$1,590,000
10 10TH Street 2, Atlantic Beach, FL 32233, Atlantic Beach, FL 32233
The Cloister
- Price
- $1,590,000
- Beds / Baths
- 4 / 2
- Living area
- 1,960 sqft
- Year built
- 1975
- Type
- Condo
- Lot
- —
- Garage
- 4
- HOA
- $1,503/mo
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 272
$811/sqft asking, vs a $286/sqft median across 70 closed sales in 32233 over the last 12 months — 183% above the area's closed prices. Condition and lot vary; that's what a showing is for.
The Cloister's condominium in Atlantic Beach is a direct oceanfront residence. It is a seldom offered four bedroom home. Additional attributes are that it is an end unit on the second floor of the three-story condominium building. Included are two large contiguous garage units in addition to the exclusive security gate protected private parking. The enclosed porch is available for added living area, but is not included in the overall square footage stated. This end unit facilitates multiple windows for natural light and neighborhood views as opposed to a common wall with a neighbor. It exists with the original finish having the carpeting removed to provide a blank slate for a new remodel. The 4 bedroom floorplan has an opportunity to expand the master bath into the oversized laundry room. This is not the case with the typical 3 bedroom floor plans. The Cloister's is a small intimate three story development with private pool and gated access on a beach without the crowds. It is not a high rise. The owner believes a value of $2.4 million is supported AS RENOVATED. An allowance for renovations is considered of $300,000 to arrive at $2.1 million. This is further reduced as motivation to $1.59 million as a value added opportunity. Given the unique inclusion of two contiguous garage units contributing $200,000, a remainder of a $1.39 million consideration for the 4 bedroom/end unit/2nd floor home is supported and provides a prospect for instant equity.
What to check on this one
- Obtain condo milestone inspection and SIRS report; verify reserve study funding.
- Request last 3 years HOA meeting minutes, financials, and special assessment history.
- Confirm roof age and last replacement; get 4-point insurance inspection quote.
- Verify elevation certificate and flood insurance requirements for oceanfront location.
- Review condo bylaws for renovation approval process and any rental restrictions.
- Inspect plumbing for original 1975 materials; request service history documentation.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $1,272,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of SAVVY AVENUE, LLC.. Data via realMLS (Northeast Florida MLS), updated May 25, 2026, 8:01 PM.
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