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Oceanfront Redevelopment Opportunity
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831 1st St N, Jacksonville Beach, FL 32250

Oceanfront property in Jacksonville Beach suitable for redevelopment or multiple uses.

Property Size11,491 SF
Lot Size0.66 Acres
Price / SF$643.98
Days on Market796

Property Features for 831 1st St N

General Information

Standard status Active
Size 11,491 SF
Class B
Lot size 0.66 Acres
Property subtype Hospitality, Mixed Use, Multifamily, Office, Retail
Zoning JC-1
Investment Type Owner/User

Building Details

Year Built 1957
Year Renovated 2022
Buildings 1
Stories 2
Units 2
Listing Agency: Marcus & Millichap - Jacksonville
Listed By: Simon V. Grigoryan, CCIM, MBA · License #FL SL3322898
Source: Crexi
Added: Jun 19, 2024 Changed: Aug 14 Last Checked: Aug 23 at 8:53AM

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 Marcus & Millichap - Jacksonville

Investment Insights

Based on property information with market context.

Located at 831 1st St. N in Jacksonville Beach, FL, this oceanfront property offers a redevelopment opportunity. The site spans 0.66 acres and features a 9,345 square foot two-story structure. The property is currently suitable for use as an upscale restaurant, but it can be reconfigured to accommodate multiple businesses. Redevelopment options include multi-family housing, condominiums, or hospitality ventures. Zoned JC-1, the property allows for a maximum lot coverage of 85%, a building height of up to 35 feet, and a gross floor area of 50,000 square feet. The Jacksonville Beach submarket, within a five-mile radius, has a population of approximately 110,000 people, creating significant demand for commercial and hospitality services due to the high residential population and tourist traffic. The area has recently attracted new national retail tenants and hospitality brands.

Key Highlights

  • Oceanfront property on 0.66 acres in Jacksonville Beach.
  • Significant redevelopment potential for multi‑family, condominiums, or hospitality use.
  • JC‑1 zoning allows for 85% lot coverage, up to 35 feet building height, and 50,000 SF gross floor area.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Grocery & Convenience Store Restaurant Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,792
Businesses Nearby

Demographics for 32250, FL

30,080
Population
14,935
Households
2
Avg Household Size
43
Median Age
53%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,342
Density / Sq Mi
$111,553
Median Household Income
$55,396
Median Earnings
$1,805
Median Rent
$526,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Oceanfront property in Jacksonville Beach suitable for redevelopment or multiple uses.
Where is this mixed-use property located?
The property is located at 831 1st St N Jacksonville Beach, FL.
What is the asking price?
The asking price for this property is $7,400,000.
What are key features of this property?
This property features: Oceanfront property on 0.66 acres in Jacksonville Beach.; Significant redevelopment potential for multi‑family, condominiums, or hospitality use.; JC‑1 zoning allows for **85% lot coverage, up to 35 feet building height, and 50,000 SF gross floor area.**
More about this property
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