This Jacksonville Beach property presents an intriguing opportunity with its 4-bed, 2-bath layout. Located in the desirable Beaches neighborhood, it could fetch between $3,100 and $5,550 monthly. The recent valuation jump to $1.07M suggests a hot market. With 2,052 sqft and a 2-story setup, it's well-suited for families or as a vacation rental. The 1942 build adds character, but may require updates. Its proximity to the coast is a major draw, potentially offsetting the longer payback period at current valuation.
To maximize rental potential, consider modernizing the kitchen and bathrooms while preserving any vintage charm. Adding smart home features could justify higher rents. For the current owner, now might be an opportune time to sell, given the property's significant appreciation. However, if holding, converting to a short-term rental could capitalize on Jacksonville Beach's tourism appeal. Partnering with a local property management company could help navigate regulations and optimize occupancy rates.
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Current Specs
4 Bed / 2 Bath
2,052 sqft
Unknown
Built in 1942
Asphalt/Composition Shingle
Rent Comps
$1,939
$3,500
$5,800
LOW
MEDIAN
HIGH
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