415 3Rd AveJacksonville Beach, FL 32250

Property Details for 415 3Rd Ave

Year built

1989

Construction

WOOD

Lot size

0.44 AC

Property size (Sq ft)

8,320 SF

Zone code

JRD

Property type

Office buildings

APN

174078-0000

APU

1740780000

Description

This charming 1945 cottage-style retail property at 415 3rd Street S in Jacksonville Beach, Florida, presents an exceptional investment opportunity. Boasting 25 feet of frontage directly on A1A, this 2,613.6 sq ft lot offers high visibility and significant foot traffic. A previous traffic count study revealed an impressive 37,500 vehicles daily. The property includes three (potentially four) rear parking spaces, plus street parking, and a large storage shed. Zoned C-1, this versatile space allows for a wide range of uses, including satellite office, standard office, retail, medical, daycare, bakery, or travel agency. The property is sold "as is" and ready for immediate occupancy, making it ideal for owner-occupants seeking a high-traffic location or investors looking for income-producing real estate. The asking price is $699,000. Don't miss this incredible storefront opportunity in a sought-after Jacksonville Beach location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,525,501

  6.5%

  $1,408,154

  7%

  $1,307,572

• Comparable approach

  Method

  Valuation

  Relative Method

  $565,843

  Geo Method

  $565,843

• Alternative Use

  Use

  Valuation

  Residential

  $1,746,112

  Hospitality

  $1,599,429

  Educational

  $1,330,706

  Medical

  $1,376,471

  Retail

  $2,069,987

Location Insight

City

Jacksonville Beach

County

Duval

State

Florida

Latitude

30.2922

Longitude

-81.3922

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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