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1352 30th St 8 Unit Apartment Building $699,000 ($87,375/Unit) 7.90% Cap Rate Jacksonville, FL 32209



Executive Summary
Located in the heart of Jacksonville, these multifamily units offer the perfect blend of convenience and comfort. Each unit features 2-bedrooms, 1-bath, and 700+ sq ft of stylish living space and modern urban living. The open floor plan creates a seamless flow between the living and kitchen areas, perfect for entertaining guests or relaxing at home. Natural light floods the space, highlighting the sleek finishes and contemporary design. Features two buildings, each of four units.
Cost Analysis Performed as Rental Property
In:
Rent - $80,400.00
Out:
(Annual) Property Taxes - $9,092.00
(Annual) Estimated Insurance - $8,244.00
(Annual) Property Management (Optional) - $6,030.00
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $1,920.00
Total Costs - $25,286.00
Net: $55,114.00
Earn:
Total yearly net equates to - $55,114.00
Total monthly gross equates to - $6,700.00
Cost Analysis Performed as Rental Property
In:
Rent - $80,400.00
Out:
(Annual) Property Taxes - $9,092.00
(Annual) Estimated Insurance - $8,244.00
(Annual) Property Management (Optional) - $6,030.00
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $1,920.00
Total Costs - $25,286.00
Net: $55,114.00
Earn:
Total yearly net equates to - $55,114.00
Total monthly gross equates to - $6,700.00
Property Facts
| Price | $699,000 | Building Class | C |
| Price Per Unit | $87,375 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 5,888 SF |
| Cap Rate | 7.90% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1962/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.36/1,000 SF |
| Zoning | CCG-2 - Commercial Community/General-2 | ||
| Price | $699,000 |
| Price Per Unit | $87,375 |
| Sale Type | Investment |
| Cap Rate | 7.90% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,888 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2022 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | CCG-2 - Commercial Community/General-2 |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 088371-0000 | Improvements Assessment | $240,003 |
| Land Assessment | $20,000 | Total Assessment | $260,003 |
Property Taxes
Parcel Number
088371-0000
Land Assessment
$20,000
Improvements Assessment
$240,003
Total Assessment
$260,003
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1352 30th St
