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Bryan Fangman

bryan@precisionapproachrealty.com +1(407) 358-6996

$ 245,000

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Price Dropped by $5K

5055 SAN JUAN AVE Jacksonville, FL 32210

4 Beds

3 Baths

1,968 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,968 sqft

Price per Sqft $124

Subdivision Lakeside Park

MLS Listing ID 2127762

Bedrooms 4

Full Baths 3

Year Built 1966

Annual Tax Amount $2,218

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Multi Family

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

Value Add Income Property with Duplex on San Juan Ave Rare opportunity to acquire a mixed use parcel with two existing structures on San Juan Ave. The rear duplex features two units approximately 480 sq ft each, with estimated rents of $800 per unit for a potential $1,600 per month / $19,200 annually when fully leased. The front structure was impacted by a vehicle and is currently condemned by the City of Jacksonville. Property is being sold as is for land value and redevelopment potential, offering multiple strategies for the next owner. Options may include maintaining and improving the duplex as an income producer, removing the front structure, or pursuing new construction or redevelopment consistent with zoning and city requirements. This is a true investor special ideal for cash buyers or renovation financing. Buyer to verify zoning, permitted uses, condemnation status, and all development requirements with the City of Jacksonville.

Location

State FL

County Duval

Community Lakeside Park

Area 052-Lakeshore

Direction From Avondale, take St Johns Ave west to Roosevelt Blvd (US17). Turn left onto Roosevelt Blvd and go approximately 0.8-1.2 miles to San Juan Ave (SR128). Turn left onto San Juan Ave and continue about 0.8-1 mile past Cassat Ave. Property will be on the left at 5055 San Juan Ave.

Interior

Heating Central

Cooling Electric, Wall/Window Unit(s)

Furnishings Unfurnished

Exterior

Parking Features Additional Parking, Off Street

Fence Back Yard

Utilities Available Electricity Connected

Garage No

Private Pool No

Building

Lot Description Corner Lot

Water Public

New Construction No

Others

Tax ID 0937230000

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY • ARCHIE LEE STALEY

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NEARBY SCHOOLS & PROPERTIES

Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 358-6996

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Bryan Fangman

5055 SAN JUAN AVE Jacksonville, FL 32210

Key Details

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Interior

Exterior

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5055 SAN JUAN AVE