NOT LISTED FOR SALE

724 E Coast Dr Atlantic Beach, FL 32233

Estimated Value: $1,071,000 - $2,005,000

8 Beds
4 Baths
3,280 Sq Ft
$512/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $1,100,000 $335 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,762/month

32 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-minute walk to Bull Memorial Park & Adele Grage Cultural Center
  • Atlantic Beach Elementary School Rated A-

About This Home

As of October 2020

LOCATION, LOCATION, LOCATION! This charming FOURPLEX sits just two blocks from the ocean and directly across from Bull Park in the heart of old Atlantic Beach on a 130'x70' lot.
Each of the four units has two bedrooms and one bathroom. Three of the units have W/D hook-ups. Solid rental history and units rarely come available. Keep it as-is or remodel and fetch premium price for the premium location.

Last Agent to Sell the Property

SHELLEY McCARTHY

KELLER WILLIAMS REALTY ATLANTIC PARTNERS License #3410451 Listed on: 08/14/2020

Last Buyer's Agent

Melissa Gann

PETRA MANAGEMENT INC. License #bk646284

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 130x75

Home Design

  • Quadruplex
  • Wood Frame Construction

Interior Spaces

  • 3,280 Sq Ft Home
  • 2-Story Property
  • Electric Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Atlantic Beach Elementary School
  • Mayport Middle School
  • Duncan Fletcher High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • Atlantic Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1699170000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Quadruplex
  • Lot Size: 130x75
  • Road Surface Type: Paved
  • Subdivision Name: Atlantic Beach
  • General Property Information Living Area2: 3280.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 381.1
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Information Stories Total: 2
  • General Property Information Number Of Units Total2: 4.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Tile, Wood
  • Living Area: 3280.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: None
  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Utilities

  • Utilities: Separate Electric Meters
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: Atlantic Beach
  • High School: Duncan Fletcher
  • Middle Or Junior School: Mayport

Lot Info

  • Parcel #: 1699170000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 29, 2020
Sold by
Ross Donna W and D Lee Ross Family Trust
Bought by
Lagoy Edward
Seller's Agent
SHELLEY McCARTHY
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Buyer's Agent
Melissa Gann
PETRA MANAGEMENT INC.
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$1,679,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,546
Avg. Annual Appreciation
8.38%
Original Mortgage
$825,000
Outstanding Balance
$727,127
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$952,419

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 11, 2020
Sold by
Ross Donna W
Bought by
Ross Donna W and D Lee Ross Family Trust
Seller's Agent
SHELLEY McCARTHY
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Buyer's Agent
Melissa Gann
PETRA MANAGEMENT INC.
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Outstanding Balance
$727,127
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$952,419

Purchase Details

Closed on
Aug 19, 2013
Sold by
Ross Donna W
Bought by
Ross Donna W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,850
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2004
Sold by
Ross Donna W
Bought by
Ross Donna W and D Lee Ross Family Trust

Purchase Details

Closed on
Oct 16, 2002
Sold by
Ross Donna W
Bought by
Ross Donna W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lagoy Edward $1,100,000 Us Patriot Title Llc
Ross Donna W -- Attorney
Ross Donna W -- Attorney
Ross Donna W -- --
Ross Donna W -- First Coast Title Services I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagoy Edward $825,000
Previous Owner Ross Donna W $256,850
Previous Owner Ross Donna W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $1,100,000 -- --
10/01/2020 10/01/20 Sold $1,100,000 -12.0% $335 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $1,250,000 -- $381 / 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
2026 $23,857 $1,413,276 -- --
2025 $21,704 $1,284,797 -- --
2024 $19,049 $1,382,915 $975,000 $407,915
2023 $19,049 $1,139,173 $781,250 $357,923
2022 $16,656 $1,044,189 $762,500 $281,689
2021 $15,254 $874,746 $625,000 $249,746
2020 $10,734 $702,702 $600,000 $102,702
2019 $9,538 $576,503 $460,000 $116,503
2018 $8,656 $508,804 $400,000 $108,804
2017 $7,721 $424,962 $340,000 $84,962
2016 $7,711 $416,735 $0 $0
2015 $7,339 $387,663 $0 $0
2014 $6,965 $379,022 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    SHELLEY McCARTHY

    KELLER WILLIAMS REALTY ATLANTIC PARTNERS

  • Melissa Gann

    Buyer's Agent in 2020

    Melissa Gann

    PETRA MANAGEMENT INC.

    (904) 881-6124

    7 in this area

    25 Total Sales

    Melissa Gann
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1068206

realMLS (Northeast Florida Multiple Listing Service)

APN: 169917-0000

Florida Duval County Atlantic Beach 32233

724 E Coast Dr, Atlantic Beach, FL

Not Listed for Sale

MultiFamily

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realMLS (Northeast Florida Multiple Listing Service) 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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