NOT LISTED FOR SALE

320 First St Neptune Beach, FL 32266

Estimated Value: $2,050,658 - $3,422,000

7 Beds
8 Baths
4,714 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $1,495,000 $317 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $16,306/month

About This Home

As of December 2020

Incredible opportunity to own one of the most desired properties in Neptune Beach. Balconies galore! Unique layout and wonderful investment potential. Concrete block and steel construction. Main house and additional town house style accessory unit. Please see MLS#1007030 for additional information and photos. The property is currently rented at $8400/mo total, expiring 2/28/21. Neptune Beach allows short term rentals with a 28 day min, creating an opportunity for higher rental rates for both units. Live in one, rent the other. Outstanding location...walk across the street to the Beach and one block to the Town Center. Newer roof, a/c, and over $150k in recent upgrades.

Last Agent to Sell the Property

KELLY HOBBS

FLORIDA HOMES REALTY & MTG LLC License #3058766 Listed on: 12/08/2020

Last Buyer's Agent

Rich Stancato

NOMAD REALTY License #BK3393478

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,706

Year Built

  • Built in 1955

Lot Details

  • 5,184

Parking

  • 5 Car Garage

Interior Spaces

  • 4,714 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • Lot Dimensions are 52x100
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Neptune Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1727980000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,706

Year Built

Built in 1955

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Stories: 3
  • Year Built: 1955
  • Lot Size: 52x100
  • Road Surface Type: Asphalt
  • Subdivision Name: Neptune Beach
  • General Property Information Living Area2: 4714.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • General Property Information Stories Total: 3
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Living Area: 4714.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No
  • Pool Features: None

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: Other
  • General Property Information:Garage Spaces: 5.0
  • Parking Features:Other10: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Lot Info

  • Parcel #: 1727980000

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Dec 21, 2020
Sold by
Eckstein Nancy S and Eckstein Nancy S
Bought by
Kristoff Joshua and Kristoff Kassandra
Seller's Agent
KELLY HOBBS
FLORIDA HOMES REALTY & MTG LLC
Buyer's Agent
Rich Stancato
NOMAD REALTY
List Price
$1,675,000
Sold Price
$1,495,000
Premium/Discount to List
-$180,000
-10.75%
Current Estimated Value
$2,616,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,121,165
Avg. Annual Appreciation
12.28%
Original Mortgage
$1,495,000
Outstanding Balance
$1,333,369
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$1,282,796

Purchase Details

Closed on
Dec 7, 2018
Sold by
Eckstein Nancy S
Bought by
Eckstein Nancy S and Nancy S Eckstein Living Trust

Purchase Details

Closed on
Nov 15, 2017
Sold by
Nse Llc
Bought by
Eckstein Nancy S

Purchase Details

Closed on
May 3, 2017
Sold by
Adams Andrew M
Bought by
Nse Llc

Purchase Details

Closed on
May 28, 1997
Sold by
Boney Sarah E
Bought by
Adams Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,100
Interest Rate
8%
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 Buyer Sale Price Title Company
Kristoff Joshua $1,495,000 Ponte Vedra Title Llc
Eckstein Nancy S -- Attorney
Eckstein Nancy S -- Attorney
Nse Llc $1,300,000 Attorney
Adams Andrew M $96,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kristoff Joshua $1,495,000
Previous Owner Adams Andrew M $77,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $1,495,000 -- --
12/17/2023 12/17/23 Off Market $2,800 -- --
12/21/2020 12/21/20 Sold $1,495,000 -10.7% $317 / Sq Ft
12/08/2020 12/08/20 For Sale $1,675,000 +59721.4% $355 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
08/01/2020 08/01/20 Rented $2,800 -3.4% --
07/13/2020 07/13/20 Under Contract -- -- --
06/05/2020 06/05/20 For Rent $2,900 -- --
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 $29,706 $1,740,051 -- --
2024 $29,188 $1,702,003 -- --
2023 $29,188 $1,694,333 $0 $0
2022 $26,214 $1,579,520 $601,640 $977,880
2021 $21,899 $1,246,003 $439,660 $806,343
2020 $19,320 $1,134,253 $0 $0
2019 $19,148 $1,108,752 $0 $0
2018 $18,521 $1,064,688 $0 $0
2017 $7,375 $483,564 $0 $0
2016 $7,188 $467,981 $0 $0
2015 $7,045 $452,156 $0 $0
2014 $6,440 $379,918 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1054763

realMLS (Northeast Florida Multiple Listing Service)

APN: 172798-0000