$119,900
$119,900
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10250 NORMANDY BLVD #503 Jacksonville, FL 32221
990 SqFt
Key Details
Sold Price $119,900
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 990 sqft
Price per Sqft $121
Subdivision Herlong
MLS Listing ID 2076609
Sold Date 04/16/25
HOA Fees $300/mo
HOA Y/N Yes
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 2006
Annual Tax Amount $2,070
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Office
Property Description
OWNER/USER SAYS SELL! Very well maintained and nicely renovated office condo. Currently operated as an insurance business. In a great, highly occupied office park, this 990 sf unit has beautiful LVT floors, a kitchenette/break area, three demised offices and a reception waiting area. Easily accessible attic storage! HVAC only two years old! Owner will sell furnished except for personal items. These units go fast in this complex. This one is move-in ready! Seller occupied (not a tenant) so please do not show property without a confirmed appointment. PRICED CLOSE TO TAX VALUE!!
PROFORMA NOI is $10,131 per year based on $16 psf per month on a Modified Gross Lease with Landlord paying HOA ($300 per month) and estimated property taxes. That's better than an 8.4% CAP RATE. Higher if triple-net.
Location
State FL
County Duval
Community Herlong
Area 061-Herlong/Normandy Area
Direction From JacksonvilIe take 10 W then take exit 357 for FL-103/Lane Ave. Turn left onto FL-103 S/Lane Ave S. Turn right onto FL-228 W/Normandy Blvd. Keep left to stay on FL-228 W/Normandy Blvd & go about 4.0 mi and turn left onto Maple Grove Rd. Turn left onto Blair Rd S. Destination will be on the right. Unit 503.
Interior
Heating Central, Electric
Cooling Central Air
Flooring Laminate
Exterior
Parking Features Additional Parking, Off Street, Parking Lot
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Composition
Accessibility Accessible Common Area, Accessible Entrance, Accessible Full Bath
Private Pool No
Building
Lot Description Other
Building Description Brick Veneer, Private Restroom
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Structure Type Brick Veneer
Others
Tax ID 0127580554
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with COLDWELL BANKER VANGUARD REALTY