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Investment Highlights

  • Strong Rental Income Potential
  • Location - In the Heart of the new Pearl Square District Development
  • Renovation Potential

Executive Summary

Exceptional Multi-Unit Investment Opportunity in Downtown Jacksonville
Discover an incredible chance to own five condo units at 311 W Ashley St in the heart of Jacksonville's thriving downtown corridor. This bulk-sale package includes Units 314, 604, 709, and 710—offering a compelling mix of two one-bedroom units and three studios, totaling five bedrooms and five bathrooms across the collection.
**Unlock Serious Rental Income Potential.** The one-bedroom units can command up to $1,050+ per month each, while the studios fetch up to $975+ monthly—creating a robust revenue stream from day one. The studio units boast stunning city views that tenants absolutely love, making vacancies a thing of the past.
**A Neighborhood on the Rise.** This isn't just a purchase—it's a strategic investment in one of Jacksonville's most rapidly transforming districts. The surrounding area is undergoing extraordinary improvements, including 200,000 square feet of new retail space, a brand-new Publix grocery store, 1,250 incoming residential units, and over 15 signature restaurants. Property values are poised to climb significantly once these developments reach completion.
**Location That Delivers.** Residents enjoy walkable proximity to Pearl Square, the iconic Florida Theatre, Friendship Fountain along the Riverwalk, Brooklyn Station on Riverside for shopping and dining, and Daily's Place for world-class entertainment.
Whether you're a seasoned investor seeking reliable cash flow or an entrepreneur with an eye for renovation potential, this bundled offering at a single attractive price point represents a rare gateway into Jacksonville's booming urban renaissance. Schedule your private showing today.

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $420,000
Price / SF $182.69 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 7.02%
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 2,299 SF
  • Listing ID: 39728298

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: Demiray Holdings Inc., Jacksonville, FL

Contact the Sale Advisor

Demiray Holdings Inc.

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