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Investment Highlights

  • Steps to the the 18th Street Beach Access
  • Teardown and build your dream home!
  • Large rear yard with plenty of room for a pool

Executive Summary

Discover a rare opportunity in the heart of Atlantic Beach with this well-located and flexible duplex, just a short walk from the quiet 18th Street beach access. Set on a generous 60 x 126 lot, this 1959 property blends classic character with thoughtful modern updates, offering both lifestyle appeal and strong investment potential. Each unit features two bedrooms and one bath, along with its own private laundry—an added convenience for owners and occupants alike. Recent improvements include updated kitchens, new flooring, and refreshed fixtures, creating a clean, coastal feel while preserving the charm of the original build. Whether you're looking to generate rental income, accommodate extended family, or enjoy a dual-living coastal setup, this duplex offers versatility in one of Atlantic Beach's most desirable walkable locations. Rents are under value and month to month

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $71,712 $39.84
Other Income - -
Vacancy Loss $5,976 $3.32
Effective Gross Income $65,736 $36.52
Taxes $13,986 $7.77
Operating Expenses $3,960 $2.20
Total Expenses $17,946 $9.97
Net Operating Income $47,790 $26.55

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $71,712
Annual Per SF $39.84
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $5,976
Annual Per SF $3.32
Effective Gross Income
Annual $65,736
Annual Per SF $36.52
Taxes
Annual $13,986
Annual Per SF $7.77
Operating Expenses
Annual $3,960
Annual Per SF $2.20
Total Expenses
Annual $17,946
Annual Per SF $9.97
Net Operating Income
Annual $47,790
Annual Per SF $26.55

Property Facts

Price $990,000
Price Per Unit $495,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Units 2
Property Type Multifamily
Apartment Style Single-Family Home
Lot Size 0.18 AC
Building Size 1,800 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1959/2022
Zoning ARG - Single Family Residential ARG

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Disposal
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Vaulted Ceiling
  • Refrigerator
  • Stainless Steel Appliances
  • Lawn
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $2,300 900
2+1 1 $2,750 900
Somewhat walkable
30/100
Very drivable
80/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
169633-0000
Land Assessment
$727,500
Improvements Assessment
$129,398
Total Assessment
$856,898
Annual Taxes
$13,986 ($7.77/SF)
Tax Year
2026 Payable 2027
  • Listing ID: 39747944

  • Date on Market: 3/12/2026

  • Last Updated:

  • Address: 1813 Seminole Rd, Atlantic Beach, FL 32233

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