311 W ASHLEY Street 1015, Jacksonville, FL 32202

Residences At City Place

$89,000
$222/sq ft
Active
1.0 Baths
401 Sq Ft
1949 Year Built

About This Home

Investor opportunity in the heart of Downtown Jacksonville! This secure 17-story high-rise studio located on the 10th floor with amazing city views offers immediate cash flow. The long-term Section 8 tenant is paying $1,096 per month through October 31, 2027. Ideally located next to the transformative Pearl District development, just two blocks from the new Publix and minutes from EverBank Stadium, where a $1.4 billion redevelopment is underway. Electricity is separately metered, while water and sewer are included in the HOA dues. Building amenities include controlled key-fob entry, a laundry room, a fitness center, and a conference room. Professionally managed, this turnkey property generates over $12,000 in annual gross rental income in one of Jacksonville's fastest-growing urban markets. The studio also comes partially furnished. Property manager offering first 3 months free management with a 12-month contract.

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Location

Property location map

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Features & Amenities

Interior Features

  • Electric Oven
  • Microwave
  • Refrigerator
  • Breakfast Bar
  • Ceiling Fan(s)
  • Eat-in Kitchen
  • Elevator
  • Open Floorplan
  • Walk-In Closet(s)
  • Flooring: Wood

Exterior Features

  • Other
  • On Street

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Property Details

Property Type: Condominium
Year Built: 1949
Lot Size: 0 Acres (0 sq ft)
Stories: 1
HOA Fees: $334/Monthly
Property Tax (2025): $1,479/year
Flooring: Wood
MLS #: 2159000
Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected

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