UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,585 sqft
Price per Sqft $323
Subdivision Isle Of Palms
MLS Listing ID 2128327
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1984
Annual Tax Amount $8,346
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
This 3-bedroom, 2-bath home features a flexible bonus space on the glassed-in patio, luxury vinyl plank flooring, renovated bathroom, and dedicated laundry room. 2021 Roof age. The open layout and thoughtful updates enhance both guest appeal and long-term durability. Ideally located near the beaches and Mayo Clinic, the property benefits from strong year-round demand, with reported 91% occupancy and $169 ADR in the submarket.
This asset delivers an estimated 6.85%-8.6% cap rate with projected NOI of $34K-$44K, supporting DSCR financing. Established booking history, verified financials, and flexible rental options make this ideal for investors and portfolio builders.
Location
State FL
County Duval
Community Isle Of Palms
Area 026-Intracoastal West-South Of Beach Blvd
Direction Left on to Blue Water Drive then Right onto Seafoam Lane. Home is on the left.
Interior
Interior Features Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)
Heating Central
Cooling Central Air
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Garage, Garage Door Opener
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Screened
Total Parking Spaces 2
Garage Yes
Private Pool No
Building
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 1803480742
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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