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205 11th Ave N - 205 11th Ave N Jacksonville Beach, FL 32250 3 Unit Apartment Building Offered at $1,295,000 Jacksonville Beach, FL 32250
Investment Highlights
- Just blocks from the Atlantic Ocean – easy walk or bike ride to the beach
- Flexible layout: two 1BR/1BA units + one spacious 3BR/1BA unit with decks
- Ideal for short-term or long-term rentals, house hacking, or multi-generational living
- Rare opportunity to own a multi-unit property in a high-demand beach market
Executive Summary
Prime Jacksonville Beach triplex located just blocks from the Atlantic Ocean. This income-producing property features three distinct units with a total of 5 bedrooms and 3 bathrooms. The first floor includes two separate 1-bedroom, 1-bathroom units. The second (top) floor consists of a spacious 3-bedroom, 1-bathroom unit with private decks.
Situated on a quiet street within walking distance to the beach, Jacksonville Beach Pier, dining, shopping, and entertainment. This property offers excellent potential for both long-term and short-term rental income. A rare opportunity to own a multi-family investment in one of Northeast Florida’s most desirable beach communities.
Situated on a quiet street within walking distance to the beach, Jacksonville Beach Pier, dining, shopping, and entertainment. This property offers excellent potential for both long-term and short-term rental income. A rare opportunity to own a multi-family investment in one of Northeast Florida’s most desirable beach communities.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$75,000
|
$24.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$7,000
|
$2.32
|
| Effective Gross Income |
$68,000
|
$22.53
|
| Taxes |
$13,490
|
$4.47
|
| Operating Expenses |
$7,000
|
$2.32
|
| Total Expenses |
$20,490
|
$6.79
|
| Net Operating Income |
$47,510
|
$15.74
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $75,000 |
| Annual Per SF | $24.85 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $7,000 |
| Annual Per SF | $2.32 |
| Effective Gross Income | |
|---|---|
| Annual | $68,000 |
| Annual Per SF | $22.53 |
| Taxes | |
|---|---|
| Annual | $13,490 |
| Annual Per SF | $4.47 |
| Operating Expenses | |
|---|---|
| Annual | $7,000 |
| Annual Per SF | $2.32 |
| Total Expenses | |
|---|---|
| Annual | $20,490 |
| Annual Per SF | $6.79 |
| Net Operating Income | |
|---|---|
| Annual | $47,510 |
| Annual Per SF | $15.74 |
Property Facts
| Price | $1,295,000 | Lot Size | 0.15 AC |
| Price Per Unit | $431,667 | Building Size | 3,018 SF |
| Sale Type | Investment | Average Occupancy | 75% |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 3 | Year Built | 1953 |
| Property Type | Multifamily | ||
| Zoning | JRM-2 - Jacksonville Beach, Residential Multi Family | ||
| Price | $1,295,000 |
| Price Per Unit | $431,667 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.15 AC |
| Building Size | 3,018 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1953 |
| Zoning | JRM-2 - Jacksonville Beach, Residential Multi Family |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Tile Floors
- Hardwood Floors
- Tub/Shower
- Carpet
- Yard
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,000 | 500 |
| 1+1 | 1 | $1,300 | 650 |
| 3+1 | 1 | $2,500 | 1,247 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Exceptionally bikeable
90/100
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205 11th Ave N - 205 11th Ave N Jacksonville Beach, FL 32250
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