For SaleRisky Deal1 days on market
405 1ST Street S #211
405 1ST Street S #211, Jacksonville Beach, FL 32250, Jacksonville Beach, FL 32250
$2,500,000
Estimate®:$2,362,700
Listing Price
405 1ST Street S #211, Jacksonville Beach, FL 32250
Loc: Jacksonville Beach, FL
Days Listed
1
Estimate®
$2363k
Market Rate
Lot Size
436 sqft
Rent Estimate
$8,700/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Seabreeze Elementary School
K-5
1.2 mi away
7
Duncan U. Fletcher Middle School
6-8
1.6 mi away
5
Duncan U. Fletcher High School
9-12
1.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
beachfrontcondominiummulti-storystucco exteriorbalconiescoastal architectureocean viewpalm treesparking lotresort-styleprime locationvacation propertymulti-family residential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.64%
Total ROI
-5.6%
Cash Flow
$-9,565/mo
DSCR
0.26
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-9,565/mo net cash flow with a 1.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Jacksonville Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $2,500,000 | $763 |
| 2024-05-10 | Listing removed | $0 | – |
| 2024-04-16 | Listed for rent | $8,500 | $3 |
| 2024-01-31 | Sold | $2,000,000 | $611 |
| 2024-01-20 | Pending sale | $2,290,000 | $699 |
| 2023-10-03 | Listed for sale | $2,290,000 | $699 |
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