Two-Bedroom Condo
3600 LENIN PEAK Court 11 Jacksonville, FL 32210
For Sale
$145,000
For sale 2-bedroom, 2-bath condo with income-property positioning in Jacksonville, Florida.
Property Size940 SF
Price / SF$154.26
Days on Market584
Property Features for 3600 LENIN PEAK Court 11
General Information
- Standard status
- Active
- Size
- 940 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2006
Listing Agency:
JPAR CITY AND BEACH
(904) 576-4123
Listed By:
SARAH MEDINA-CLARK · License #3328125
(904) 576-4123
Source:
Exitrealty
Added: Dec 16, 2024
Changed: Jul 22
Last 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 JPAR CITY AND BEACH
Investment Insights
Based on property information with market context.
This for-sale residential income condo features two bedrooms and two bathrooms, providing a straightforward layout for rental or owner-occupant use. The property is listed at 940 square feet.
Located at 3600 Lenin Peak Court 11 in Jacksonville, Florida, the home is positioned for convenient access to everyday needs, according to the property’s public remarks.
Presented as an income-focused option, the unit’s compact, two-bedroom configuration is designed to support manageable living space with two full baths.
Located at 3600 Lenin Peak Court 11 in Jacksonville, Florida, the home is positioned for convenient access to everyday needs, according to the property’s public remarks.
Presented as an income-focused option, the unit’s compact, two-bedroom configuration is designed to support manageable living space with two full baths.
Key Highlights
- 2006‑built 2‑bedroom, 2‑bath condo in Jacksonville, Florida
- Income‑property positioned condo with 2‑bedroom, 2‑bath layout
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 | $14.0k | $14.88 |
| − Vacancy | −$1.3k | −$1.43 |
| EGI | $12.6k | $13.45 |
| − OpEx | −$5.7k | −$6.05 |
| NOI | $7.0k | $7.40 |
940 SF · lease $14.88/SF/yr · vacancy 9.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$99.3K
$86.9K – $115.9K
NOI $6,954 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.5K
$225.3K – $300.4K
NOI $18,025 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - For sale 2-bedroom, 2-bath condo with income-property positioning in Jacksonville, Florida.
Where is this residential income property located?
The property is located at 3600 LENIN PEAK Court 11 Jacksonville, FL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 2006‑built 2‑bedroom, 2‑bath condo in Jacksonville, Florida; Income‑property positioned condo with 2‑bedroom, 2‑bath layout
