$1,999,999
1202 1ST Street S, Jacksonville Beach, FL 32250, Jacksonville Beach, FL 32250
Pablo Beach South
- Price
- $1,999,999
- Beds / Baths
- 5 / 5
- Living area
- 2,624 sqft
- Year built
- 1983
- Type
- MultiFamily
- Lot
- 0.07 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 96
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.
What to check on this one
- Verify actual flood zone—FEMA map shows AE/VE?—and get elevation certificate if coastal.
- Confirm roof age/condition; 43-year-old triplex likely needs 4-point + wind-mitigation inspections.
- Review building permit history and renovation scope—what was replaced, permitted, and inspected?
- Confirm plumbing material; pre-1995 polybutylene or cast-iron common in 1983 builds.
- Verify short-term rental legality in Jacksonville Beach—city/county licensing and occupancy caps.
- Pull last 2 years tenant leases, rent rolls, expense records, and proof of income.
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 $1,599,999 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 FLUID REALTY, LLC.. Data via realMLS (Northeast Florida MLS), updated Jul 9, 2026, 11:09 PM.
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