees, Sprinklers In Front, Uplands
MLS #:
2021105
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