Property Description
DOWNTOWN JACKSONVILLE 7th Floor Condo DUPLEX: 8.28% PROFORMA CAP ($22K NOI) with 2 KEYS and POTENTIAL FOR 4 KEYS TOTAL! Your guests will enjoy elevated city views from the 7th floor of Residences at City Place. Engineered for DUPLEX cash flow, this single deeded corner parcel features a dual-key floor plan with 2 private units behind 1 main entry door, headlined by a spacious 1BR corner suite. Fully furnished and turnkey-ready for maximum STR/MTR performance across Airbnb, Furnished Finder, or VRBO. Holding 2 doors under 1 deed minimizes total vacancy risk. Located 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. Combine with Unit 305 A&B (MLS #2147558) to expand to 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
Heating: Central, Electric, Separate Meters
Taxes: $2,133
Year Built: 1949
Square Feet: 1,026
Feature Descriptions
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
$ 1,617.51 per month $1,361.01 Principal & Interest $177.75 Property Tax $78.75 Homeowner's InsuranceChange Payment Information
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311 W Ashley Street, Unit 701 A&B | MLS# 2149215
This multi-family property located at 311 W Ashley Street, Unit 701 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.