Renovated Triplex with
For Sale
$270,000
1336 GOLFAIR Boulevard, Jacksonville, FL 32209
Fully rehabbed triplex with three rental units, including a studio with garage and two multi-bedroom units, all with new A/C.
Property Size2,202 SF
Price / SF$122.62
Days on Market815
Property Features for 1336 GOLFAIR Boulevard
General Information
Standard status
Active
Size
2,202 SF
Property subtype
Multi Family
Building Details
Year Built
1949
Listing Agency:
MIAMI TANGO INVESTMENTS REALTY
(407) 499-0240
Listed By:
MOSES R NAE · License #3254591
(407) 499-0240
Source:
Exitrealty
Added: May 9, 2024
Changed: Jul 23
Last Checked: Jul 31 at 7:22AM
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 MIAMI TANGO INVESTMENTS REALTY
Investment Insights
Based on property information with market context.
This renovated triplex is fully rehabbed, with work completed in May 2023. The front unit is a 3-bedroom, 2-bath home. In the back, there is a studio paired with a garage, and upstairs there is a 2-bedroom, 2-bath home.
All three units include garage parking, with two spots per house, and one unit also has a private garage. New A/C units were installed in February 2024 for all three units.
The property is currently generating rental income, with Unit 1, Unit 2, and Unit 3 each having stated lease end dates provided in the remarks.
All three units include garage parking, with two spots per house, and one unit also has a private garage. New A/C units were installed in February 2024 for all three units.
The property is currently generating rental income, with Unit 1, Unit 2, and Unit 3 each having stated lease end dates provided in the remarks.
Key Highlights
- Fully rehabbed triplex completed May 2023 (3 residential units)
- Front unit is a 3 bed/2 bath rental; back includes a studio + garage and an upstairs 2 bed/2 bath home
- Rental history: Unit 1 $1,000 until March 2025; Unit 2 $950 until February 2025; Unit 3 $630 until March 2025
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 | $32.5k | $14.76 |
| − Vacancy | −$3.0k | −$1.35 |
| EGI | $29.5k | $13.41 |
| − OpEx | −$8.9k | −$4.02 |
| NOI | $20.7k | $9.39 |
2,202 SF · lease $14.76/SF/yr · vacancy 9.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$295.4K
$258.5K – $344.6K
NOI $20,676 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$232.7K
$203.6K – $271.5K
NOI $16,291 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$603.2K
$527.8K – $703.8K
NOI $42,226 @ 7.0% cap · market cap 15.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
Explore this area
Business Placement
Demographics for 32209, FL
36,656
Population
17,706
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
82%
High-School Grad
9.3 sq mi
ZIP Area
3,942
Density / Sq Mi
$29,468
Median Household Income
$26,435
Median Earnings
$1,042
Median Rent
$92,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully rehabbed triplex with three rental units, including a studio with garage and two multi-bedroom units, all with new A/C.
Where is this triplex located?
The property is located at 1336 GOLFAIR Boulevard Jacksonville, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Fully rehabbed triplex completed May 2023 (3 residential units); Front unit is a 3 bed/2 bath rental; back includes a studio + garage and an upstairs 2 bed/2 bath home; Rental history: Unit 1 $1,000 until March 2025; Unit 2 $950 until February 2025; Unit 3 $630 until March 2025
