Kari Sullivan
REALTOR® | Luxury Property Specialist
311 W ASHLEY Street 305 A&B, Jacksonville, FL 32202
Residences At City Place
$270,000
$274/sq ft
Active
About This Home
DOWNTOWN JACKSONVILLE 3rd Floor Condo DUPLEX: 7.78% CAP ($21K NOI) with 2 KEYS and POTENTIAL FOR 4 KEYS TOTAL! Located in Residences at City Place, this single deeded parcel features a dual-key floor plan with 2 private units (A&B) behind 1 main entry door for true DUPLEX cash flow. This renovated, fully furnished property offers a turnkey dual-income layout optimized for STR/MTR performance. Controlling 2 doors in 1 asset mitigates vacancy risk and maximizes earnings on Airbnb, Furnished Finder, or VRBO. Situated in Downtown Jax's Gateway Jax and Pearl Square growth zone near EverBank Stadium (Go Jags!), Daily's Place, VyStar Arena, UF Health, and the Federal Courthouse. Amenities: fitness center, clubhouse, elevators, key-card entry, and laundry. Turnkey 1031 Exchange Asset. Bundle with Unit 701 A&B (MLS #2149215) to control 4 keys at an 8.22% blended proforma CAP rate. Cash only, no creative financing.
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
