4800 BEACH BLVD Boulevard, Jacksonville, FL 32207
$1,295,000
Property Type:
Commercial Sale
Baths:
10
Square Footage:
11,312
Lot Size (sq. ft.):
35,719
Status:
Active
Current Price:
$1,295,000
List Date:
4/19/2024
Last Modified:
5/06/2024
Description
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.
More Information MLS# 2021105
Contract Information
Current Price: $1,295,000
List Price: $1,295,000
Status: Active
Listing Contract Date: 2024-04-19
Property Sub Type: Office
Buyer Brokerage Compensation: 2.5
Transaction Broker Compensation: 2.5
Location, Tax, and Legal
Street Number: 4800
Street Name: BEACH BLVD
Street Suffix: Boulevard
County: Duval
State: FL
Postal Code: 32207
Country: US
MLS Area Major: 021-St Nicholas Area
Parcel Number: 135303-0000
Zoning Description: Commercial/Residential/Office
General Property Information
Number Of Units Total: 10
Bathrooms Total: 10
Building Area Total: 11312
Year Built: 1983
Building Name: Bridgewater
Lot Size Acres: 0.82
Land Lease YN: No
Association YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: From 95 exit Atlantic Blvd towards US-90 E.
Stay on US-90 (Beach Blvd) until you arrive at 4800 Beach Blvd across from Bono's BBQ.
Public Remarks: 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.
List Price/SqFt: 114.48
Status Change Information
Major Change Timestamp: 2024-05-06T17:52:32Z
Major Change Type: Price Change
Price Change Timestamp: 2024-05-06T17:52:32Z
Building Features
Building Class: C
Unit 1 Details
Unit ID: 1
Annual Rent: 26294
Unit SqFt: 1328
# Units (This Type): 4
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Kitchenette-Projected @ 1.65 sq ft
Unit 2 Details
Unit ID: 3
Annual Rent: 19800
Unit SqFt: 1000
# Units (This Type): 6
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Kitchenette-Projected @1.65 sq ft
Unit 3 Details
Unit ID: 3
Annual Rent: 19800
Unit SqFt: 1000
# Units (This Type): 6
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Kitchenette - Projected @ 1.65 sq ft
Unit 4 Details
Unit ID: 4
Annual Rent: 19800
Unit SqFt: 1000
# Units (This Type): 6
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Projected @ 1.65 sq ft
Unit 5 Details
Unit ID: 5
Annual Rent: 19800
Unit SqFt: 1000
# Units (This Type): 6
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Projected @ 1.65 sq ft
Unit 6 Details
Unit ID: 6
Annual Rent: 19800
Unit SqFt: 1000
# Units (This Type): 6
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Projected at 1.65 sq ft
Unit 7 Details
Unit ID: 9
Annual Rent: 26294
Unit SqFt: 1328
# Units (This Type): 4
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Projected at 1.65 sq ft
Unit 8 Details
Unit ID: 10
Annual Rent: 26294
Unit SqFt: 1328
# Units (This Type): 4
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Projected at 1.65 sq ft
Property Features
Accessibility Features: Accessible Approach with Ramp
Association Amenities: Cable TV; Trash; Water
Heating: Electric; Heat Pump; Hot Water
Lot Features: Few Trees; Sprinklers In Front; Uplands
Parking Features: Parking Lot
Road Frontage Type: State Road
Roof: Metal
Sale Includes: Building & Land
Security Features: Security Lights
Sewer: Septic Tank
Water Source: Public
Waterfront Features: Marsh
Documents
Listing Office: METROPOLITAN PROPERTY MANAGMENT
Last Updated: May - 06 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in reciprocal agreements.
Information deemed reliable but not guaranteed.