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    Updated Condo in Oakleaf Plantation Title is generated by Realmo AI

    625 OAKLEAF PLANTATION Parkway 614, Orange Park, FL 32065

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    For Sale
    $215,000

    Updated 3-bedroom condo with resort-style amenities in Oakleaf Plantation.

    Type:Condo/Townhome
    Property size:
    1,475 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $145/SF
    Added:
    Nov 7, 2024
    Days on Market:
    598
    Last Refresh:
    May 20 at 12:23 am

    Property Features for 625 OAKLEAF PLANTATION Parkway 614

    General Information

    Standard status
    Active
    Size
    1,475 SF
    Lot size
    0.04 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2010

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    JORDAN FERIA

    Listing office KELLER WILLIAMS ST JOHNS

    Listing date Nov 7, 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 KELLER WILLIAMS ST JOHNS

    HighLights

    • Updated 3‑bedroom, 2.5‑bath condo in the desirable Oakleaf Plantation community.
    • Enjoy access to multiple resort‑style amenities including swimming pools, splash parks, tennis courts, soccer fields, and playgrounds.
    • Convenient location near top‑rated schools, dining, and shopping.
    • Proximity to the new First Coast Expressway for easy commuting.
    • Updated kitchen and spacious living areas perfect for entertaining.
    • Premium luxury vinyl plank flooring in main living areas.

    Overview

    This updated condo features 3 bedrooms and 2.5 bathrooms and is located in the Oakleaf Plantation community. The property offers an open floor plan with luxury vinyl plank flooring in the main living areas and carpeting in the bedrooms. The kitchen and living areas provide space for entertaining and relaxing. Residents can enjoy access to multiple swimming pools, splash parks, tennis courts, soccer fields, and playgrounds. The condo is situated near schools, dining, and shopping, with convenient access to the First Coast Expressway. The property has a size of 1475 square feet.

    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 $23.2k $15.72
    − Vacancy −$2.2k −$1.51
    EGI $21.0k $14.21
    − OpEx −$9.4k −$6.39
    NOI $11.5k $7.82
    1,475 SF · lease $15.72/SF/yr · vacancy 9.60% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $164.7K
    $144.1K – $192.2K (±1% cap)
    NOI $11,529 @ 7.0% cap · market cap 5.36%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $393.4K
    $344.3K – $459.0K (±1% cap)
    NOI $27,541 @ 7.0% cap · market cap 12.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Art of Kyle Willis Artist Coventry at Oakleaf Condominium Complex Mother Goose Nursery ... Daycare Center Florida Complete Tax ... Accounting Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Gym & Fitness Center Pharmacy Big Box & Wholesale Store Accounting Firm Kitchen & Bath Showroom Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange Park
    County
    Clay
    State
    Florida
    Longitude
    -81.8466058
    Latitude
    30.1797967

    FAQs

    What type of property is this?
    Residential income property - Updated 3-bedroom condo with resort-style amenities in Oakleaf Plantation.
    Where is this residential income property located?
    The property is located at 625 OAKLEAF PLANTATION Parkway 614 Orange Park, FL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Updated 3‑bedroom, 2.5‑bath condo in the desirable Oakleaf Plantation community.; Enjoy access to multiple resort‑style amenities including swimming pools, splash parks, tennis courts, soccer fields, and playgrounds.; Convenient location near top‑rated schools, dining, and shopping.
    More about this property
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