$1,500,000
SOLD JUN 8, 2023
5 Beds
5 Baths
2,624 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$572 Per Sq Ft

6% Below List Price

42 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Central Heating and Cooling System
  • Duncan U. Fletcher High School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2025

Tap into coastal investing at its finest with this cash-flowing ocean-view multifamily property in Jacksonville Beach! This is a unique opportunity to own a turnkey investment property with significant rental income of nearly $170k annually as a short-term rental. A total of 3 fully-furnished units featuring immaculate living areas, updated kitchens/baths, and masterful design. The property has been well-maintained with interior renovations, enhancing its rental appeal and making it a sought-after destination. Amenities include balconies with breathtaking ocean-views, in-unit laundry, oversized off-street parking, and fenced outdoor space perfect for entertaining. Walking distance to endless shops, bars, restaurants, and beach attractions. A must have addition to any portfolio.

Last Agent to Sell the Property

Rich Stancato

NOMAD REALTY License #BK3393478 Listed on: 03/22/2023

Co-Listed By

TriciaRae Stancato

NOMAD REALTY License #BK3531914

Last Buyer's Agent

RICHARD STANCATO

UNITED REAL ESTATE GALLERY License #BK3393478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,483

Year Built

  • Built in 1983

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,624 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Carport Spaces
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 3 Units
  • Pablo Beach South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1762170000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,483

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 3
  • Year Built: 1983
  • Property Sub Type: Triplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Pablo Beach South
  • General Property Information Living Area2: 2624.0
  • General Property Information Waterfront YN: No
  • General Property Information Carport Spaces2: 3.0
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Furnished: Furnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Stories Total: 3
  • ViewOcean: Yes
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Units Total2: 3.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 2624.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None
  • View: Ocean
  • Construction Type: Shell Dash

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3.0
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Parcel #: 1762170000

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
May 2, 2025
Sold by
1St Jax Beach Llc
Bought by
1202 1St Street S Llc
Seller's Agent
Rich Stancato
NOMAD REALTY
Buyer's Agent
JULIE GEISSMANN
FLUID REALTY, LLC.
List Price
$1,650,000
Sold Price
$1,650,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.01%
Original Mortgage
$1,320,000
Outstanding Balance
$1,320,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$154,560

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 8, 2023
Sold by
1202 Triplex Jax Bch Llc
Bought by
1St Jax Beach Llc
Seller's Agent
Rich Stancato
NOMAD REALTY
Buyer's Agent
Rich Stancato
NOMAD REALTY
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$1,125,000
Interest Rate
6.79%
Mortgage Type
Balloon

Purchase Details

Listed on
Jan 12, 2020
Closed on
Mar 25, 2020
Sold by
Stewart Gary and Stewart Kay
Bought by
1202 Triplex Jax Bch Llc
Seller's Agent
TOM STEWART
LA ROSA REALTY NORTH FLORIDA, LLC.
Buyer's Agent
Rich Stancato
NOMAD REALTY
List Price
$1,000,000
Sold Price
$925,000
Premium/Discount to List
-$75,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jun 21, 2018
Sold by
Stewart Gary and Stewart Kay
Bought by
Stewart Gary and Stewart Kay
Seller's Agent
TOM STEWART
LA ROSA REALTY LLC
Buyer's Agent
TOM STEWART
LA ROSA REALTY NORTH FLORIDA, LLC.
Sold Price
$1,500

Purchase Details

Closed on
Jun 30, 2006
Sold by
Briggs Richard P and Briggs Lorrie
Bought by
Stewart Gary and Stewart Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
1.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Holland John W and Holland Bonnie P
Bought by
Briggs Richard P and Briggs Lorrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,650,000 Title America Real Estate Clos
Warranty Deed $1,650,000 Title America Real Estate Clos
Warranty Deed $1,500,000 None Listed On Document
Warranty Deed $925,000 Richard T Morehead T&E Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $835,000 United American Title Inc
Warranty Deed $700,000 United American Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,320,000 New Conventional
Closed $1,320,000 New Conventional
Previous Owner $1,260,000 New Conventional
Previous Owner $1,125,000 Balloon
Previous Owner $668,000 Purchase Money Mortgage
Previous Owner $560,000 Fannie Mae Freddie Mac
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $1,650,000 0.0% $629 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $1,650,000 +78.4% $629 / Sq Ft
12/17/2023 12/17/23 Off Market $925,000 -- --
12/17/2023 12/17/23 Off Market $1,500,000 -- --
06/08/2023 06/08/23 Sold $1,500,000 -6.3% $572 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $1,600,000 +73.0% $610 / Sq Ft
03/27/2020 03/27/20 Sold $925,000 -7.5% $353 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
01/12/2020 01/12/20 For Sale $1,000,000 0.0% $381 / Sq Ft
08/05/2018 08/05/18 Rented $1,500 0.0% --
08/05/2018 08/05/18 Under Contract -- -- --
08/01/2018 08/01/18 For Rent $1,500 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,483 $1,318,480 $774,805 $543,675
2024 $16,593 $1,318,480 $716,800 $601,680
2023 $16,593 $919,867 $573,440 $346,427
2022 $14,077 $793,748 $491,520 $302,228
2021 $13,860 $761,322 $491,520 $269,802
2020 $13,784 $752,732 $491,520 $261,212
2019 $12,412 $668,412 $476,160 $192,252
2018 $6,624 $395,432 $0 $0
2017 $6,476 $383,465 $0 $0
2016 $6,362 $374,731 $0 $0
2015 $6,453 $371,823 $0 $0
2014 $6,211 $369,764 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1218123

realMLS (Northeast Florida Multiple Listing Service)

APN: 176217-0000