Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1100 Shetter Ave, Unit 205 Jacksonville Beach, FL 32250

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $169,900

    Second story office condo with bathroom and shower.

    Property size:
    424 SF
    Lot size:
    0.01 Acres

    Property Features for 1100 Shetter Ave

    General Information

    Standard status
    Active
    Size
    424 SF
    Lot size
    0.01 Acres

    Building Details

    Year built
    2007

    We can help!

    Listing Contact
    Todd Smith
    Source: Exitrealty

    Listing Agency: BLUE HORIZON REAL ESTATE LLC Listing Agent: Todd Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Corner Office Condo For Sale

    This second-story corner office condo features a full bathroom complete with a shower. The building includes an elevator, and the unit offers almost private use of the interior stairwell. High ceilings and a sprinkler system are among the property's features. A free conference table and four conference chairs are included with the sale. The property is located within walking distance of restaurants, Bailey's gym, and the USPS, and is approximately 10 blocks from the beach.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville Beach
    County
    Duval
    State
    Florida
    Longitude
    -81.3995802
    Latitude
    30.2866167

    Nearby Similar for Sale

    • New
      $699,000
      2,028 SF

      Renovated Duplex Near Atlantic Ocean

      Jacksonville Beach duplex, renovated, close to the Atlantic Ocean.
      725 7Th Ave S, Jacksonville Beach, FL 32250
      View Details
    • $1,695,000
      3,816 SF

      Jacksonville Beach 6-Unit Property

      Unique investment opportunity near the heart of Jacksonville Beach.
      315 15Th Ave N, Jacksonville Beach, FL 32250
      View Details
    • $549,000
      1,512 SF

      Jacksonville Beach Multi-Family Home

      Multi-generational beach living with income potential in Jacksonville Beach.
      1907 Penman Rd, Jacksonville Beach, FL 32250
      View Details
    • $2,200,000
      4,100 SF

      Rebuilt Jacksonville Beach Multi-Family Home

      Rebuilt home with in-law suite, pool, and ocean views.
      109 12Th Ave N, Jacksonville Beach, FL 32250
      View Details
    • New
      $1,299,000
      2,595 SF

      Oceanfront Multi-Family Jacksonville Beach

      Oceanfront multi-family property with direct beach access in Jacksonville Beach.
      722 Ocean Front S, Jacksonville Beach, FL 32250
      View Details
    • $850,000
      2,004 SF

      Renovated Duplex Near Jacksonville Beach

      Updated duplex with modern amenities, near beach, ideal for rentals.
      840 7Th Ave S, Jacksonville Beach, FL 32250
      View Details
    • $699,000
      1,800 SF

      Jacksonville Beach Duplex Opportunity

      Duplex near the beach with income-producing potential.
      555 7Th Ave S, Jacksonville Beach, FL 32250
      View Details
    • $1,999,000
      6,333 SF

      Luxury Coastal Investment Portfolio

      Three designer townhomes near Jacksonville Beach, fully furnished and turnkey.
      921-925 2Nd Ave S, Jacksonville Beach, FL 32250
      View Details
    • $1,600,000
      2,330 SF

      Jacksonville Beach Quadplex Land Opportunity

      Steps to the beach, prime land value in Jacksonville Beach.
      2223 4Th Ave, Jacksonville Beach, FL 32250
      View Details
    • New
      $1,200,000
      836 SF

      Beach Cottages in Jacksonville Beach

      Two fully renovated, furnished beach cottages operating as vacation rentals.
      118 8Th Ave N, Jacksonville Beach, FL 32250
      View Details
    • New
      $799,000
      850 SF

      Beach Cottage Near Ocean Sands

      Renovated, fully furnished beach getaway near the ocean.
      120 8Th Ave N, Jacksonville Beach, FL 32250
      View Details
    • $450,000
      Pending

      Thriving Salon Space in Jacksonville

      Turnkey hair salon with rental income potential in Jacksonville Beach.
      1401 Penman Rd, Jacksonville Beach, FL 32250
      View Details

    FAQs

    What type of property is this?
    Office units - Second story office condo with bathroom and shower.
    Where is this office units located?
    The property is located at 1100 Shetter Ave, Unit 205 Jacksonville Beach, FL.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Walking distance to restaurants, gym, and post office; 10 blocks to the beach.; - **Full bathroom with shower in the office.**; - Corner unit on the second story.
    (904) 372-9222
    Request Owner's contact information
    1100 Shetter Ave, Unit 205 Jacksonville Beach, FL 32250
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1100 Shetter Ave, Unit 205
    Jacksonville Beach, FL 32250
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1100 Shetter Ave, Unit 205 Jacksonville Beach, FL 32250
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Todd Smith
    Real Estate License ID: 0620938
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!