Under contract

Active Under Contract

801 1ST Street S

Jacksonville Beach FL, 32250

$6,250,000


$694.98 per sqft

Under contract

Active Under Contract

15 Beds

15 Baths

8,993 sqft

Multi-family

Built in 1956

Discover your own piece of paradise in Jacksonville Beach, Florida! This extraordinary property, nestled along the pristine coastline, presents breathtaking ocean views from various balconies, providing an enchanting living experience. Occupying a .3 acre lot with an impressive 65 feet of unobstructed beach frontage, this multifamily gem appeals to those seeking a blend of luxury and lucrative investment prospects.
Comprising six meticulously renovated income-producing units, each showcasing modern, lavish finishes and appliances, this property establishes a new standard for sophisticated coastal living. Moreover, there's an exciting potential to transform a spacious 1,000 square foot storage unit into a seventh income-generating space, maximizing your investment. The current owner has successfully implemented a short-term rental strategy, taking advantage of the prime location and oceanfront allure. With over $100k in secured future bookings, this turnkey investment ensures immediate returns, and financial details are available upon request.

Notable features of this exceptional property include:

Two units with oceanfront patios, providing the perfect setting to savor the ocean breeze and the soothing sounds of waves.
A mix of (3) three-bedroom/three-bathroom and (3) two-bedroom/two-bathroom units, offering ample space and comfort for residents and guests.
Potential for further development, whether through constructing single-family condos or additional units, allowing you to tap into the demand for beachfront living.
Convenient proximity to local amenities such as restaurants, coffee shops, bars, golf courses, boat ramps, and fishing access, ensuring residents and guests can enjoy the best of Jacksonville Beach.
Seize this unparalleled opportunity to own Northeast Florida's premier short-term rental property, where luxury converges with income potential in one of the Sunshine State's most sought-after beachfront destinations.

All furniture, contents and linens convey with the sale.

2011367

MLS ID

February 29, 2024

Listed

November 14, 2024

Updated

Map

801 1ST Street S
Jacksonville Beach FL, 32250

Interior Features

Bedrooms

15


Total Bathrooms

15


Full Bathrooms

14


Half Bathrooms

1


Appliances

Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator


Laundry Description

Lower Level


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.35 Acres


Exterior Features

Balcony


Lot Features

Dead End Street, Other


Roof

Shingle

School Information

High School

Duncan Fletcher


Elementary School

Seabreeze

Other Property Details

Area Name

212-Jacksonville Beach-SE


Garage

No


Parking

Additional Parking, Off Street, Parking Lot


View

Yes


View Description

Beach, Ocean


County

Duval


Pool

No


Pool Features

None

Listing History

Date

Event

Price

11/13/2024

Under contract

6/7/2024

Price change

$6,250,000

-4%

Courtesy of COMPASS FLORIDA LLC

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northeast Florida Multiple Listing Service (DBA as realMLS) (last updated 11/14/2024 1:10 PM UTC). 

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Data last updated 1:10 PM UTC, 11/14/2024

 

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