BEDS9
BATHS8 full
SQUARE FEET4,700
MLS#2121786
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONJacksonville Beach
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Other
Lot Size: 0.15 Acres
Taxes: $16,968
Year Built: 1937
Feature Descriptions
Lot Dimensions: 0
Units: 5
Listed By / Shown By
Listed By
Agency Name: KST GROUP LLC
Shown By
Agency Title: Realty Exchange
Agency Phone: 304-523-2225
Estimate Your Payment
Estimated Payment
$ 8,933.06 per month $7,030.52 Principal & Interest $1,414.00 Property Tax $488.54 Homeowner's Insurance