1131 3RD Street N Jacksonville Beach, FL 32250
SINGLE_FAMILY - Jacksonville Beach, FL
Property Features for 1131 3RD Street N
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 1745710000
- Size
- 4,405 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12486
Utilities
- Utilities
- Electricity Available
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Concrete
- Roof type
- Shingle
Listing agent DAVID R LANE (904) 616-2303
Listing office KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE 8702 PERIMETER PARK BLVD, Jacksonvile, FL (904) 515-2700
Listing date May 29, 2026
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property totals 4,405 square feet and offers 23 parking spots. Access is available from two separate points off 3rd Street, and signage is in place on 3rd Street.
For buyers or operators looking for a manageable retail setup, the combination of in-place leases and available space supports a straightforward occupancy strategy. The separate utilities and AC per unit add operational simplicity, while the parking count and direct street access can support day-to-day tenant activity and customer convenience.
Key Highlights
- High‑visibility location on the east side of 3rd St in Jacksonville Beach.
- Existing leases with annual 3% increases provide immediate income.
- Significant income potential from currently vacant space.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.3k | $18.00 |
| − Vacancy | −$6.7k | −$1.53 |
| EGI | $72.6k | $16.47 |
| − OpEx | −$21.8k | −$4.94 |
| NOI | $50.8k | $11.53 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Holiday Plaza — 1704 3rd St N, Jacksonville Beach, FL 32250
- Beach Plaza Outparcel — 1198 Beach Blvd, Jacksonville Beach, FL 32250
