329 14TH Avenue N, Jacksonville Beach, FL, 32250 | $1,499,000

Beautifully Renovated Jacksonville Beach Quadraplex!
Discover a prime investment opportunity in the heart of Jacksonville Beach with this stunningly renovated quadraplex. Located just a short walk or bike ride from the ocean, this property combines modern updates with a fantastic location to offer a compelling choice for investors and tenants alike.
Key Features:
New Asphalt Roof: Installed in 2022, ensuring durability and low maintenance.
Complete Exterior Refurbishing: Enhancing curb appeal and overall property value.
Desirable Location: Situated on a large corner lot with mature trees, providing a serene and picturesque environment.
Solid Block Construction: Built to last, withstanding the elements and minimizing upkeep.
Unit Layout: The upstairs features two spacious units, each with 2 bedrooms and 1 bathroom. The downstairs includes two units, each with 2 bedrooms and 1 bathroom. Covered balconies. 3 units currently Occupied: All units are occupied by great tenants, ensuring a steady rental income. Units 1, 2, and 4 were totally renovated with new flooring, new bathrooms, new cabinetry and new kitchen including new appliances. 4th unit was the last of the full renovation and owner decided to sell rather than renting unit. All units had duct work cleaned in 2023/2024 durning renovations which also included new HVAC systems. Ample Parking: Abundant parking spaces available for tenants, plus additional storage areas for convenience. Units 1 and 2 have exterior storage rooms. Recent stucco resurfacing done in 2022. This quadraplex offers the perfect blend of location, quality, and income potential. Don't miss out on the chance to own a beautifully updated property in the highly sought-after Jacksonville Beach area. Whether you're an experienced investor or looking to start your real estate portfolio, this opportunity is not to be overlooked! Zoned JC-1 Commercial/Residential

Features

  • Bedrooms: 8
  • Baths: 4 full
  • Units: 4
  • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
  • Year Built: 1956
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,762
  • Acreage: 0.18
  • Est. Taxes: $10,399
  • Lot Desc: Corner Lot
  • Elem. School: San Pablo
  • Middle School: Duncan Fletcher
  • High School: Duncan Fletcher
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
  • MLS#: 2033341
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/2033341/32914thavenuen_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 Keller Williams Realty Atlantic Partners

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

329 14TH Avenue N, Jacksonville Beach, FL, 32250

$1,499,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,199,200 $1,199,200 $1,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.000% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.141% 6.997%
Monthly Tax Payment $867 $867 $867
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,079 $7,978 $10,612
Total Monthly Payment $9,071 $8,970 $11,604

* 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.