4800 Beach Blvd Boulevard
Jacksonville, FL 32207

Location, Location Location, no commute is longer than 25 minutes - downtown is 4 miles, if you desire to go to the beach, no problem just 14 miles, Ponte Vedra is only 20 miles away. This structurally sound building has 10 total office units; 6 units at 1000 sq ft, with an additional 4 units at 1328 sq ft. The building has 6 units with a kitchenette and four without.. All units have a 1/2 bath, accessible plumbing available to increase to a full bath . Typical floor size is 5,656. One unit is leased month to month. There are 36 parking places. Projected gross revenue for all 10 units with a maximum occupancy is $223,976.00, providing for a 40% expense load at $134,358.00. A full purchase price with $200,000.00 projected renovation budget results in a 9.7% cap rate.