Address
817 Cedar STREET, JACKSONVILLE, FL
Price
$ 695,000
Property Attributes
  • MLS#O6191607
  • TypeSingle Family
  • CountyDUVAL
  • CityJACKSONVILLE
  • AreaJacksonville
  • NeighborhoodPhillips Add To Palm Park
  • Zip32207
  • StyleColonial
  • Year Built1939
  • Taxes$ 9417
  • Price$ 695,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1974
  • Lot Size4,356 SqFt
Data Source:
Stellar MLS
Property Description

Prime Investment Opportunity in San Marco. New roof as of March 2024. Rarely available and brimming with charm, this unique 1939 triplex is ideally situated in the heart of San Marco, just a block from the serene St. John's River and a stone's throw from Jim Rink Park. This well-maintained multi-unit property offers excellent cash flow opportunities, and it's just a couple blocks from Baptist MD Anderson, local hospitals, and the vibrant dining and nightlife of San Marco. The property comprises two well-maintained 2-bedroom, 1-bathroom units in a duplex, both with modern finishes and appliances updated in 2020. The lower duplex unit, currently leased at $1,650/month on a month-to-month basis to a tenant that's been in the unit for over a year, offers 987 square feet of comfortable living space. The upper unit, also 987 square feet, is currently rented month-to-month to a tenant that's been in the unit for 3 years at a below-market rate of $1,295/month, offering the potential for increased rental income. Nestled above the 3-car garage is a quaint, furnished 1-bedroom, 1-bathroom apartment, boasting 690 square feet of living space with beautifully refurbished hardwood floors. This unit is perfect for short-term rentals, currently generating $1,300/month. All tenants have access to shared laundry facilities in the garage and a communal patio space for relaxation and entertainment. Invest in the vibrant neighborhood of San Marco, with this property's delightful blend of history, charm, and income-generating potential. Contact us for more information or to arrange a viewing of this exceptional investment opportunity today!

Price History
4/2/2024 Listed $670,000

General Features

Interior Features Thermostat
Sewer Public Sewer
Heating Electric
Cooling Central Air,Wall/Window Unit(s)
Utilities Public
Roof Shingle
Appliances Convection Oven,Cooktop,Dryer,Electric Water Heater,Microwave,Refrigerator,Washer
Exterior Features Sidewalk
Zoning CRO
Garage Spaces 3
Architectural Style Colonial
Construction Materials Brick
Year Built 1939
Levels Two
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Duval
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Subdivision Name PHILLIPS ADD TO PALM PARK
Facing Direction South
Garage Y/N Yes
Total Rooms 13
Status Active
Directions From I 95 North,take exit 348 to continue onto Acosta Expressway,then take the Mary Street exit. Immediately turn right on to San Marco Blvd. Proceed south on San Marco Blvd for half a mile. Turn rig
City JACKSONVILLE
Buyer Agent Compensation 2%
Senior Community Y/N No
MLS Area 32207 - Jacksonville
Lot Size Square Feet 4494
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Cedar
Listing Terms Cash,Conventional
Property Attached Y/N Yes
Tax Annual Amount 9417
Public Remarks Prime Investment Opportunity in San Marco. New roof as of March 2024. Rarely available and brimming with charm,this unique 1939 triplex is ideally situated in the heart of San Marco,just a block
Lease Considered Y/N Yes
Days on Market 1
Standard Status Active
Tax Lot 10
Legal Description 8-11 44-2S-26E PHILIPS ADDN TO PALM PARK W 40FT LOT 10 BLK 5
Water View River
Minimum Lease No Minimum
Additional Rooms Garage Apartment

Interior Features

Flooring Laminate,Hardwood
Furnished Y/N Partially
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Street Suffix STREET
Laundry Features In Garage
Total Bedrooms 5
LivingAreaSource Public Records
Total Baths 3
Living Area Units Square Feet

Exterior Features

Parking Features Alley Access,Garage Faces Rear,Off Street
Water Source Public
Lot Size Area 4494
Foundation Details Crawlspace
Spa No
Building Area Total 2664
Lot Size Acres 0.1
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32207

Price
AVG $660K
$700K
Taxes
AVG $5,349
$9,417
Visits
AVG 201
155
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1939

Areas We Cover