$1,459,500
SOLD MAY 9, 2025

1700 Main St Atlantic Beach, FL 32233

12 Beds
6 Baths
4,500 Sq Ft
0.89 Acres

Recently Sold

$324 Per Sq Ft

8% Below List Price

98 Days on Market

Highlights

  • 0.89 Acre Lot
  • Tile Flooring
  • Stacked Washer and Dryer
  • Duncan U. Fletcher High School Rated A-
  • Central Heating and Cooling System
  • 4-minute walk to Dutton Island Preserve

About This Home

As of May 2025

Tranquil six-unit property resting on nearly an acre offers an exceptional investment opportunity. Three modern solid concrete block duplexes generating over $11,000 in gross monthly revenue at full occupancy. Each unit has been thoughtfully updated to attract and retain tenants, blending stylish finishes with functionality. All units consist of 2 beds/1 bath, with ceramic tile floors, updated kitchen cabinets and stainless steel appliances, updated bathroom, and stackable washer/dryer. Additionally, every unit has parking for up to 2 vehicles plus side and back yard space. Several units feature fenced-in yards, adding privacy and outdoor living space that tenants appreciate. Electrical, Plumbing, HVAC all updated 2021. With strong rental income and minimal maintenance requirements, this turnkey property is an ideal addition to any investor's portfolio. Seize this chance to own an income-producing, appreciating asset in Atlantic Beach. Professional property management already in place

Last Agent to Sell the Property

Rich Stancato

NOMAD REALTY License #BK3393478 Listed on: 01/02/2025

Co-Listed By

TriciaRae Stancato

NOMAD REALTY License #BK3531914

Last Buyer's Agent

Ryan Robbins

THE THAYVER GROUP License #BK3379877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,595

Year Built

  • Built in 1972

Home Design

  • Block Exterior

Interior Spaces

  • 4,500 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Off-Street Parking
  • Assigned Parking

Additional Features

  • 0.89 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 6 Units
  • Section Land Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 1723850040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,595

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Stories: 1
  • Year Built: 1972
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.89
  • Road Frontage Type: City Street
  • Subdivision Name: Section Land
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • General Property Information Living Area2: 4500.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • General Property Information Furnished: Unfurnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • General Property Information Stories Total: 1
  • General Property Information Lot Size Acres: 0.89
  • General Property Information Number Of Units Total2: 6.0
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Levels One: Yes
  • General Property Information Number Of Buildings2: 3.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Furnished: Unfurnished
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Flooring: Tile
  • Living Area: 4500.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Waterfront: No
  • Lot Features: Other
  • View: Other
  • Construction Type: Block
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Off Street
  • Parking Features:Assigned: Yes
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Separate Electric Meters, Sewer Connected, Water Connected
  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 38768.4
  • Parcel #: 1723850040
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 19594.98
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
May 9, 2025
Sold by
Barzel Dan
Bought by
1700 Main Street Trust
Seller's Agent
Rich Stancato
NOMAD REALTY
Buyer's Agent
Ryan Robbins
THE THAYVER GROUP
List Price
$1,590,000
Sold Price
$1,459,500
Premium/Discount to List
-$130,500
-8.21%
Views
125
Current Estimated Value
$1,481,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,814
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Jan 4, 2021
Sold by
Reinhardt Fritz E and Fritz E Reinhardt Living Trust
Bought by
1700 Main St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 6, 2018
Sold by
Reinhardt Fritz E
Bought by
Reinfiardt Fritz E and Fritz E Reinfiardt Living Trus

Purchase Details

Closed on
Aug 1, 2018
Sold by
Reinhardt Fritz E and The Juana C Reinhardt Living T
Bought by
Reinhardt Fritz E

Purchase Details

Closed on
Dec 3, 2007
Sold by
Reinhardt Juana C
Bought by
Reinhardt Juana C and Reinhardt Fritz E
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,459,500 None Listed On Document
Warranty Deed $480,000 Landmark Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $897,000 New Conventional
Previous Owner $450,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $1,459,500 +79872.6% $324 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
02/12/2025 02/12/25 Rented $1,825 +2.8% --
02/03/2025 02/03/25 Price Changed $1,775 0.0% $2 / Sq Ft
01/27/2025 01/27/25 Price Changed $1,540,000 -3.1% $342 / Sq Ft
01/02/2025 01/02/25 For Sale $1,590,000 0.0% $353 / Sq Ft
11/20/2024 11/20/24 For Rent $1,800 -- --
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 $19,595 $1,123,972 $326,400 $797,572
2024 $19,595 $1,125,159 $326,400 $798,759
2023 $20,377 $1,163,978 $326,400 $837,578
2022 $6,486 $385,104 $307,200 $77,904
2021 $7,246 $438,672 $230,400 $208,272
2020 $6,820 $431,040 $230,400 $200,640
2019 $5,944 $333,861 $144,000 $189,861
2018 $4,839 $288,810 $124,800 $164,010
2017 $4,767 $310,887 $153,600 $157,287
2016 $4,144 $241,113 $0 $0
2015 $3,683 $194,565 $0 $0
2014 $3,662 $191,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2062586

realMLS (Northeast Florida Multiple Listing Service)

APN: 172385-0040