233 E BAY Street, #610, Jacksonville, FL, 32202 | $495,000

Set up a private tour of this spectacular office condo. It is currently being used as a recording studio for music, video and podcasts. Two of the rooms are completely sound proof, so you do not disturb the neighboring offices. This property has an amazing view of the St Johns River and Main St Bridge. You have front row view to all the main events, such as Jazz festival, firework shows and parades. Just minutes from Jags stadium and one block from the Florida Theater. This property has two designated parking spots, gated entry for parking and coded entry for building access. The building has 100% in its reserves, so when something needs to be repaired in the building, there is no assessment. The unit has a reception foyer to receive clients, kitchenette, 5 recording studios and a lounge for entertaining or can be used as a large office suite. This property has been completely renovated in '22. The common area is undergoing a renovation to update and bring additional value. There is an estimated 4 billion going into new construction and renovations in downtown area, now is a great time to purchase while prices are still affordable. Once these projects are complete, the prices are likely to skyrocket. We look forward to showing you this amazing gem. Please note, this property is an active business so please allow for ample time when requesting to view and please give multiple options days and times.

Features

  • Property Type: Office
  • Current Use: Commercial
  • Heating: Central
  • Cooling: Central Air
  • Units: 6
  • Year Built: 1974
  • Approx Sq. Feet: 1,626
  • Est. Taxes: $1,333
  • HOA Fee: $1,219 Monthly
  • Lot Desc: Other
  • MLS#: 2012148
  • Days on Market: 295 days
  • Website: https://www.raveis.com
    /prop/2012148/233ebaystreet_jacksonville_fl?source=qrflyer
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Listing courtesy of MAXREV, LLC

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

233 E BAY Street, #610, Jacksonville, FL, 32202

$495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $396,000 $396,000 $396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $111 $111 $111
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,668 $2,632 $3,340
Total Monthly Payment $2,854 $2,818 $3,526

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.