
1202 1st St S Jacksonville Beach, FL 32250
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
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.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 |
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 |
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 | -- | -- |
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Rich Stancato
NOMAD REALTY
(904) 428-9269
38 in this area
63 Total Sales
-
Seller Co-Listing Agent in 2025
TriciaRae Stancato
NOMAD REALTY
(315) 857-7978
17 in this area
26 Total Sales
-
Buyer's Agent in 2025
JULIE GEISSMANN
FLUID REALTY, LLC.
(904) 568-7289
5 in this area
23 Total Sales
-
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
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