Jacksonville, FL 32202 311 W ASHLEY Street 305 A&B # 305 A&B
$270,000
10 more
Presented By: Amber L'Esperance at JPAR CITY AND BEACH - 904-370-3500
Beds • 2
Baths • 2
SQFT • 984
Home Details
DOWNTOWN JACKSONVILLE 3rd Floor Condo DUPLEX: 7.78% CAP ($21K NOI) with 2 KEYS and POTENTIAL FOR 4 KEYS TOTAL! Located in Residences at City Place, this single deeded parcel features a dual-key floor plan with 2 private units (A&B) behind 1 main entry door for true DUPLEX cash flow. This renovated, fully furnished property offers a turnkey dual-income layout optimized for STR/MTR performance. Controlling 2 doors in 1 asset mitigates vacancy risk and maximizes earnings on Airbnb, Furnished Finder, or VRBO. Situated in Downtown Jax's Gateway Jax and Pearl Square growth zone near EverBank Stadium (Go Jags!), Daily's Place, VyStar Arena, UF Health, and the Federal Courthouse. Amenities: fitness center, clubhouse, elevators, key-card entry, and laundry. Turnkey 1031 Exchange Asset. Bundle with Unit 701 A&B (MLS #2149215) to control 4 keys at an 8.22% blended proforma CAP rate. Cash only, no creative financing.
Presented By: Amber L'Esperance at JPAR CITY AND BEACH - 904-370-3500
Interior Features for 311 W ASHLEY Street 305 A&B # 305 A&B
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Furnished Y/NFurnished
Heating Y/NYes
Laundry FeaturesCommon Area, Lower Level
Total Stories17
Other Rooms
Entry Level1
General for 311 W ASHLEY Street 305 A&B # 305 A&B
AppliancesElectric Cooktop, Electric Water Heater, Microwave, Refrigerator
Assoc Fee Paid PerMonthly
Association AmenitiesManagement - On Site, Clubhouse, Elevator(s), Fitness Center, Laundry, Management - Off Site, Management - Part Time, Security, Trash, Water
Association Fee IncludesMaintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
Association NameResidences at City Place Condominium Association
Attached Garage No
CDDNo
Carport Y/NNo
CashTrue
CityJacksonville
CoolingCentral Air, Electric, Separate Meters
CountyDuval
Current UseResidential
DirectionsFrom I-95, take Exit 353B toward W Union St. Continue straight on W Union St. Right on N Laura St. Right on W Ashley St, City Place will be on your right. Street parking via ParkMobile app, M-F 8am-6pm.
Energy EfficientThermostat
FinancialDataSourceOwner
Full Baths2
Garage Y/NNo
Gross Income38602.0
HOAYes
HOA Fee$950.0
HeatingCentral, Electric, Separate Meters
Heating_co_CentralTrue
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Other
MLS Area073-Downtown Jacksonville-Northbank
MLS Area Minor073-Downtown Jacksonville-Northbank
MobileHomeRemainsYNNo
Net Operating Income22209.0
New ConstructionNo
Number Of Units Total2
Operating Expense16393.0
OwnerPaysOther, Association Fees, Electricity, Insurance, Parking Fee, Taxes
Parcel Number0739030070
PossessionClose Of Escrow, Other
Property Attached Y/NYes
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesCarbon Monoxide Detector(s), Closed Circuit Camera(s), Entry Phone/Intercom, Fire Alarm, Fire Sprinkler System, Firewall(s), Key Card Entry, Secured Lobby
Senior Community Y/NNo
SewerPublic Sewer
Sewer_co_Public_sp_SewerTrue
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameResidences At City Place
Tax Annual Amount2024.17
Tax Year2025
Unit Number305 A&B
UtilitiesElectricity Connected, Separate Electric Meters, Sewer Connected, Water Connected
ViewCity
Water Body Access Y/NNone
Year Built1949
Exterior for 311 W ASHLEY Street 305 A&B # 305 A&B
Building Area Total187700.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot
Lot Size Acres0.0
Parking FeaturesOn Street, Parking Lot, Unassigned
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Amber L'Esperance
REALTOR®