This home is in Jacksonville.
Active·77 days on market
311 W Ashley Street 701 A&B
Jacksonville, FL 32202
About this home
Jacksonville
DOWNTOWN JACKSONVILLE 7th Floor Condo DUPLEX: 8.28% PROFORMA CAP ($22K NOI) with 2 KEYS and POTENTIAL FOR 4 KEYS TOTAL! Your guests will enjoy elevated city views from the 7th floor of Residences at City Place. Engineered for DUPLEX cash flow, this single deeded corner parcel features a dual-key floor plan with 2 private units behind 1 main entry door, headlined by a spacious 1BR corner suite. Fully furnished and turnkey-ready for maximum STR/MTR performance across Airbnb, Furnished Finder, or VRBO. Holding 2 doors under 1 deed minimizes total vacancy risk. Located 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. Combine with Unit 305 A&B (MLS #2147558) to expand to 4 keys at an 8.22% blended proforma CAP rate. Cash only, no creative financing.
Cost to own
Mortgage calculator
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • 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 (that applies to the reference bill above too).
Cost to own
Taxes & assessment
Last sold: $105,000 in May 2024(county public record, not MLS data)
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $110,500 | $110,500 | ▼ $20,000 |
| 2024 | $130,500 | $130,500 | — |
| 2023 | $130,500 | $130,500 | — |
| 2022 | $99,500 | $89,650 | — |
| 2021 | $81,500 | $81,500 | — |
| 2020 | $81,500 | $80,300 | — |
2025 property taxes (current owner): $2,133/yr
Estimated taxes if purchased at asking price: ~$5,300/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 X — minimal flood hazard
Flood insurance is typically not required by lenders (always optional).
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Hurricane evacuation zone C
Zone C evacuates after zones A, B in an approaching storm.
Roof: material not specified — year not disclosed (home built 1949)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer & public water · JEA
County records show this parcel on central sewer served by JEA — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,637 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 homeAs of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.
History
Price & status history
- Jul 9, 2026Price change$270,000−$15,000
- Jun 6, 2026Listed$285,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: JPAR CITY AND BEACH
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Krista Fracke
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Text Krista about this home20+ years · 500+ closings · NE Florida
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Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines