Skip construction delays and buy an active cash flow engine in Downtown Jacksonville. Delivering an 7.7% CAP Rate ($20,811 NOI), this renovated, furnished 984 sqft condo features a dual-key layout splitting into two private, self-contained rental spaces primed for mid-term rentals (MTR). Unbeatable location inside the multi-billion dollar Gateway Jax and Pearl Square revitalization footprint. Enjoy being minutes from EverBank Stadium, Daily's Place, VyStar Corporate Headquarters, Wells Fargo, the Federal Courthouse, UF Health, and Baptist Health--perfect for traveling professionals and medical staff. Building features a secure entrance, elevators, a clubhouse, and a fitness center. Better yet, monthly HOA dues cover water, sewer, trash, pest control, security, and full exterior structure maintenance. Ideal for a 1031 exchange. Can be combined with unit 701 A&B with a similar floorplan (blended proforma CAP is 8.0%). See MLS #2146561, 2149099, 2149215. CASH ONLY.

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Property Details of 311 W Ashley Street, Unit 305 A&B

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The Moorman Group

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Property Details of 311 W Ashley Street, Unit 305 A&B

Map Location

Mortgage Calculator

Est. Mortgage: $/month over payments

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

The Moorman Group

Est. Mortgage:
$/month over payments