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725 7th S ave - CASEY MITCHELL 1,452 Unit Apartment Building Offered at $719,000 Jacksonville Beach, FL 32250
INVESTMENT HIGHLIGHTS
- A multi-family beach property
EXECUTIVE SUMMARY
Excellent investment opportunity just blocks from the ocean. This fully renovated duplex is situated on a desirable corner lot in the heart of Jacksonville Beach. The property is ideal for an owner-occupant seeking to generate rental income, an investor looking for a turn-key asset, or for multi-generational living arrangements. Both units have been completely renovated with modern finishes. Each kitchen features granite countertops, grey shaker-style cabinetry, and a subway tile backsplash. The updated bathrooms in each unit include new vanities and floor-to-ceiling tile in the tub/shower combo. The spacious layouts offer generous living areas and ample closet space. Significant updates include a new HVAC system for one of the units, installed just two years ago. The property also provides ample off-street parking for residents.
One unit is leased and the other vacant. Monthly Rent: $1,800.00 lease ends in May of 2026
One unit is leased and the other vacant. Monthly Rent: $1,800.00 lease ends in May of 2026
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$21,600
|
$10.65
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$21,600
|
$10.65
|
| Taxes |
$8,944
|
$4.41
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,944
|
$4.41
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $21,600 |
| Annual Per SF | $10.65 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $21,600 |
| Annual Per SF | $10.65 |
| Taxes | |
|---|---|
| Annual | $8,944 |
| Annual Per SF | $4.41 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,944 |
| Annual Per SF | $4.41 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Granite Countertops
- Ice Maker
- Refrigerator
- Tub/Shower
- Freezer
- Lawn
- Linen Closet
- Large Bedrooms
SITE AMENITIES
- Individual Locking Bedrooms
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1452 | $1,800 | 1,014 |
1 1
Walk Score®
Very Walkable (75)
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725 7th S ave - CASEY MITCHELL
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