Condo in Oakleaf
785 OAKLEAF PLANTATION Parkway 1724 Orange Park, FL 32065
785 OAKLEAF PLANTATION Parkway 1724, Orange Park, FL, 32065
$179,900
For Sale
$179,900
Two-bedroom condo with amenities in a desirable location.
Property Size1,339 SF
Lot Size0.02 Acres
Price / SF$134.35
Days on Market735
Property Features for 785 OAKLEAF PLANTATION Parkway 1724
General Information
- Standard status
- Active
- Size
- 1,339 SF
- Lot size
- 0.02 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2006
Listing Agency
WATSON REALTY CORP
(904) 268-3300
Listed by
BRIAN FOSSA · License #BK 3043797
Source
Exitrealty
Added: Jul 13, 2024 Checked: Jul 16 at 6:13 am
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.
This is a two-bedroom, two-bath condo located in The Preserve at Oakleaf Plantation. Situated on the second story, the unit is accessible by elevator and features a screened balcony. A new HVAC unit has been installed. The kitchen includes 42-inch raised panel cabinets and a pantry closet, with an adjacent laundry room. All appliances are included. The owner's suite features a walk-in closet, double vanities, and a tub/shower combo. The unit has been freshly painted. Residents can enjoy resort-like amenities, including a pool, water slide, a fitness center, and tennis courts. The property is conveniently located near shopping and restaurants and offers access to Clay County Schools and the First Coast Express Way. The unit has a size of 1339 square feet.
Key Highlights
- Resort‑like amenities including a pool, water slide, state‑of‑the‑art fitness center, and tennis.
- 2 Bedroom/2 Bath condo with elevator access.
- New HVAC unit.
Local 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 | $21.0k | $15.72 |
| − Vacancy | −$2.0k | −$1.51 |
| EGI | $19.0k | $14.21 |
| − OpEx | −$8.6k | −$6.39 |
| NOI | $10.5k | $7.82 |
1,339 SF · lease $15.72/SF/yr · vacancy 9.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$149.5K
$130.8K – $174.4K
NOI $10,466 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.2K
$312.5K – $416.7K
NOI $25,002 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Heirloom Portraits in Pencil
Photography Service
The Preserve
Park
CORRECTIONAL WARRIOR FITNESS
Charitable Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Two-bedroom condo with amenities in a desirable location.
Where is this residential income property located?
The property is located at 785 OAKLEAF PLANTATION Parkway 1724 Orange Park, FL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Resort‑like amenities including a pool, water slide, state‑of‑the‑art fitness center, and tennis.; 2 Bedroom/2 Bath condo with elevator access.; New HVAC unit.
