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Investment Highlights
- Redevelopment Assemblage at the Beaches
- Four Individual Parcels
- Lighted Intersection
Executive Summary
Rare four-parcel assemblage totaling 0.72 acres at the signalized, hard-corner intersection of 3rd Street (A1A) and 4th Avenue North in the heart of Jacksonville Beach — steps from the Pier, Seawalk Pavilion, and the SpringHill Suites/Margaritaville lodging cluster, with 35,000 VPD passing the site. The offering includes 434 N 3rd St (retail/residential), plus triplexes at 302, 308, and 310 N 4th Avenue. In-place income from the existing units carries the project through the entitlement period, with all leases expiring year-end to deliver vacant possession for redevelopment. An adjacent parcel under separate ownership is available to expand the assemblage to a full half-block. An extremely rare redevelopment opportunity in one of Northeast Florida's most affluent, high-barrier-to-entry coastal markets.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$209,783
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$209,783
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $209,783 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $209,783 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
Property Facts
| Price | $6,256,215 CAD | Number of Properties | 2 |
| Price / SF | $673.94 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 9,283 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.14 AC |
| Status | Active |
| Price | $6,256,215 CAD |
| Price / SF | $673.94 CAD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,283 SF |
| Total Land Area | 1.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 302 4th Ave N, Jacksonville Beach, FL 32250 | Multifamily | 5,735 SF | 1955 | - |
| 434 3rd St N, Jacksonville Beach, FL 32250 | Retail | 3,548 SF | 1937 | - |
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Jax Beach Assemblage
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