Turnkey Private Office
233 E Bay Street #1016 Jacksonville, FL 32202
233 E Bay Street #1016, Jacksonville, FL, 32202
$189,000
For Sale
$189,000
Private office suite in the Blackstone Building with an all-inclusive setup that includes utilities.
Property Size818 SF
Price / SF$231.05
Days on Market64
Property Features for 233 E Bay Street #1016
General Information
- Standard status
- Active
- Size
- 818 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing agency
COLDWELL BANKER PREMIER PROPERTIES
(904) 537-6443
Listed by
ERIC MAIMO · License #3254822
(904) 537-6443
Source
Giffordproperties
Added: May 21 Updated: Jul 22 at 2:37AM Checked: Jul 23 at 5:57AM
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 COLDWELL BANKER PREMIER PROPERTIES
Investment Insights
Based on property information with market context.
This private office suite is located within the Blackstone Building and is configured for professional use. The space is positioned as a turnkey solution, with utilities integrated into the lease to streamline occupancy and reduce the need to manage separate utility bills.
The suite is specifically identified as unit #1016 at 233 E Bay Street in Downtown Jacksonville.
For a business looking for a dedicated office within a staffed office building environment, this suite offers a simple, all-inclusive operating format centered on utilities being handled as part of the tenancy.
The suite is specifically identified as unit #1016 at 233 E Bay Street in Downtown Jacksonville.
For a business looking for a dedicated office within a staffed office building environment, this suite offers a simple, all-inclusive operating format centered on utilities being handled as part of the tenancy.
Key Highlights
- Private office suite in the Blackstone Building in Downtown Jacksonville
- Year built: 1974
- All‑inclusive lease setup includes utilities
Local Financial Insights For Office B
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 | $19.6k | $24.00 |
| − Vacancy | −$3.9k | −$4.82 |
| EGI | $15.7k | $19.18 |
| − OpEx | −$3.9k | −$4.79 |
| NOI | $11.8k | $14.38 |
818 SF · lease $24.00/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$168.1K
$147.1K – $196.1K
NOI $11,764 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.1K
$196.1K – $261.4K
NOI $15,686 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Patrick A Carr Law ...
Law Firm
Shawn H Pope ...
Law Firm
Roberts & Reiter PA
Law Firm
Saunders & Co
Insurance Agency
Florida Asbestos
Law Firm
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FAQs
What type of property is this?
Office units - Private office suite in the Blackstone Building with an all-inclusive setup that includes utilities.
Where is this office units located?
The property is located at 233 E Bay Street #1016 Jacksonville, FL.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Private office suite in the Blackstone Building in Downtown Jacksonville; Year built: 1974; All‑inclusive lease setup includes utilities
