Seller's Agent in 2022
Michael Mcafee
RE/MAX
(904) 626-2888
11 in this area
141 Total Sales
1616 1st St Neptune Beach, FL 32266
Estimated Value: $908,000 - $1,216,707
8
Beds
8
Baths
4,224
Sq Ft
$254/Sq Ft
Est. Value
About This Home
As of October 2022Great investor opportunity in prime Neptune Beach location on desirable First Street. East of A1A - only steps to the beach and close to Town Center. 2 duplexes sitting on separate lots totaling 94' front feet on First by 134' deep. North building is 1616 & 1618 First St. Southern building is 1622 & 1624 First St. Only sold as a package. Fully leased for $9,100 total per month. Each unit has private backyard and front patio area. 1 bed / bath upstairs and 1 bed / bath down in each unit. Roof replaced in 2019. Ample off-street parking for all tenants.
Last Agent to Sell the Property
RE/MAX SPECIALISTS PV License #576648 Listed on: 07/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,940
Year Built
- Built in 1971
Lot Details
- 6,142
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 4,224 Sq Ft Home
- 2-Story Property
- Washer and Electric Dryer Hookup
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Schools
- Neptune Beach Elementary School
- Duncan Fletcher Middle School
- Duncan Fletcher High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Units
- Neptune Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 1730160000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2022
Closed on
Oct 14, 2022
Sold by
1616-18 Nb Llc
Bought by
Florida Sunrise Properties Llc
Seller's Agent
Michael Mcafee
RE/MAX SPECIALISTS PV
Buyer's Agent
Cyanne Goodwin
ENGEL & VOLKERS FIRST COAST
List Price
$2,200,000
Sold Price
$1,755,000
Premium/Discount to List
-$445,000
-20.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$820,239
Avg. Annual Appreciation
-17.49%
Purchase Details
Closed on
Aug 27, 2021
Sold by
Holloway Daniel M and Holloway Sara A
Bought by
1616 18 Nb Llc
Purchase Details
Closed on
Jul 9, 2002
Sold by
Holloway Margaret M
Bought by
Holloway Margaret M and The Margaret M Holloway Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Florida Sunrise Properties Llc | $877,500 | Homeguard Title & Trust | |
| 1616 18 Nb Llc | $750,000 | Attorney | |
| Holloway Margaret M | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2023 12/17/23 | Off Market | $1,755,000 | -- | -- |
| 10/14/2022 10/14/22 | Sold | $1,755,000 | -20.2% | $415 / Sq Ft |
| 10/03/2022 10/03/22 | Pending | -- | -- | -- |
| 07/01/2022 07/01/22 | For Sale | $2,200,000 | -- | $521 / Sq Ft |
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 | $15,940 | $901,038 | $744,480 | $156,558 |
| 2024 | $14,442 | $902,231 | $744,480 | $157,751 |
| 2023 | $14,442 | $800,963 | $628,155 | $172,808 |
| 2022 | $11,660 | $681,671 | $604,890 | $76,781 |
| 2021 | $11,755 | $668,849 | $442,035 | $226,814 |
| 2020 | $10,847 | $613,413 | $395,505 | $217,908 |
| 2019 | $10,368 | $577,903 | $372,240 | $205,663 |
| 2018 | $10,052 | $555,412 | $372,240 | $183,172 |
| 2017 | $9,756 | $536,613 | $325,710 | $210,903 |
| 2016 | $9,140 | $503,671 | $0 | $0 |
| 2015 | $8,283 | $454,107 | $0 | $0 |
| 2014 | $7,511 | $398,669 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Cyanne Goodwin
ENGEL & VOLKERS FIRST COAST
(904) 708-6019
9 in this area
98 Total Sales
Map
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 1178880
APN: 173016-0000
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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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