Closed

160 7TH Avenue N

JACKSONVILLE BEACH FL, 32250

$4,450,000


$386.28 per sqft

Closed

16 Beds

16 Baths

11,520 sqft

Residential

Built in 1995

LOCATION! LOCATION! LOCATION! Opportunity to own a trophy property 1 block from the beach and in the Central Jacksonville Beach Entertainment District. New Margaritaville Beach Hotel is a half block walk and Casa Marina Hotel and Restaurant is a 1 block walk. The Jax Beach Pier is a 3 block walk and several bars and restaurants are also within an 8 block walk.

Built in 1994, the building is all concrete block construction including all interior walls. The floor separating the upper and lower units is Precast Tongue and Groove Concrete Floor Planks. Roof is metal making the building almost maintenance free. There are 16 identical 1 bedroom, 1 bathroom units measuring 720 square feet. Upper units have large balconies with ocean views. Lower units have large patios with planted areas. All units have ceramic tile floors, full sized washers and dryers, large walk in closets in the bedrooms, modern track lighting and assigned parking.

Currently 100% occupied on annual leases, this property is perfectly positioned to transition to short term rentals maximizing return on investment.

1131606

MLS ID

September 16, 2021

Listed

May 9, 2024

Updated

Map

160 7TH Avenue N
JACKSONVILLE BEACH FL, 32250

Interior Features

Total Stories

2


Bedrooms

16


Total Bathrooms

16


Appliances

Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Roof

Metal

Other Property Details

Area Name

211-JACKSONVILLE BEACH-NE


Garage

No


Parking

Assigned


View

Yes


View Description

Ocean


County

DUVAL


Pool

No


Pool Features

None


Buyer Agency Compensation

1%

Courtesy of MIDDLETON REALTY, INC.

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Data last updated 1:24 PM UTC, 5/9/2024

 

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