Marsh-View
For Sale
$189,000
3081 BESSENT Road, Jacksonville, FL 32218
Two separately accessed units offer flexible rental or owner-occupant arrangements with outdoor space and parking.
Property Size1,560 SF
Days on Market65
Property Features for 3081 BESSENT Road
General Information
Standard status
Active
Size
1,560 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,429
Building Details
Building Size
1,560 SF
Year Built
1960
Buildings
1
Listing Agency:
WATSON REALTY CORP
Listed By:
TALIA MICHELLE PARKS · License #3595909
(904) 559-4500
Source:
Houseandhavenrealty
Added: Aug 4
Changed: Sep 26
Last Checked: Oct 5 at 9:45PM
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 WATSON REALTY CORP
Investment Insights
Based on property information with market context.
Built in 1960, this duplex includes two residential units, each with 2 bedrooms, 1 full bath, and a full kitchen. The lower residence is occupied by a tenant and has tile flooring, a walk-out patio, exterior storage, and marsh views. The upper unit has its own outside entry, wood ceilings, fresh paint, and newer carpet.
The property encompasses over ½ acre with an expansive yard, mature trees, and ample parking. Shopping, dining, Jacksonville International Airport, and major highways are located nearby. The two-unit layout provides flexibility for continued rental use or an owner-occupant arrangement.
The property encompasses over ½ acre with an expansive yard, mature trees, and ample parking. Shopping, dining, Jacksonville International Airport, and major highways are located nearby. The two-unit layout provides flexibility for continued rental use or an owner-occupant arrangement.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units
- Lower unit is currently tenant‑occupied
- Property spans over ½ acre with marsh views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,315
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,300
$326.3K
Cap Rate 7%
$233,071
$233.1K
Cap Rate 9%
$181,278
$181.3K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$25.6K $16.44/SF
− Vacancy
−$2.3K −$1.50/SF
EGI
$23.3K $14.94/SF
− OpEx
−$7.0K −$4.48/SF
NOI
$16.3K $10.46/SF
Area
ZIP 32218
Vacancy
9.12%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,300
Cap Rate 7%
$233,071
Cap Rate 9%
$181,278
Alternative Uses
Best Use
Multifamily LT 5
$233.1K
$203.9K – $271.9K
NOI $16,315 @ 7.0% cap · market cap 8.63%
Second Best
Apartment 5plus
$183.5K
$160.6K – $214.1K
NOI $12,844 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$416.1K
$364.1K – $485.5K
NOI $29,128 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Explore this area
Business Placement
Demographics for 32218, FL
67,040
Population
27,895
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
96.7 sq mi
ZIP Area
693
Density / Sq Mi
$68,363
Median Household Income
$37,322
Median Earnings
$1,416
Median Rent
$260,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately accessed units offer flexible rental or owner-occupant arrangements with outdoor space and parking.
Where is this duplex located?
The property is located at 3081 BESSENT Road 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: Duplex with two 2‑bedroom, 1‑bath units; Lower unit is currently tenant‑occupied; Property spans over ½ acre with marsh views
