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Duplex Property
New
For Sale
$425,000

1250 Rose St, Atlantic Beach, FL 32233

Two-unit residential property offered together as one sale, with separate living spaces for flexible ownership or rental use.

Property Size2,067 SF
Price / SF$205.61
Days on Market4

Property Features for 1250 Rose St

General Information

Standard status Active
Size 2,067 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence ready for your final touches

Additional Details

Multifamily Units 2

Building Details

Year Built 1989
Listing Agency: LA ROSA REALTY NORTH FLORIDA, LLC.
Listed By: THERESA CASE ROBERTSON
Source: Onewinningteam
Added: Sep 5 Last Checked: Sep 7 at 10:49AM

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 LA ROSA REALTY NORTH FLORIDA, LLC.

Investment Insights

Based on property information with market context.

This duplex includes two residential units totaling 2,067 square feet. Constructed in 1989, the property is being conveyed with both units together because the parcel has not been divided. The configuration supports separate occupancy within a single residential income property.

Located at 1250 Rose St in Atlantic Beach, Florida, the offering provides ownership of the complete duplex rather than an individual unit. The property may suit an owner seeking a two-unit residential asset, subject to the buyer’s intended use and any applicable requirements.

Key Highlights

  • Two residential units included in the sale
  • 2,067 square feet of total property size
  • Built in 1989

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,316
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.31%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$366,320 $366.3K
Cap Rate 7%
$261,657 $261.7K
Cap Rate 9%
$203,511 $203.5K
Market Conditions
NOI Build-Up for 2,067 SF 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.
Gross rent
$29.3K $14.16/SF
− Vacancy
−$3.1K −$1.50/SF
EGI
$26.2K $12.66/SF
− OpEx
−$7.8K −$3.80/SF
NOI
$18.3K $8.86/SF
Area
Duval County, FL
Vacancy
10.60%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$366,320
Cap Rate 7%
$261,657
Cap Rate 9%
$203,511

Alternative Uses

Best Use
Multifamily LT 5
$261.7K
$229.0K – $305.3K (±1% cap)
NOI $18,316 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$230.8K
$202.0K – $269.3K (±1% cap)
NOI $16,156 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$551.4K
$482.4K – $643.3K (±1% cap)
NOI $38,595 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Bakery Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby

Demographics for 32233, FL

23,980
Population
11,215
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
94%
High-School Grad
10.2 sq mi
ZIP Area
2,351
Density / Sq Mi
$81,586
Median Household Income
$44,067
Median Earnings
$1,541
Median Rent
$396,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property offered together as one sale, with separate living spaces for flexible ownership or rental use.
Where is this duplex located?
The property is located at 1250 Rose St Atlantic Beach, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residential units included in the sale; 2,067 square feet of total property size; Built in 1989
More about this property
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