Jacksonville, FL 32202 311 W ASHLEY Street 305 A&B # 305 A&B
$289,900
10 more
Presented By: Amber L'Esperance at JPAR CITY AND BEACH - 904-370-3500
Beds • 2
Baths • 2
SQFT • 984
Home Details
7.25% CAP Rate Airbnb Cash Cow! This unique, fully renovated condo-duplex setup requires zero CapEx and delivers two active STR/MTR income streams in one turnkey transaction. Behind the main entrance door sit two completely private, self-contained rental apartments generating consistent, year-round rental demand. Location is everything. You are sitting right in the middle of it all inside the multi-billion dollar Gateway Jax / Pearl Square downtown revitalization footprint and just minutes from the Jaguars' $1.4B Stadium of the Future / Sports & Entertainment District. This highly desirable downtown location is just steps from the Federal Courthouse, Fortune 500 corporate headquarters, and major banking hubs, driving a steady pipeline of healthcare professionals, legal experts, and corporate clientele. This prime positioning offers passive investors a recession-proof combination of high-yielding immediate cash flow and massive long-term equity appreciation.
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®