NOT LISTED FOR SALE

123 1st St S Unit 702 Jacksonville Beach, FL 32250

Estimated Value: $2,527,567 - $3,182,000

4 Beds
4 Baths
3,650 Sq Ft
$1,749/mo HOA Fee

Last Sold October 22, 2021

Last sale price $2,305,000 $632 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $19,459/month

Highlights

  • Ocean Front
  • Intercom to Front Desk
  • 1 Fireplace
  • San Pablo Elementary School Rated 10
  • Wood Flooring
  • 4-minute walk to Oceanfront Park

About This Home

As of October 2021

Stunning views abound inside and out from this four bedroom penthouse in the sought after Waters Edge. With a balcony that spans the entire front of the building to offer unobstructed views up and down the beach for miles you'll get a front row seat to watch the blue angels during their beach shows. All four bedrooms are complete with ensuite baths and three of four bedrooms have walk-in closets. The building consists of only 17 units with secure entrances to both the parking areas and building entrances. It recently received a new roof and completely renewed landscaping.

Last Agent to Sell the Property

NICHOLAS EKLUND

FIRST COAST SOTHEBYS INTERNATIONAL REALTY License #3346627 Listed on: 08/28/2021

Last Buyer's Agent

Nicholas Eklund

ENGEL & VOLKERS FIRST COAST License #3346627

ENGEL & VOLKERS FIRST COAST

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,725

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • Front and Back Yard Sprinklers

HOA Fees

  • $1,749 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Additional Parking
  • Assigned Parking

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,650 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Ocean Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Common Area
  • Accessibility Features

Schools

  • San Pablo Elementary School
  • Duncan Fletcher Middle School
  • Duncan Fletcher High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Windows
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 1755910146

Community Details

Overview

  • Association fees include insurance, ground maintenance, pest control, sewer, water
  • Waters Edge Subdivision

Amenities

  • Intercom to Front Desk

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,725

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,749 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Subdivision Name: Waters Edge
  • Architectural Style: Flat
  • Efficiency: Windows
  • General Property Information Living Area2: 3650.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Security System Owned: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Stories Total: 7
  • ViewOcean: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Elevator, Entrance Foyer, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessible Common Area
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • Living Area: 3650.0
  • Stories: 7
  • ResoLivingAreaSource: Plans
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Roof: Other
  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Other
  • Pool Features: Heated, Other
  • View: Ocean
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features:Balcony: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Ocean Front: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Assigned, Garage, Underground
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Additional Parking: Yes

Utilities

  • Utilities: Cable Connected, Propane
  • Security: Entry Phone/Intercom, Secured Lobby, Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 1749.0
  • Association Fee Frequency: Monthly
  • Amenities: Management - Full Time, Trash
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1749.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Water2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Pest Control, Sewer, Water

Schools

  • Elementary School: San Pablo
  • High School: Duncan Fletcher
  • Middle Or Junior School: Duncan Fletcher

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 1755910146
  • Zoning Description: Condominium

Green Features

  • Green Energy Efficient:Windows: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Oct 22, 2021
Sold by
Buzash Albert Stephen and Buzash Rosalia Zocco
Bought by
Gunn Marshall Dean and Gunn Kathleen Harris
Seller's Agent
NICHOLAS EKLUND
FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Buyer's Agent
Nicholas Eklund
ENGEL & VOLKERS FIRST COAST
List Price
$2,495,000
Sold Price
$2,305,000
Premium/Discount to List
-$190,000
-7.62%
Current Estimated Value
$2,793,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,392
Avg. Annual Appreciation
4.90%
Original Mortgage
$750,000
Outstanding Balance
$683,930
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,109,462

Purchase Details

Closed on
Nov 30, 2011
Sold by
Ic Waters Edge Llc
Bought by
Buzash Albert Stephen and Zocco Buzash Rosalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Heartwood Partners 1 Llc
Bought by
Ic Waters Edge Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gunn Marshall Dean $2,305,000 Osborne & Sheffield Ttl Svcs
Buzash Albert Stephen $1,350,000 Gibraltar Title Services
Ic Waters Edge Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunn Marshall Dean $750,000
Previous Owner Buzash Albert Stephen $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $2,305,000 -- --
10/22/2021 10/22/21 Sold $2,305,000 -7.6% $632 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $2,495,000 -- $684 / Sq Ft
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 $36,725 $2,059,000 -- $2,059,000
2024 $35,809 $2,019,241 -- --
2023 $35,809 $1,960,429 $0 $0
2022 $36,515 $2,059,000 $0 $2,059,000
2021 $18,583 $1,062,792 $0 $0
2020 $21,241 $1,160,000 $0 $1,160,000
2019 $21,540 $1,160,000 $0 $1,160,000
2018 $21,461 $1,146,000 $0 $1,146,000
2017 $21,700 $1,146,000 $0 $1,146,000
2016 $21,852 $1,146,000 $0 $0
2015 $22,344 $1,146,000 $0 $0
2014 $22,693 $1,146,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1128470

realMLS (Northeast Florida Multiple Listing Service)

APN: 175591-0146