525 W Beaver St, Jacksonville, FL 32202

Own a piece of Jacksonville history! This 10,603 sqft building was a funeral home from 1916-2019 with services downstairs and living upstairs. Over the past year and a half the new owners have converted the top floor into 4 apartments. There are 3 studio apartments and 1 one bedroom apartment. One of the studio apartments is a massive 2,500 sqft penthouse suite with a 500 sqft deck that overlooks the city, two bathrooms, an office, and two walk in closets. The apartments are all fully renovated and 3/4 are currently rented with 1 year leases, the penthouse is currently vacant but looking to be filled asap for $2,000/month. The other 3 apartments collect $2,500 with utilities included ($500/month entire building). Leases are transferable or can be terminated upon new building ownership. Downstairs is currently completely vacant and ready for renovations. This area can be used for a commercial space, the building is zoned CRO. There are two half baths and a full bath downstairs. The entry where the tenants come in to go upstairs is newly renovated. The building sits on 3 lots, a quarter of a city block, and has been newly painted, leveled, and fenced in. The roof has been completely redone as well as all plumbing, electrical, & upstairs AC. You can easily fit 5 cars in the parking garage and 15-20 outside in the fenced in lot. This is the perfect opportunity for the tenants to pay the mortgage while you run a business downstairs or convert the remaining space into additional apartment units (can fit 10 total if studios). There is also an unfinished basement. This property is being sold AS IS and by OWNER to avoid realtor fees. Please contact the owner Ryan at 904-866-3305 for viewings or additional information.