Move-In Ready First-Floor
5811 ATLANTIC Boulevard 19 Jacksonville, FL 32207
5811 ATLANTIC Boulevard 19, Jacksonville, FL, 32207
$150,000
For Sale
$150,000
Updated condo with waterfront access and modern finishes.
Property Size1,036 SF
Lot Size0.01 Acres
Price / SF$144.79
Days on Market674
Property Features for 5811 ATLANTIC Boulevard 19
General Information
- Standard status
- Active
- Size
- 1,036 SF
- Lot size
- 0.01 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1970
Listing Agency
FLORIDA HOMES REALTY & MTG LLC
(619) 888-8846
Listed by
JILLIAN R HEERING · License #3609153
(619) 888-8846
Source
Exitrealty
Added: Sep 12, 2024 Checked: Jul 17 at 4:41 am
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 FLORIDA HOMES REALTY & MTG LLC
Investment Insights
Based on property information with market context.
This first-floor condo offers a move-in-ready living space. The property features a fully refinished kitchen and bathrooms, along with a new water heater. The single-level home provides effortless living with chic finishes and updates. Community amenities include access to the St. Johns River with a private dock, boat slips, and kayak launch. The property size is 1036 square feet.
Key Highlights
- First‑floor, single‑level living (no stairs)
- Access to St. Johns River with private dock, boat slips, and kayak launch
- Fully remodeled kitchen and bathrooms
Local Financial Insights For Apartment 5plus
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 | $15.4k | $14.88 |
| − Vacancy | −$1.5k | −$1.43 |
| EGI | $13.9k | $13.45 |
| − OpEx | −$6.3k | −$6.05 |
| NOI | $7.7k | $7.40 |
1,036 SF · lease $14.88/SF/yr · vacancy 9.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$109.5K
$95.8K – $127.8K
NOI $7,665 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$283.8K
$248.3K – $331.1K
NOI $19,866 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Unit 27
Condominium Complex
Southern Comfort Transportation
Moving Company
The Carlton at Oak Landing
Condominium Complex
Hardys Non Emergency ...
Freight Service
IVRY USA Medical ...
Logistics Company
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FAQs
What type of property is this?
Residential income property - Updated condo with waterfront access and modern finishes.
Where is this residential income property located?
The property is located at 5811 ATLANTIC Boulevard 19 Jacksonville, FL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: First‑floor, single‑level living (no stairs); Access to St. Johns River with **private dock, boat slips, and kayak launch**; **Fully remodeled kitchen and bathrooms**
