Leased Single-Family Rental
2075 ALMIRA Street Jacksonville, FL 32211
For Sale
$877,000
MULTI_FAMILY - Jacksonville, FL
Property Size5,134 SF
Lot Size2.96 Acres
Price / SF$170.82
Days on Market194
Property Features for 2075 ALMIRA Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
7
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 6, Bathroom 7, Bedroom 9, Bedroom 5, Bedroom 8, Bathroom 2, Bedroom 10, Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 5
Parking features
Parking Lot
Standard status
Active
APN
1173620000
Size
5,134 SF
Lot size
2.96 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
7407
Utilities
Utilities
Cable Available
Heating system
Central
Cooling system
Central Air, Wall/Window Unit(s), Multi Units, Window Unit(s)
Building Details
Year built
1951
Number of units
5
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 996-9115
Listed By:
EDUARDO GOLDSTEIN
(904) 717-1779
Added: Jan 14
Changed: Jul 26
Last Checked: Jul 27 at 2:06PM
MLS# 2125060
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Investment Insights
Based on property information with market context.
This for-sale investment opportunity consists of five single-family houses that are currently leased. The property includes nearly 3 acres of land, and prospective buyers are welcome to enter the land to view it while not disturbing the tenants. All units are rented, with total collected per month reported at $6,725.
Water expenses are around $200 per month, and lawn mowing costs are reported at $280 per month. The property is located at 2075 Almira Street in Jacksonville, approximately 3 minutes by car to Jacksonville University.
The portfolio totals 5 rented single-family homes under one ownership, offering an income-producing setup based on current tenant occupancy and the stated monthly collection and operating expense figures.
Water expenses are around $200 per month, and lawn mowing costs are reported at $280 per month. The property is located at 2075 Almira Street in Jacksonville, approximately 3 minutes by car to Jacksonville University.
The portfolio totals 5 rented single-family homes under one ownership, offering an income-producing setup based on current tenant occupancy and the stated monthly collection and operating expense figures.
Key Highlights
- Investment property with 5 single‑family houses, all units currently leased
- Nearly 3 acres of land; viewable by entering the property but tenants should not be disturbed
- Total collected per month: $6,725; water expenses are around $200 per month
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 | $76.4k | $14.88 |
| − Vacancy | −$7.3k | −$1.43 |
| EGI | $69.1k | $13.45 |
| − OpEx | −$31.1k | −$6.05 |
| NOI | $38.0k | $7.40 |
5,134 SF · lease $14.88/SF/yr · vacancy 9.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$542.6K
$474.8K – $633.1K
NOI $37,983 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,450 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Five single-family homes are currently leased, generating $6,725 monthly collections with estimated monthly water and lawn costs.
Where is this single family property located?
The property is located at 2075 ALMIRA Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $877,000.
What are key features of this property?
This property features: Investment property with 5 single‑family houses, all units currently leased; Nearly 3 acres of land; viewable by entering the property but tenants should not be disturbed; Total collected per month: $6,725; water expenses are around $200 per month