New Construction
11462 OAKFIELD Court Jacksonville, FL 32258
11462 OAKFIELD Court, Jacksonville, FL, 32258
$989,900
For Sale
$989,900
Newly built quadraplex with four units, each featuring two bedrooms and two bathrooms.
Property Size3,818 SF
Price / SF$259.27
Days on Market755
Property Features for 11462 OAKFIELD Court
General Information
- Standard status
- Active
- Size
- 3,818 SF
- Property subtype
- Multi Family
Listing agency
SUNCOAST PROPERTY MANAGEMENT LLC
(904) 517-5939
Listed by
JAMES NELSON SHEILS · License #3474216
Source
Exitrealty
Added: Jun 28, 2024 Updated: Jul 22 at 4:40AM Checked: Jul 22 at 4:40AM
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 SUNCOAST PROPERTY MANAGEMENT LLC
Investment Insights
Based on property information with market context.
New construction quadraplex offered by Southern Impression Homes featuring contemporary design and four residential units. Each unit is laid out with an open floor plan and includes two bedrooms and two bathrooms, with knockdown ceilings, textured walls, and vinyl plank flooring throughout. Kitchens are appointed with maple cabinetry and granite countertops, along with standard stainless-steel appliances including a range, range hood, dishwasher, and refrigerator. Washer and dryer connections are included for in-unit laundry setup, and granite countertops are also included in the baths.
The property is located at 11462 OAKFIELD Court in Jacksonville, FL 32258. The offering includes free property management for 2 years and 3 months of rent protection, along with interest rates as low as 4.25%, as stated in the seller’s remarks.
This is a turnkey-style income property configuration with consistent unit amenities across all four units.
The property is located at 11462 OAKFIELD Court in Jacksonville, FL 32258. The offering includes free property management for 2 years and 3 months of rent protection, along with interest rates as low as 4.25%, as stated in the seller’s remarks.
This is a turnkey-style income property configuration with consistent unit amenities across all four units.
Key Highlights
- New construction quadraplex with 4 units; each unit has 2 bedrooms and 2 bathrooms
- Each unit includes an open floor plan and washer/dryer connections for in‑unit laundry setup
- Kitchens feature maple cabinetry, granite countertops, and stainless‑steel appliance package including range, range hood, dishwasher, and refrigerator
Local Financial Insights For Multifamily LT 5
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 | $56.4k | $14.76 |
| − Vacancy | −$5.1k | −$1.35 |
| EGI | $51.2k | $13.41 |
| − OpEx | −$15.4k | −$4.02 |
| NOI | $35.8k | $9.39 |
3,818 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$512.1K
$448.1K – $597.5K
NOI $35,850 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$403.5K
$353.1K – $470.8K
NOI $28,247 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.05M
$915.2K – $1.22M
NOI $73,214 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Newly built quadraplex with four units, each featuring two bedrooms and two bathrooms.
Where is this quadplex located?
The property is located at 11462 OAKFIELD Court Jacksonville, FL.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: New construction quadraplex with 4 units; each unit has 2 bedrooms and 2 bathrooms; Each unit includes an open floor plan and washer/dryer connections for in‑unit laundry setup; Kitchens feature maple cabinetry, granite countertops, and stainless‑steel appliance package including range, range hood, dishwasher, and refrigerator