1700-1750 Main St
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1700-1750 Main St
6 Unit Apartment Building Offered at $1,590,000 at a 6.24% Cap Rate in Atlantic Beach, FL 32233
Executive Summary
This fully renovated six-unit property in the heart of Mayport offers an exceptional investment opportunity. Comprising three modern duplexes on nearly an acre, it generates an impressive $11,050 in gross monthly rents. Each unit has been thoughtfully updated to attract and retain tenants, blending stylish finishes with functionality.
All units consist of 2 bedrooms and come with custom tile floors, brand new kitchen cabinets and appliances, new bathroom, and new stackable washer and dryer. Additionally, every unit has a parking pad for up to 2 vehicles plus side and back yard space. Several units feature fenced-in backyards, adding privacy and outdoor living space that tenants appreciate.
With strong rental income and minimal maintenance requirements, this turnkey property is an ideal addition to any investor's portfolio. Seize this rare chance to own a high-performing, income-producing asset.
All units consist of 2 bedrooms and come with custom tile floors, brand new kitchen cabinets and appliances, new bathroom, and new stackable washer and dryer. Additionally, every unit has a parking pad for up to 2 vehicles plus side and back yard space. Several units feature fenced-in backyards, adding privacy and outdoor living space that tenants appreciate.
With strong rental income and minimal maintenance requirements, this turnkey property is an ideal addition to any investor's portfolio. Seize this rare chance to own a high-performing, income-producing asset.
Property Facts
| Price | $1,590,000 | Property Type | Multifamily |
| Price Per Unit | $265,000 | Building Size | 4,716 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.24% | Year Built/Renovated | 1972/2021 |
| No. Units | 6 | Parking Ratio | 2.54/1,000 SF |
| Price | $1,590,000 |
| Price Per Unit | $265,000 |
| Sale Type | Investment |
| Cap Rate | 6.24% |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 4,716 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1972/2021 |
| Parking Ratio | 2.54/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 750 |
1 of 1
zoning
| Zoning Code | ARG |
| ARG |
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1700-1750 Main St
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