Kari Sullivan
REALTOR® | Luxury Property Specialist
311 W ASHLEY Street 305 A&B, Jacksonville, FL 32202
Residences At City Place
$289,900
$295/sq ft
Active
New Listing
About This Home
7.66% CAP Rate Airbnb Cash Cow! This unique, fully renovated condo-duplex setup requires zero CapEx and delivers two active STR/MTR income streams in one turnkey transaction. Behind the main entrance door sit two completely private, self-contained rental apartments generating consistent, year-round rental demand. Location is everything. You are sitting right in the middle of it all inside the multi-billion dollar Gateway Jax / Pearl Square downtown revitalization footprint and just minutes from the Jaguars' $1.4B Stadium of the Future / Sports & Entertainment District. This highly desirable downtown location is just steps from the Federal Courthouse, Fortune 500 corporate headquarters, and major banking hubs, driving a steady pipeline of healthcare professionals, legal experts, and corporate clientele. This prime positioning offers passive investors a recession-proof combination of high-yielding immediate cash flow and massive long-term equity appreciation.
Location
Features & Amenities
Interior Features
- Electric Cooktop
- Electric Water Heater
- Microwave
- Refrigerator
Exterior Features
- Corner Lot
- On Street
- Parking Lot
- Unassigned
Property Details
Property Type:
Duplex
Year Built:
1949
Lot Size:
0 Acres (0 sq ft)
Stories:
1
HOA Fees:
$950/Monthly
Property Tax (2025):
$2,024/year
MLS #:
2147558
Utilities:
Electricity Connected, Separate Electric Meters, Sewer Connected, Water Connected
