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1201 RIVER BANK Court Jacksonville, FL $ 2,500,000
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1201 RIVER BANK Court
$ 2,500,000
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1201 RIVER BANK Court

Jacksonville, FL, 32207
$ 2,500,000
Baths18.0 Sq 6,026

Monthly Estimate*

$ 16,616

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Studio

Commercial Property for sale in Jacksonville, FL

for $2,500,000 with 18 full baths. This 6,026 square foot building was built in 1963 on a lot size of 0.39.

Check out this beautifully updated, fully furnished 10-plex! This turn-key complex is located within eyeshot of the incredible river view. It was most recently operating as a STR at an 8% cap, but could easily function as a midterm, long-term, ect. Owner will entertain seller finance with 1.5M down payment. All showings must accompany a formal written offer prior to appointment. Interested investors please reach out via email.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Full Bath

18

Property Type

Commercial

Taxes

$ 20,374

Style

Multi Family

Lot Size

0.39

Year Built

1963

Town/City

Jacksonville

County/Region

Duval

MLS | Web ID

2025353
Features
General
Sewer Septic Tank
Heating Electric Other
Cooling Ceiling Fan(s) Wall Unit(s)
Utilities Cable Available Electricity Available
Possession Negotiable
Roof Metal
Security Features Smoke Detector(s)
Construction Materials Block Concrete
Year Built 1963
Electric 220 Volts
Property SubType Multi Family
Tax Year 2023
Current Use Hotel/Motel
Gross Income 213144.0
Building Name River Bank Villas
County Duval
Net Operating Income 183303.0
Operating Expense 14.0
New Construction 0 None
Property Type Commercial Sale
HOA / Comm Assn N
Energy Efficient Roof
Status Active
Directions Turn into the Cleaning Service building and follow side road.
City Jacksonville
Buyer Agent Compensation 0.00
View Y/N N
Senior Community Y/N N
Zoning Description Commercial
NumberOfUnitsTotal 10
MLS Area 041-Arlington
Lot Size Units Acres
Lot Size Square Feet 16988.4
Waterfront Y/N N
Listing Terms Cash Conventional Private Financing Available Other
Land Lease Y/N N
Tax Annual Amount 20374.73
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 041-Arlington
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 38
Lease Type Net
Standard Status Active
Legal Description W-226 48-2S-27E .4 HULBERTS S/D PT P BAGLEY GRANT
Cash True
Conventional True
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Interior
Flooring Vinyl
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Electric On Property Y/N N
Total Baths 18
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Exterior
Lot Features Dead End Street Split Possible
Water Source Public
Lot Size Area 0.39
Spa N
Lot Size Acres 0.39
Road Frontage Type Unimproved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1201
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* Excluded Features
List By
Florida Homes Realty & Mtg Llc

Broker

bleekerrealestate@gmail.com

Email

Affordability Calculator

$18,314
Per Month
91%
9%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$1,698
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
308105 Elementary School
308138 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/11/2024$2,500,000 Listed Price

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1201 RIVER BANK Court, Jacksonville, FL, 32207 is a Commercial Property for sale at $2,500,000 with 6,026 sqft and a lot size of 0.39. 1201 RIVER BANK Court is a studio with 18.0 baths and was built in 1963. The property's zip code is 32207 which is in Jacksonville, FL

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