Office Condo with Dual
11481 OLD ST AUGUSTINE Road, Jacksonville, FL 32258
For Sale
$395,000
Commercial Sale, Jacksonville, FL
Property Size1,080 SF
Lot Size0.02 Acres
Price / SF$365.74
Days on Market11
Property Features for 11481 OLD ST AUGUSTINE Road
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Annual Amount
HOA Fee
Amenities
reception/lobby area
private rooms
ADA-compliant restroom
dedicated storage room
separate front and rear entrances
Building Details
Year built
Roof type
Listing Agency:
HOUSE & HAVEN
(904) 774-2836
Listed By:
CYNTHIA JAMES · License FL #3456467
(904) 535-6489
Added: Nov 2
Last Checked: Nov 12 at 8:06AM
MLS# 2171924
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.
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Investment Insights
Based on property information with market context.
This remodeled office condo offers 1,080 square feet arranged with a reception and lobby area, 3–4 private rooms, a dedicated storage room, and an ADA-compliant restroom. Ten-foot ceilings and 9-foot doors complement the interior, while separate entrances at the front and rear provide two points of access. A new heat pump serves the unit.
Located in Jacksonville, the property has access to major roadways, shopping, dining, and nearby residential communities. The HOA handles exterior maintenance, and the association’s master policy covers the exterior. The owner is responsible for interior upkeep, repairs, and applicable interior insurance coverage.
Located in Jacksonville, the property has access to major roadways, shopping, dining, and nearby residential communities. The HOA handles exterior maintenance, and the association’s master policy covers the exterior. The owner is responsible for interior upkeep, repairs, and applicable interior insurance coverage.
Key Highlights
- Remodeled office condo with 1,080 square feet
- Reception and lobby area, 3–4 private rooms, and dedicated storage
- ADA‑compliant restroom; 10' ceilings and 9' doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,533
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,660
$310.7K
Cap Rate 7%
$221,900
$221.9K
Cap Rate 9%
$172,589
$172.6K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$25.9K $24.00/SF
− Vacancy
−$5.2K −$4.82/SF
EGI
$20.7K $19.18/SF
− OpEx
−$5.2K −$4.79/SF
NOI
$15.5K $14.38/SF
Area
Jacksonville, FL
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,660
Cap Rate 7%
$221,900
Cap Rate 9%
$172,589
Alternative Uses
Best Use
Office B
$221.9K
$194.2K – $258.9K
NOI $15,533 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$295.9K
$258.9K – $345.2K
NOI $20,710 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 32258, FL
37,859
Population
16,257
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
2,127
Density / Sq Mi
$99,764
Median Household Income
$55,736
Median Earnings
$1,849
Median Rent
$347,500
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Jacksonville, FL
Properties on Market for Office Units in Jacksonville
Vacancy Rate% for Office in Jacksonville, FL
Frequently Asked Questions
What type of property is this?
Office unit - Reception space, private rooms, and dedicated storage provide a practical layout for professional office use.
Where is this office unit located?
The property is located at 11481 OLD ST AUGUSTINE Road Jacksonville, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Remodeled office condo with 1,080 square feet; Reception and lobby area, 3–4 private rooms, and dedicated storage; ADA‑compliant restroom; 10' ceilings and 9' doors
