Property Description
DOWNTOWN JACKSONVILLE 3rd Floor Condo DUPLEX: 7.78% CAP ($21K NOI) with 2 KEYS and POTENTIAL FOR 4 KEYS TOTAL! Located in Residences at City Place, this single deeded parcel features a dual-key floor plan with 2 private units (A&B) behind 1 main entry door for true DUPLEX cash flow. This renovated, fully furnished property offers a turnkey dual-income layout optimized for STR/MTR performance. Controlling 2 doors in 1 asset mitigates vacancy risk and maximizes earnings on Airbnb, Furnished Finder, or VRBO. Situated in Downtown Jax's Gateway Jax and Pearl Square growth zone near EverBank Stadium (Go Jags!), Daily's Place, VyStar Arena, UF Health, and the Federal Courthouse. Amenities: fitness center, clubhouse, elevators, key-card entry, and laundry. Turnkey 1031 Exchange Asset. Bundle with Unit 701 A&B (MLS #2149215) to control 4 keys at an 8.22% blended proforma CAP rate. Cash only, no creative financing.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Separate Meters
Heating: Central, Electric, Separate Meters
Taxes: $2,024
Year Built: 1949
Square Feet: 984
Feature Descriptions
Sewer: Public Sewer
Special View Info: City
Units: 2
Listed By / Shown By
Listed By
Agency Name: JPAR CITY AND BEACH
Shown By
Agent Name: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 1,608.42 per month $1,361.01 Principal & Interest $168.67 Property Tax $78.75 Homeowner's InsuranceChange Payment Information
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311 W Ashley Street, Unit 305 A&B | MLS# 2147558
This multi-family property located at 311 W Ashley Street, Unit 305 A&B, Jacksonville, FL 32202 is currently listed for sale with an asking price of $270,000. Search Jacksonville real estate on www.soldbyloscalzo.com today.