2768 State Road A1a | Atlantic Beach, FL 32233
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2768 State Road A1a
Atlantic Beach, FL 32233
Tidewater at Atlantic Beach · Multifamily Property For Sale
·
112 Units
INVESTMENT HIGHLIGHTS
- Attractive mix of one and two-bedroom units averaging 777 square feet with vaulted ceilings on second floor units.
- Additional income generation through implementing a cable/Wi-Fi contract, resulting in an annual net gain of $38,114.
- Within minutes from Jacksonville’s pristine beaches and offering access to over 145,000 jobs within a 40-minute commute.
- Opportunity to enhance value by renovating the remaining 35 units allowing for an approximate rent increase of $157/unit.
- Located minutes from Mayport Naval Station, the third largest naval facility in the continental U.S. which employs over 8,500 service members.
- There is currently no new supply under construction within a 5-mile radius, paving the way for organic rent growth.
PROPERTY FACTS
| No. Units | 112 | Lot Size | 8.10 AC |
| Property Type | Multifamily | Building Size | 93,280 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | B | ||
| Zoning | RMD-E - Residential Multi Family | ||
| No. Units | 112 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.10 AC |
| Building Size | 93,280 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Zoning | RMD-E - Residential Multi Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Patio
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Gated
- Car Wash Area
- Grill
- Pet Play Area
- Storage Space
- Dock
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 32 | - | 700 |
| 2+2 | 64 | - | 989 |
| 3+2 | 16 | - | 1,123 |
PROPERTY TAXES
| Parcel Number | 168430-0000 | Improvements Assessment | $8,658,221 |
| Land Assessment | $7,040,179 | Total Assessment | $15,698,400 |
PROPERTY TAXES
Parcel Number
168430-0000
Land Assessment
$7,040,179
Improvements Assessment
$8,658,221
Total Assessment
$15,698,400
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