9% cap rate. See report attached. INVESTMENT opportunity & great value in the heart of Neptune beach. Townhome tucked away near the intercoastal. Fenced backyard and covered patio. Large laundry room. Tile in the main downstairs living area. Balcony upstairs in main bedroom with walk in closet and overlooks marsh. Virtual staging and renovation photos of the kitchen and back patio showcase the potential of this space to transform to your preference. Minutes from beaches, top rated schools and Neptune entertainment and dining. Driving distance to Naval Station Mayport. Investor report attached showing with a 20k investment an amazing cap rate and ROI.
Closed
$185,000
2503 WATERS EDGE Drive, Neptune Beach, FL 32266
2beds
940sqft
Townhouse
Built in 1980
-- sqft lot
$230,200 Zestimate®
$197/sqft
$1,797 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 19, 2025 at 07:09pm
Listed by:
ROBERTO PAREDES 904-600-4376,
KELLER WILLIAMS FIRST COAST REALTY 904-541-0180
Bought with:
LYNN MATTINGLY, 3369596
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Source: realMLS,MLS#: 1202569
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Eat-in Kitchen, Split Bedrooms, Walk-In Closet(s)
- Flooring: Carpet, Tile
Interior area
- Total interior livable area: 940 sqft
Property
Features
- Stories: 2
- Patio & porch: Porch, Screened
- Exterior features: Balcony
- Pool features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Features: Cul-De-Sac
Details
- Parcel number: 1775320502
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Frame, Shell Dash
- Roof: Shingle
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Neptune Beach
- Subdivision: Waters Edge
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
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Estimated market value
$230,200