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123 18th Ave N

Jacksonville Beach FL 32250

9
8
4700 sq. ft.
6534 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Fully occupied 5-unit multifamily investment just one block from the beach at 123 18th Ave N in Jacksonville Beach. This stabilized coastal asset generates $12,095 per month in gross rental income with all units currently leased. The property features an attractive unit mix consisting of one 4BR/3BA unit, one 2BR/2BA unit, and three 1BR/1BA units, appealing to a broad tenant base and supporting strong rental demand. Prime walkable location near the ocean, dining, shopping, and entertainment in one of Northeast Florida's most desirable beach communities. Limited multifamily supply near the beach enhances long-term appreciation potential. Ideal for investors seeking immediate cash flow with future upside in a premier Jacksonville Beach location.

Features

9 bedrooms
8 bathrooms
4700 sq. ft. floor area
6534 sq. ft. lot size
Multi-Family

Property history for 123 18th Ave N

2018
Sold
$708,000
23 Feb 2018 by MARK LOWE, of KELLER WILLIAMS REALTY ATLANTIC PARTNERS
2017
Sold
$708,000
12 Oct 2017

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90%
90% of sellers in Jacksonville Beach reported that their sale price either exceeded or met their price expectations.

Jacksonville Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

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Local market activity for 9 bedroom multi families in Jacksonville Beach

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