120 10Th AveJacksonville Beach, FL 32250

This exceptional Jacksonville Beach investment opportunity presents a meticulously renovated, four-unit apartment building, just steps from the ocean. Built in 1938 and completely renovated in 2022, the property boasts 2,720 square feet and features a mix of two two-bedroom and two one-bedroom units, each fully furnished and turnkey ready. The units are tastefully designed with high-end furnishings, creating the ultimate coastal lifestyle. Residents enjoy in-unit laundry, off-street parking, and expansive outdoor patio space with balconies. One upstairs bedroom even offers a peek-a-boo ocean view. The property's location provides unparalleled access to the beach and all the amenities Jacksonville Beach offers. With a strong NOI of $104,796 and a 5.70% cap rate, this stabilized investment offers significant potential for immediate returns. The asking price is $1,840,000, or $460,000 per unit. The property's two buildings, each two stories high, present a unique opportunity for future development. All furniture and decor are negotiable. This is a truly turnkey investment, ideal for a variety of investment strategies, including house hacking, a second home, or short-term rentals.