1202 1st St S Jacksonville Beach, FL 32250
5
Beds
5
Baths
2,624
Sq Ft
3,049
Sq Ft Lot
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 2025Tap 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 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
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Rich Stancato
Seller's Agent in 2025
Rich Stancato
NOMAD REALTY
(904) 428-9269
38 in this area
63 Total Sales
-
TriciaRae Stancato
Seller Co-Listing Agent in 2025
TriciaRae Stancato
NOMAD REALTY
(315) 857-7978
17 in this area
26 Total Sales
-
JULIE GEISSMANN
Buyer's Agent in 2025
JULIE GEISSMANN
FLUID REALTY, LLC.
(904) 568-7289
5 in this area
23 Total Sales
-
Carlie Peters
Buyer Co-Listing Agent in 2025
Carlie Peters
FLUID REALTY, LLC.
(616) 856-6905
1 in this area
21 Total Sales
-
R
Buyer's Agent in 2023
RICHARD STANCATO
UNITED REAL ESTATE GALLERY
-
T
Seller's Agent in 2018
TOM STEWART
LA ROSA REALTY LLC
Map
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 1218123
APN: 176217-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
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