Two-Bedroom Condo Investment
For Sale
$145,000
11-3600 Lenin Peak Ct, Jacksonville, FL 32210
Two-bedroom, two-bath condominium offering a residential income property configuration.
Property Size940 SF
Price / SF$154.26
Days on Market683
Property Features for 11-3600 Lenin Peak Ct
General Information
Standard status
Active
Size
940 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,923
Listing Agency:
jpar city and beach
(904) 370-3500
Listed By:
SARAH MEDINA-CLARK · License #3328125
(904) 576-4123
Source:
Exprealty
Added: Dec 6, 2024
Changed: Oct 11
Last Checked: Oct 19 at 8:03AM
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 jpar city and beach
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This condominium at 11-3600 Lenin Peak Ct in Jacksonville, Florida, provides a two-bedroom, two-bath layout within a residential income property classification. The unit contains 940 square feet and may also suit a future homeowner, as reflected in the available property information.
Key Highlights
- Two‑bedroom condominium
- Two bathrooms
- 940 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,954
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$139,080
$139.1K
Cap Rate 7%
$99,343
$99.3K
Cap Rate 9%
$77,267
$77.3K
Market Conditions
NOI Build-Up for 940 SF
Gross rent
$14.0K $14.88/SF
− Vacancy
−$1.3K −$1.43/SF
EGI
$12.6K $13.45/SF
− OpEx
−$5.7K −$6.05/SF
NOI
$7.0K $7.40/SF
Area
ZIP 32210
Vacancy
9.60%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$139,080
Cap Rate 7%
$99,343
Cap Rate 9%
$77,267
Alternative Uses
Best Use
Apartment 5plus
$99.3K
$86.9K – $115.9K
NOI $6,954 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.5K
$225.3K – $300.4K
NOI $18,025 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom, two-bath condominium offering a residential income property configuration.
Where is this residential income property located?
The property is located at 11-3600 Lenin Peak Ct Jacksonville, FL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two‑bedroom condominium; Two bathrooms; 940 square feet
