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For sale
Residential income properties
FL
Jacksonville
32256
10550 BAYMEADOWS Road 610

Residential Unit Near St. Johns

10550 BAYMEADOWS Road 610, Jacksonville, FL 32256

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For Sale

$189,000

Well-maintained 3/2 unit in gated community with amenities.

Type:Condo/Townhome

Property size:

1,408 SF

Lot size:

0.01 Acres

Price / SF:

$134/SF

HighLights

Largest unit plan in a well‑maintained, gated community.
Abundance of amenities: enjoy the in‑ground pool, clubhouse, fitness center, car wash station, vacuuming area, and grills with picnic tables.
Convenient location: close to St. Johns Town Center, UNF, Beaches, and Downtown.
Condo fees cover water, sewer, trash, and all exterior maintenance.
Quiet and beautiful community.
Built in 2000.

We can help!

Contact an agent

LI HONG

For Sale

$189,000

Well-maintained 3/2 unit in gated community with amenities.

Type:Condo/Townhome

Property size:

1,408 SF

Lot size:

0.01 Acres

Price / SF:

$134/SF

Added:: Nov 9, 2024
Days on Market:: 596
Last Refresh:: May 20 at 2:50 am

Property Features for 10550 BAYMEADOWS Road 610

General Information

Standard status: Active
Size: 1,408 SF
Lot size: 0.01 Acres
Property subtype: Condo/Townhome

Building Details

Year Built: 2000

We can help!

Contact an agent

LI HONG

Listing office ATLANTIC SHORES REALTY OF JACKSONVILLE LLC

Listing date Nov 9, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of ATLANTIC SHORES REALTY OF JACKSONVILLE LLC

HighLights

Largest unit plan in a well‑maintained, gated community.
Abundance of amenities: enjoy the in‑ground pool, clubhouse, fitness center, car wash station, vacuuming area, and grills with picnic tables.
Convenient location: close to St. Johns Town Center, UNF, Beaches, and Downtown.
Condo fees cover water, sewer, trash, and all exterior maintenance.
Quiet and beautiful community.
Built in 2000.

Overview

This well-maintained residential unit features a 3-bedroom, 2-bathroom layout. Located within the gated community of The Overlook, the property is situated in close proximity to St. Johns Town Center, the University of North Florida (UNF), beaches, and downtown Jacksonville. The community provides a range of amenities, including an in-ground pool, clubhouse, fitness center, car wash station, vacuuming area, and grills with picnic tables. The condo fees cover water, sewer, trash, and all exterior maintenance. The property size is 1408 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$24.5k	$17.40
− Vacancy	−$2.4k	−$1.67
EGI	$22.1k	$15.73
− OpEx	−$10.0k	−$7.08
NOI	$12.2k	$8.65

1,408 SF · lease $17.40/SF/yr · vacancy 9.60% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$174.0K

$152.3K – $203.0K (±1% cap)

NOI $12,181 @ 7.0% cap · market cap 6.44%

Second Best

—

no second resolved use

Theoretical Best

Office A

$375.6K

$328.6K – $438.2K (±1% cap)

NOI $26,290 @ 7.0% cap · market cap 13.91%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Best Private Investigations Law Firm Overlook Condominium Association Condominium Complex The Overlook Condominiums Condominium Complex Crafty Creations Jacksonville (Bike/Boat/Book/etc) Store origin marketing group Consultant

Suggested Use

Location Insight

Map
Local Demand

City: Jacksonville
County: Duval
State: Florida
Longitude: -81.5222873
Latitude: 30.2150252

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For sale
Residential income properties
FL
Jacksonville
32256
10550 BAYMEADOWS Road 610

What type of property is this?

Residential income property - Well-maintained 3/2 unit in gated community with amenities.

Where is this residential income property located?

The property is located at 10550 BAYMEADOWS Road 610 Jacksonville, FL.

What is the asking price?

The asking price for this property is $189,000.

What are key features of this property?

This property features: Largest unit plan in a well‑maintained, gated community.; Abundance of amenities: enjoy the in‑ground pool, clubhouse, fitness center, car wash station, vacuuming area, and grills with picnic tables.; Convenient location: close to St. Johns Town Center, UNF, Beaches, and Downtown.