5804 BEACH BLVD Active

Jacksonville,FL 32207

$ 1800000

- Bed

0 Bath

12000 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $150

MLS Listing ID 2112200

HOA Y/N No

Year Built 1970

Annual Tax Amount $14,079

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type Mixed Use

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

This well-maintained commercial property offers approximately 12,000 square feet of income-producing space with two established tenants. The main unit, a beauty supply shop, encompasses about 10,000 to 10,500 square feet and is leased at $8,225 per month including sales tax, with a 3% annual rent increase in place. The current lease runs through July 31, 2032, providing seven years of remaining term. Under the lease agreement, the tenant pays 50% of the property taxes and liability insurance, while the landlord covers the remaining 50% of the taxes. The end unit, a barbershop of roughly 1,500 square feet, is leased at $2,300 per month. This tenant has occupied the space for 15 years and continues on a month-to-month basis, paying liability insurance but not property taxes.
The property itself has been well cared for, with a roof that was replaced approximately seven years ago and a new 20-ton AC unit installed in 2023. Parking includes 15 dedicated spaces with the potential to create an additional eight spaces by removing an on-site container. Landlord expenses include 50% of the property tax obligation along with approximately $1,000 per month for insurance. With a long-term lease in place on the primary unit and proven long-term on the secondary space, this property presents both stability and future opportunity for investors.

Location

State FL

County Duval

Area 021-St Nicholas Area

Direction From University Blvd & Beach Blvd, head North on Beach Blvd and property is 1/8 miles on the left.

Interior

Heating Central,Electric

Cooling Central Air,Electric

Exterior

Parking Features On Street,Parking Lot

Private Pool No

Building

Lot Description Other

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 1351200000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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