$1,299,900

553597 Us Highway 1 Hilliard, FL 32046

Hilliard Neighborhood

Estimated payment $7,666/month

Total Views 1,912
337 Beds
5 Baths
5,724 Sq Ft
$227 Price per Sq Ft

Highlights

  • Spa
  • RV Access or Parking
  • 6 Car Garage
  • Hilliard Elementary School Rated A-
  • Circular Driveway
  • Cooling System Mounted To A Wall/Window

About This Home

Investment Opportunity in Hilliard, FL: A 18-Unit Multifamily Gem Discover a lucrative investment opportunity in the heart of Hilliard, Florida, with this impressive 18-unit multifamily building available for $1,299,900. This property boasts a remarkable yearly return on investment (ROI) of over 13% yearly, making it a standout addition to your real estate portfolio. With a prime location just off Highway 1, you're only minutes away from the Georgia border and a quick 25-minute drive to Jacksonville, making it an ideally situated asset for both tenants and investors alike. The building features two spacious 3-car garages, offering added value and flexibility for potential use as storage units, additional apartments, or even a coin laundry facility. This property has several long term tenants who pay on time! Property also has many updates including new roof in 2017, new well pump in 2024, new flooring in 2020, new toilets and sinks in 2020, New AC units in 2022.

Listing Agent

Daniel Colombo

US REALTY HUB License #3493232

US REALTY HUB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,933

Year Built

  • Built in 1952

Lot Details

  • 2.11 Acre Lot
  • Chain Link Fence
  • Irregular Lot
  • Cleared Lot
  • Few Trees

Parking

  • 6 Car Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Circular Driveway
  • Shared Driveway
  • Guest Parking
  • Additional Parking
  • Parking Lot
  • Off-Street Parking
  • RV Access or Parking
  • Unassigned Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 5,724 Sq Ft Home
  • 2-Story Property
  • Front Loading Washer

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 337 Bedrooms
  • 5 Full Bathrooms
  • Low Flow Plumbing Fixtures

Home Security

  • Security Lights
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Lighting

Outdoor Features

  • Spa
  • Fire Pit

Schools

  • Hilliard Elementary And Middle School
  • Hilliard High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Underground Utilities
  • Well
  • High-Efficiency Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 304N24000000100000

Community Details

Overview

  • 17 Units
  • Nassau Subdivision

Recreation

  • Community Spa

Building Details

  • Income includes ["rent only"]
  • Operating Expense $51,118
  • Gross Income $196,116
  • Net Operating Income $51,118

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,933

Year Built

Built in 1952

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Stories: 2
  • Year Built: 1952
  • Property Sub Type: Multi Family
  • Lot Size Acres: 2.11
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt, Gravel, Paved
  • Subdivision Name: Nassau
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Appliances, Lighting, Water Heater
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Gross Scheduled Income: 144997.56
  • Income And Expenses Operating Expense: 51118.44
  • Owner Pays:Sewer2: Yes
  • Pool Features Fenced2: Yes
  • Laundry Features Common Area2: Yes
  • Road Frontage Type Highway: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: None

Interior Features

  • Major Appliances: Electric Oven, Electric Range, Electric Water Heater, Freezer, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer, Water Softener Owned
  • Spa Features: Community, Private
  • Owner Pays: Other, Common Area Maintenance, Electricity, Exterior Maintenance, Grounds Care, Hot Water, HVAC Maintenance, Insurance, Janitorial Service, Management, Pest Control, Pool Maintenance, Repairs, Roof Maintenance, Sewer, Taxes, Trash Collection, Water
  • Full Bathrooms: 5
  • Total Bedrooms: 337
  • Flooring: Laminate, Tile, Vinyl
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Water Softener-Owned: Yes
  • Appliances:Freezer: Yes
  • Appliances:Electric Oven: Yes
  • Spa Features:Community2: Yes
  • Appliances:Plumbed For Ice Maker: Yes

Exterior Features

  • Exterior: Fire Pit
  • Fencing: Chain Link
  • Roof: Shingle
  • Lot Features: Cleared, Few Trees, Irregular Lot
  • Pool Features: In Ground, Fenced
  • Other Structures: Shed(s), Workshop
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Fire Pit: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 6.0
  • Parking Features: Additional Parking, Attached, Carport, Circular Driveway, Covered, Detached, Garage, Garage Door Opener, Guest, Off Street, Parking Lot, RV Access/Parking, Shared Driveway, Unassigned, Varies by Unit
  • General Property Information:Garage Spaces: 6.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Unassigned: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Garage YN: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
  • Security: Closed Circuit Camera(s), Security Fence, Security Lights, Smoke Detector(s)
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Varies by Unit
  • Heating Yn: Yes
  • Electric: Underground
  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Heating:Varies by Unit2: Yes

Schools

  • Elementary School: Hilliard
  • High School: Hilliard
  • Middle Or Junior School: Hilliard

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 91911.6
  • Parcel #: 304N24000000100000
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Appliances: Yes
  • Green Energy Efficient:Lighting: Yes
  • Green Energy Efficient:Water Heater: Yes

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 17
  • Annual Gross Income: 196116.0
  • Income Includes: ["Rent Only"]
  • Annual Operating Expense: 51118.44

Tax Info

  • Tax Annual Amount: 4933.1
  • 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 $3,756 $399,147 $42,035 $357,112
2023 $3,756 $235,304 $42,035 $193,269
2022 $2,286 $167,257 $31,040 $136,217
2021 $2,046 $130,083 $31,040 $99,043
2020 $1,953 $122,375 $26,790 $95,585
2019 $1,997 $123,684 $26,790 $96,894
2018 $1,961 $119,979 $0 $0
2017 $1,169 $116,854 $0 $0
2016 $1,347 $127,187 $0 $0
2015 $1,376 $126,608 $0 $0
2014 $1,447 $130,671 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $1,175,000 -9.6% $205 / Sq Ft
04/06/2025 04/06/25 For Sale $1,299,900 +10.6% $227 / Sq Ft
02/24/2025 02/24/25 Off Market $1,175,000 -- --
01/31/2025 01/31/25 For Sale $1,175,000 -- $205 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $100 Legal Counsel Pa
Interfamily Deed Transfer -- Accommodation
Warranty Deed $115,000 Nona Title Inc
Warranty Deed $150,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Commercial
Previous Owner $10,000 Commercial
Closed $0 Unknown
Source: Public Records

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2080126

realMLS (Northeast Florida Multiple Listing Service)

APN: 30-4N-24-0000-0010-0000

Florida Nassau County Hilliard 32046 Hilliard

553597 Us Highway 1, Hilliard, FL

Homes for Sale in Hilliard, FL

This home is located at 553597 Us Highway 1, Hilliard, FL 32046 and is currently priced at $1,299,900, approximately $227 per square foot. This property was built in 1952. 553597 Us Highway 1 is a home located in Nassau County with nearby schools including Hilliard Elementary School and Hilliard Middle/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

realMLS (Northeast Florida Multiple Listing Service) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

Daniel Colombo
Listing Agent
Daniel Colombo
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US REALTY HUB
(904) 474-5468