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2768 State Road A1a
Atlantic Beach, FL 32233

Tidewater at Atlantic Beach · Multifamily Property For Sale · 120 Units

Investment Highlights

  • 120-Unit “Class B” Value-Add Community Located in Atlantic Beach, FL (Jacksonville MSA)
  • Significant Capital Expenditure Campaign of ~$1.625 Million ($13,580/unit)
  • Additional Income Potential of +$700,000; Attractive Unit Mix
  • Jacksonville is a Highly Ranked City in Florida with Numerous Accolades
  • Excellent Value-Add Opportunity with +$280/unit Market Rent Premiums
  • Attractive Amenity Package with the Ability to Enhance

PROPERTY FACTS

No. Units 120
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 8.30 AC
Building Size 93,280 SF
Average Occupancy 92%
No. Stories 2
Year Built 1986
Parking Ratio 2.14/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Granite Countertops
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Patio

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Pool
  • Property Manager on Site
  • Breakfast/Coffee Concierge
  • Car Wash Area
  • Grill
  • Package Service
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 56 - -
2+2 64 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
168430-0000
Land Assessment
$2,862,300
Improvements Assessment
$15,614,900
Total Assessment
$18,477,200

zoning

Zoning Code RMD-E (Residential Multi Family)
RMD-E (Residential Multi Family)
  • Listing ID: 23552984

  • Date on Market: 6/30/2021

  • Last Updated:

  • Address: 2768 State Road A1a, Atlantic Beach, FL 32233

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