$1,540,000
UNDER CONTRACT

1700 Main St Atlantic Beach, FL 32233

Estimated payment $10,228/month

Total Views 7,650
12 Beds
6 Baths
4,500 Sq Ft
$342 Price per Sq Ft

Highlights

  • 0.89 Acre Lot
  • Tile Flooring
  • Stacked Washer and Dryer
  • Duncan U. Fletcher High School Rated A-
  • Central Heating and Cooling System
  • 4-minute walk to Dutton Island Preserve

About This Home

Tranquil six-unit property resting on nearly an acre offers an exceptional investment opportunity. Three modern solid concrete block duplexes generating over $11,000 in gross monthly revenue at full occupancy. Each unit has been thoughtfully updated to attract and retain tenants, blending stylish finishes with functionality. All units consist of 2 beds/1 bath, with ceramic tile floors, updated kitchen cabinets and stainless steel appliances, updated bathroom, and stackable washer/dryer. Additionally, every unit has parking for up to 2 vehicles plus side and back yard space. Several units feature fenced-in yards, adding privacy and outdoor living space that tenants appreciate. Electrical, Plumbing, HVAC all updated 2021. With strong rental income and minimal maintenance requirements, this turnkey property is an ideal addition to any investor's portfolio. Seize this chance to own an income-producing, appreciating asset in Atlantic Beach. Professional property management already in place

Listing Agent

Rich Stancato

NOMAD REALTY License #BK3393478

Co-Listing Agent

TriciaRae Stancato

NOMAD REALTY License #BK3531914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,595

Year Built

  • Built in 1972

Home Design

  • Block Exterior

Interior Spaces

  • 4,500 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Off-Street Parking
  • Assigned Parking

Additional Features

  • 0.89 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 6 Units
  • Section Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1723850040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,595

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Stories: 1
  • Year Built: 1972
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.89
  • Road Frontage Type: City Street
  • Subdivision Name: Section Land
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: UnderContract

Interior Features

  • Major Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
  • Furnished: Unfurnished
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Flooring: Tile
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Waterfront: No
  • Lot Features: Other
  • View: Other
  • Construction Type: Block
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Off Street
  • Parking Features:Assigned: Yes
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Separate Electric Meters, Sewer Connected, Water Connected
  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 38768.4
  • Parcel #: 1723850040
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 19594.98
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,377 $1,125,159 $326,400 $798,759
2023 $20,377 $1,163,978 $326,400 $837,578
2022 $6,486 $385,104 $307,200 $77,904
2021 $7,246 $438,672 $230,400 $208,272
2020 $6,820 $431,040 $230,400 $200,640
2019 $5,944 $333,861 $144,000 $189,861
2018 $4,839 $288,810 $124,800 $164,010
2017 $4,767 $310,887 $153,600 $157,287
2016 $4,144 $241,113 $0 $0
2015 $3,683 $194,565 $0 $0
2014 $3,662 $191,385 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Rented $1,825 +2.8% --
02/03/2025 02/03/25 Price Changed $1,775 0.0% $2 / Sq Ft
01/27/2025 01/27/25 Price Changed $1,540,000 -3.1% $342 / Sq Ft
01/02/2025 01/02/25 For Sale $1,590,000 0.0% $353 / Sq Ft
11/20/2024 11/20/24 For Rent $1,800 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

Deed History

Date Type Sale Price Title Company
Warranty Deed $480,000 Landmark Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $897,000 New Conventional
Closed $450,000 Balloon
Source: Public Records

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2062586

realMLS (Northeast Florida Multiple Listing Service)

APN: 172385-0040