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Active

Active·48 days on market

1202 1st Street S

Jacksonville Beach, FL 32250

$1,999,999$762/sqftEst. $10,645/moMLS# 2147557
5
Beds
3
Baths
2,624
Sq Ft
1983
Built
Garage
No
Pool

About this home

Jacksonville Beach

Exceptional income-producing opportunity in South Jacksonville Beach! This fully renovated triplex sits directly across from the ocean with unobstructed views and immediate beach access. Featuring two updated 2BR/1.5BA units and one remodeled 1BR/1BA unit, the property offers multiple revenue streams and flexible investment strategies. Ideal for short-term rentals, long-term tenants, or a hybrid approach, with strong demand driven by its premier walkable location near restaurants, shopping, and entertainment. A turnkey asset with modern finishes, excellent income potential, and long-term appreciation--perfect for investors seeking cash flow or a quality 1031 exchange replacement property. Investor information is available in the listing documents. Don't miss this rare opportunity to own a premier beachfront income property. Contact us today for more information or to schedule your private showing.

Cost to own

Mortgage calculator

$1,999,999
$400,000
Loan Term
Monthly Payment
$10,103
Principal & Interest: $10,103
Est. Taxes & Insurance: $2,526
Estimated Total Monthly
$12,628
*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, Freddie Mac PMMS via FRED). Actual payments may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.0% · 30yr$10,645
Property taxesest. at asking price, Duval County$3,266
Estimated total, before insurance$13,911/mo
  • • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
  • • In CDD communities (Nocatee, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
  • • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

Last sold: $1,500,000 in June 2023(county public record, not MLS data)

YearMarket valueTaxable valueChange
2025$1,261,301$1,261,301 $267,541
2024$1,318,480$1,318,480
2023$919,867$873,122
2022$793,748$793,748
2021$761,322$761,322
2020$752,732$752,732

2025 property taxes (current owner): $23,265/yr

Estimated taxes if purchased at asking price: ~$39,200/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 3,305 current Duval listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone AE — high-risk flood zone (Special Flood Hazard Area)

Lenders require flood insurance for financed purchases here.

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Hurricane evacuation zone A

Zone A evacuates first in a storm — typically coastal and surge-prone areas.

Roof: material not specified — year not disclosed (home built 1983)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Sewer · FL0020231 - City of Jacksonville Beach · Public water (record)

County records show this parcel on central sewer served by FL0020231 - City of Jacksonville Beach — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,751 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History

Price & status history

  • Jul 9, 2026Price change$1,999,999$100,001
  • May 28, 2026Listed$2,100,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$1,999,999
Price / Sq Ft$762
Bedrooms5
Bathrooms4.00
Full Baths3
Half Baths2
Square Footage2,624
Acres0.07 acres
Year Built1983
TypeResidential Income
Sub-TypeTriplex
StatusActive
# of Carport Spaces3
Has PoolNo
Is WaterfrontNo

Community Information

Address1202 1st Street S, Jacksonville Beach, FL 32250
Area212-Jacksonville Beach-SE
SubdivisionPablo Beach South
CityJacksonville Beach
CountyDuval
StateFL
Zip Code32250
Lot Size3,049.2 sq ft
Parcel Number1762170000

Amenities

UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
ParkingAttached Carport, Carport, Covered, Shared Driveway
ViewBeach

Interior

AppliancesDishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
HeatingCentral
CoolingCentral Air, Split System
FlooringOther, Tile
# of Stories2
LevelsTwo
LaundryIn Unit
SecuritySmoke Detector(s)

Exterior

Exterior FeaturesBalcony
Lot DescriptionCorner Lot
FencingFenced, Full

Additional Information

Date ListedMay 28, 2026
Days on Market42
Tax Amount$23,264.95
Tax Year2025
Listing TermsCash, Conventional, VA Loan
New ConstructionNo

Listing Courtesy of: FLUID REALTY, LLC.

Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).

Your Local Expert

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

Interested in this home? I know this area inside and out — let's talk about whether it's the right fit for you.

Contact KristaText Krista about this home

20+ years · 500+ closings · NE Florida

Curious what nearby homes sold for?

MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.

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