2 months on rocket

801 1st St S, Jacksonville Beach, FL, 32250

$6,500,000

0 Baths
8,993 SqFt
$723/SqFt
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
ParkingAdditional Parking, Off Street, Parking Lot
Year Built1956
HeatingCentral
CoolingCentral Air
ViewBeach, Ocean
MLS #2011367
Lot Size0.35 Acres
StatusActive

About 801 1st St S

Discover your own piece of paradise in Jacksonville Beach, Florida! This extraordinary property, nestled along the pristine coastline, presents breathtaking ocean views from various balconies, providing an enchanting living experience. Occupying a .3 acre lot with an impressive 65 feet of unobstructed beach frontage, this multifamily gem appeals to those seeking a blend of luxury and lucrative investment prospects. Comprising six meticulously renovated income-producing units, each showcasing modern, lavish finishes and appliances, this property establishes a new standard for sophisticated coastal living. Moreover, there's an exciting potential to transform a spacious 1,000 square foot storage unit into a seventh income-generating space, maximizing your investment. The current owner has successfully implemented a short-term rental strategy, taking advantage of the prime location and oceanfront allure. With over $100k in secured future bookings, this turnkey investment ensures immediate returns, and financial details are available upon request. Notable features of this exceptional property include: Two units with oceanfront patios, providing the perfect setting to savor the ocean breeze and the soothing sounds of waves. A mix of (3) three-bedroom/three-bathroom and (3) two-bedroom/two-bathroom units, offering ample space and comfort for residents and guests. Potential for further development, whether through constructing single-family condos or additional units, allowing you to tap into the demand for beachfront living. Convenient proximity to local amenities such as restaurants, coffee shops, bars, golf courses, boat ramps, and fishing access, ensuring residents and guests can enjoy the best of Jacksonville Beach. Seize this unparalleled opportunity to own Northeast Florida's premier short-term rental property, where luxury converges with income potential in one of the Sunshine State's most sought-after beachfront destinations. All furniture, contents and linens convey with the sale.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Living Area: 8,993 SqFt

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: KYLE BOSWORTH

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Laminate

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Beach, Ocean
  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Off Street, Parking Lot

Lot Features

Lot Information:

  • Lot: Dead End Street, Other
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Duncan U. Fletcher High School, Public District Grades 9-12
  • Duval Virtual Instruction Academy, Public District Grades KG-12
  • Duncan U. Fletcher Middle School, Public District Grades 6-8
  • Seabreeze Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From A1A, turn east on 8th Ave South. Property located at end of 8th Ave. SE corner of 1st St S and 8th Ave S.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $723/SqFt

Tax Information:

  • Annual Amount: $28,078
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jacksonville Beach, FL.

Med. Sold Price

$639.5K

Med. Price/SqFt

$381

Avg. Days On Market

52

# of Sold Homes

59

801 1st St S vs Jacksonville Beach

63 DAYS ON ROCKET

+11 Days

$6,500,000

+$5.8M More

$723/SqFt

+$341 More

KEY TAKEAWAY

This property is $5.8M more than the Median Sold Price and $341/SqFt more than other homes in Jacksonville Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: realMLS (Northeast Florida Multiple Listing Service)
  • MLS Number: #2011367

Listing Office:

  • Office Name: COMPASS FLORIDA LLC
  • Listing Agent: KYLE BOSWORTH

Copyright © 2024 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 other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 12:50:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$28,078$1,533,324
2019$28,324$1,525,350
2018$28,383$1,515,652
2017$26,668$1,408,376

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5158034
7
/10
  • Seabreeze Elementary School

  • 1400 Seabreeze Ave

  • 1.07 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5158035
5
/10
  • Duncan U. Fletcher Middle School

  • 2000 3rd St N

  • 1.88 miles

  • Public District Grades 6-8

High School

school-card-donut-5158036
5
/10
  • Duncan U. Fletcher High School

  • 700 Seagate Ave

  • 2.12 miles

  • Public District Grades 9-12

school-card-donut-5158037
3
/10
  • Duval Virtual Instruction Academy

  • 1701 Prudential Dr

  • 15.88 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,687. Most Jacksonville Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›Florida›Duval County›Jacksonville Beach›32250›801 1st St S

This home is located at 801 1st St S in Jacksonville Beach, FL and zip code 32250 in the Beaches neighborhood. This 8,993 square foot home, which was built in 1956, sits on a 0.35 acre lot. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $6,500,000.

In April 2024, from all listings sold in Jacksonville Beach, FL there were more than 11 sold above asking price, over 38 sold below and more than 10 were sold right at the asked price. The number of homes for sale in Jacksonville Beach, FL increased by 12.3% between March 2024 and April 2024. In April 2024, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $639,555.

From Rocket Homes Real Estate and based on county public records data.

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