Jacksonville, FL 32209 1411 N Jefferson St
$575,000
Presented By: STA Realty LLC
SQFT • 17,580
Home Details
1 of 4 properties for sale in a portfolio in the Springfield area of Jacksonville. This property is a 25 unit building with zero occupied units. The value is in the land and the trasferable right to build 25+ units. There is a possibility the city will allow a rehab. All properties in the portfolio are affordable housing properties and will be subject to the LURA in place. There is currently a tax credit that falls off 5/31/24 and the rental rates can increase. The buyer is responsible for all due diligence and figuring out what HUD will approve for the new rates in June of 2025.
Presented By: STA Realty LLC
General for 1411 N Jefferson St
Area18 - Duval County
Bank/Corporate Owned?No
Bathrooms2
ClassCOMMERCIAL/INDUSTRIAL
Legal DescriptionAJ-766 11-2S-26E.448 BURBRIDGES ADDN TO JAX LOTS 1 TO 3, N1/2 ST CLOSED BY ORD 731186630 S THEREOFBLK 6 BEING PARCEL D
StatusActive
StatusActive
Stories1
Taxes$12,303
TypeMultifamily
Year Built1952
Exterior for 1411 N Jefferson St
Lot Dimensions19602
Lot Size Area0.45
Additional Details
Price History
Jamiron Axson
REALTOR