4800 Bch Blvd Blvd Jacksonville, FL 32207
- Office Properties & Spaces
- 11,312 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4800 Bch Blvd Blvd
- Year built
- 1983
- Property size
- 11,312 SF
- Property type
- Office Properties & Spaces
Description
This two-story, 11,312 square foot Class C office building at 4800 Beach Boulevard in Jacksonville, Florida, presents a compelling investment opportunity. Built in 1983, the property sits on a 35,719.2 square foot lot and features 36 parking spaces. Currently 10% occupied (one unit leased month-to-month), the building comprises ten units: six at 1,000 square feet and four at 1,328 square feet. Six units include kitchenettes. All units have a half-bath, with plumbing readily accessible for full-bath upgrades. The typical floor size is 5,656 square feet. The asking price is $990,000, reflecting an 8.7% cap rate which includes a $250,000 renovation budget and a projected $17.00 per square foot rental income. The property is zoned CRO and enjoys an exceptional location, with downtown Jacksonville just four miles away, the beach 14 miles, and Ponte Vedra Beach 20 miles. No commute exceeds 25 minutes. This structurally sound building offers significant potential for value appreciation and rental income growth.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Duval
- State
- Florida
- Longitude
- -81.6183
- Latitude
- 30.2975