505 UPPER 8TH Avenue S, Jacksonville Beach, FL, 32250 | $470,000

Charming 2-Bedroom Beach House in Jacksonville Beach. Located at 505 Upper 8th Ave South, Jacksonville Beach, FL 32250. Listing Price: $470, 000
Discover your dream coastal retreat with this beautifully renovated 2-bedroom, 1. 5-bathroom home, perfectly situated just 5 blocks from the pristine shores of South Jacksonville Beach. Whether you're searching for a serene personal getaway or a lucrative investment property, this charming house offers the best of both worlds.
Prime Location: Nestled in the vibrant and sought-after South Jacksonville Beach neighborhood, this home is a mere 5-minute stroll to the sand and surf. Enjoy the convenience of nearby dining, shopping, and entertainment options. 5 min walk to Brunch Haus!

Modern Renovations: Recently updated to blend modern comforts with beachy charm, this home boasts fresh paint, new flooring, and a completely renovated kitchen. The bright, open-concept living area invites natural light, creating a warm and welcoming atmosphere. Turnkey Investment: Currently operating as a successful Airbnb, this property offers an excellent opportunity for immediate income. The seller invites you to take over existing listings, allowing you to hit the ground running with a profitable short-term rental operation. Cozy Bedrooms: The two spacious bedrooms provide ample space for relaxation and rest. The master bedroom features an amazing balcony! Outdoor Oasis: Step outside to a private backyard oasis, perfect for outdoor dining, entertaining, or simply unwinding after a day at the beach. Zero-scaped yard for easy maintenance and resort style lounging! Move-In Ready: With all the major renovations completed, this home is ready for you to move in or continue as a rental with minimal effort. Furnishing are negotiable with successful offer! Parking and Storage: Driveway in front of house has space to hold two larger sized vehicles. The shed in the back has additional storage and conveys! Location Highlights: Proximity to Beach: Just a short walk to the South Jacksonville Beach, ideal for morning jogs, sunset strolls, and weekend relaxation. Neighborhood is safe and super friendly! Nearby Amenities: Enjoy easy access to local favorites like beachside cafes, trendy boutiques, and bustling nightlife. Community Vibes: Jacksonville Beach is renowned for its friendly, safe, family community, excellent schools, and year-round events and activities. Come to join the beach lifestyle at South Jax Beach!

Features

  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: Electric Dryer Hookup
  • Year Built: 1986
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,024
  • Acreage: 0.06
  • Est. Taxes: $3,855
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer
  • MLS#: 2032603
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /prop/2032603/505upper8thavenues_jacksonvillebeach_fl?source=qrflyer
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Listing courtesy of FLORIDA'S CHOICE REALTY LLC

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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505 UPPER 8TH Avenue S, Jacksonville Beach, FL, 32250

$470,000

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 $376,000 $376,000 $376,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.867% 7.159% 6.538%
Monthly Tax Payment $321 $321 $321
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,533 $2,499 $3,224
Total Monthly Payment $2,929 $2,895 $3,620

* 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.