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Investment Highlights

  • Amazing Location
  • Near St Vincents Medical Center

Executive Summary

Rare value-add opportunity in the Avondale Historic District. This 10,803 SF, three-story building with full basement was originally built in 1924 as a hospital and later operated as an assisted living facility, offering 27 bedrooms and 9 bathrooms on a ±0.22-acre lot. Steps from Ascension St. Vincent's Riverside and the Shoppes of Avondale.
The building retains an elevator shaft, former commercial kitchen with walk-in cooler, and a fire sprinkler system, none of which are confirmed in working order and sold strictly as-is. Recent cosmetic updates include fresh paint, new carpeting, updated plumbing fixtures, and laminate flooring in several bathrooms.
Zoned RMD-D, permitting a range of residential and community uses including multi-family and elderly housing. Buyer to verify redevelopment potential and required entitlements with the City of Jacksonville. Seller will consider seller financing or a joint venture structure for the right buyer.

Data Room Click Here to Access

Property Facts

Price $795,000
Price Per Bed $29,444
Sale Type Investment or Owner User
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 0.21 AC
Building Size 10,814 SF
No. Beds 27
No. Stories 2
Year Built 1924
Zoning RMD-D - Residential Medium Density

Amenities

  • Wheelchair Accessible

Room Mix Information

Description No. Beds
- 27
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
078317-0000
Land Assessment
$264,866
Improvements Assessment
$305,320
Total Assessment
$570,186
  • Listing ID: 33804241

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 2751 Saint Johns Ave, Jacksonville, FL 32205

Contact the Sale Advisor

2751 Saint Johns Ave

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