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1731 Flagler Ave

Jacksonville, FL 32207
  • $749,000
  • STATUS: Active
  • ON SITE: 56 days
  • MLS #: 1107127
UPDATED: 32 min ago
$749,000
  • 5
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,677
    SQFT
  • $204
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Description

Flagler Ave Apartments: A generational investment opportunity in the heart of San Marco is now available for sale after a 20-year hold by the current owner. Rarely do turn-key opportunities like this come available in one of Jacksonville's prestigious submarkets. This offering is comprised of five units across two buildings with dedicated off-street parking spots for each tenant. While meticulously maintained with upgraded units throughout, value-add opportunity still exists with most rents well below market. Walkable to San Marco Square and the new East San Marco, a Publix-anchored retail development. Located near many major employers including Baptist Health, One Call, Suddath and more, your prospective tenants are some of the most sought after in the city.

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© 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Randy Martin Team | Watson Realty Corp are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2021-06-24T20:24:08.27.

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1731 Flagler Ave Jacksonville, FL 32207

  • Price: $749,000
  • Status: Active
  • Updated: 32 min ago
  • MLS #: 1107127
5
Beds
5
Baths
0
½ Baths
N/A
Acres
3,677
SQFT
$204
$/SQFT
1948
Built
Neighborhood:
Shadyside
County:
Duval
Area:
01-Southside/Mandarin/Bartram
Property Description
Flagler Ave Apartments: A generational investment opportunity in the heart of San Marco is now available for sale after a 20-year hold by the current owner. Rarely do turn-key opportunities like this come available in one of Jacksonville's prestigious submarkets. This offering is comprised of five units across two buildings with dedicated off-street parking spots for each tenant. While meticulously maintained with upgraded units throughout, value-add opportunity still exists with most rents well below market. Walkable to San Marco Square and the new East San Marco, a Publix-anchored retail development. Located near many major employers including Baptist Health, One Call, Suddath and more, your prospective tenants are some of the most sought after in the city.
Exterior Features

Building Stories 2 Stories Exterior Wall Brick Lot Description Regular Lot Navigable To Ocean YN No Parking Facilities 1 Space P/Unit Pool No Pool Road Frontage City Street Road Surface Asphalt Road Roof Shingle Structure Brick-Other Waterfront YN No

Interior Features

Cooling Central Cooling Heating Central Heating Major Appliances DishwasherDryerRange - ElectricRefrigeratorWasher Rental Includes DishwasherDryerRange/OvenRefrigerator

Property Features

Annual Insurance Exp 3137.00 Annual Misc Income 1005.00 Annual Operating Exp 7627.00 Annual Property Tax 5654.00 Annual Rent 54585.00 Annual Utilities 1352.00 Buildings 2 Buildings Country Usa Current Zoning Rmd-D Exist Rental Income 53580.00 Grs Pot Annual Rent 71700.00 Historic Area No Legal Name Of Subdiv Shadyside Lot Size 50X180 Multifamily Type Multi Units Occupancy Tenant Occp Lease Occupancy Rate 98.00 One Bdrm Rentals Over $600/Month Possible Financing 1031 ExchangeCashConventionalFhaVa Present Rental Terms 6 + Month Present Tenant Exp Water Square Foot Source Tax Roll Svcs Incl In Rent Water Unit Info1 Bedroom Units 5 Units 5 - 10 Units Utilities Sewer - PublicWater - Public

Listing courtesy of Old Beach Realty Company.


© 2021 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Randy Martin Team | Watson Realty Corp are marked with the listing broker’s name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Data last updated 2021-06-24T20:24:08.27.

Digital Millennium Copyright Act
 
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The Randy Martin Team | Watson Realty Corp
12710 San Jose Blvd
Jacksonville FL, 32223