Active
620 1ST Street S
Jacksonville Beach FL, 32250
$1,325,000
$630.95 per sqft
Active
8 Beds
4 Baths
2,100 sqft
Residential
Built in 1945
Don't miss your chance to secure this income-producing property with the potential for long-term growth. This fully rented triplex generates a strong rental income of $5,650 per month, offering immediate returns for savvy investors. Each unit is currently leased, ensuring consistent cash flow from day one.
The property comes with a rare and valuable variance approval, granting the ability to build two 3-story townhomes with garages, unlocking exciting future development potential in a sought-after coastal neighborhood. Whether you're looking for a steady income stream or a project with substantial upside, this property offers the best of both worlds.
2071079
MLSⓇ ID
February 19, 2025
Listed
February 19, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Appliances
Convection Oven, Disposal, Electric Oven, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Other
Exterior/Building Features
Lot Size
0.11 Acres
Roof
Shingle
Sewer
Public Sewer
Security
Smoke Detector(s)
School Information
High School
Duncan Fletcher
Elementary School
Seabreeze
Other Property Details
Area Name
212-Jacksonville Beach-SE
Taxes
$11,717
Tax Frequency
Annually
Days on Market
7
Garage
No
View
No
County
Duval
Water Source
Public
Pool
No
Utilities
Electricity Connected, Sewer Connected, Water Connected
Courtesy of BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
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Data last updated 3:11 PM UTC, 2/19/2025