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.
Basic Details
Commercial Sale
Office
For sale
2021105
$1,295,000
0
0
0
11,312 Sqft
1983
35,719.20 Sqft
Features
: Heat Pump, Electric, Hot Water
: Marsh
Address Map
Country : US
State : FL
County : Duval
City : Jacksonville
Zipcode : 32207
BEACH BLVD
4800
Boulevard
W82° 22' 54.6''
N30° 17' 50.9''
021-St Nicholas Area
MLS Information
01-17-2024 20:31:36
Active
04-19-2024
2
76556
SHANNON MARIE MORRISON
METROPOLITAN PROPERTY MANAGMENT
2.5
2.5
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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