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Demiray Holdings Inc. 5 Flex Condos Offered at $575,278 CAD in Jacksonville, FL



Investment Highlights
- Strong Rental Income Potential
- Location - In the Heart of the new Pearl Square District Development
- Renovation Potential
Executive Summary
Exceptional Multi-Unit Investment Opportunity in Downtown Jacksonville
Discover an incredible chance to own five condo units at 311 W Ashley St in the heart of Jacksonville's thriving downtown corridor. This bulk-sale package includes Units 314, 604, 709, and 710—offering a compelling mix of two one-bedroom units and three studios, totaling five bedrooms and five bathrooms across the collection.
**Unlock Serious Rental Income Potential.** The one-bedroom units can command up to $1,050+ per month each, while the studios fetch up to $975+ monthly—creating a robust revenue stream from day one. The studio units boast stunning city views that tenants absolutely love, making vacancies a thing of the past.
**A Neighborhood on the Rise.** This isn't just a purchase—it's a strategic investment in one of Jacksonville's most rapidly transforming districts. The surrounding area is undergoing extraordinary improvements, including 200,000 square feet of new retail space, a brand-new Publix grocery store, 1,250 incoming residential units, and over 15 signature restaurants. Property values are poised to climb significantly once these developments reach completion.
**Location That Delivers.** Residents enjoy walkable proximity to Pearl Square, the iconic Florida Theatre, Friendship Fountain along the Riverwalk, Brooklyn Station on Riverside for shopping and dining, and Daily's Place for world-class entertainment.
Whether you're a seasoned investor seeking reliable cash flow or an entrepreneur with an eye for renovation potential, this bundled offering at a single attractive price point represents a rare gateway into Jacksonville's booming urban renaissance. Schedule your private showing today.
Discover an incredible chance to own five condo units at 311 W Ashley St in the heart of Jacksonville's thriving downtown corridor. This bulk-sale package includes Units 314, 604, 709, and 710—offering a compelling mix of two one-bedroom units and three studios, totaling five bedrooms and five bathrooms across the collection.
**Unlock Serious Rental Income Potential.** The one-bedroom units can command up to $1,050+ per month each, while the studios fetch up to $975+ monthly—creating a robust revenue stream from day one. The studio units boast stunning city views that tenants absolutely love, making vacancies a thing of the past.
**A Neighborhood on the Rise.** This isn't just a purchase—it's a strategic investment in one of Jacksonville's most rapidly transforming districts. The surrounding area is undergoing extraordinary improvements, including 200,000 square feet of new retail space, a brand-new Publix grocery store, 1,250 incoming residential units, and over 15 signature restaurants. Property values are poised to climb significantly once these developments reach completion.
**Location That Delivers.** Residents enjoy walkable proximity to Pearl Square, the iconic Florida Theatre, Friendship Fountain along the Riverwalk, Brooklyn Station on Riverside for shopping and dining, and Daily's Place for world-class entertainment.
Whether you're a seasoned investor seeking reliable cash flow or an entrepreneur with an eye for renovation potential, this bundled offering at a single attractive price point represents a rare gateway into Jacksonville's booming urban renaissance. Schedule your private showing today.
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $575,278 CAD | Status | Active |
| Price / SF | $250.23 CAD / SF | Number of Properties | 5 |
| Sale Conditions | Individually For Sale | 0 | |
| Cap Rate | 7.02% | Total Building Size | 2,299 SF |
| Sale Type | Investment |
| Price | $575,278 CAD |
| Price / SF | $250.23 CAD / SF |
| Sale Conditions | |
| Cap Rate | 7.02% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 2,299 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Residences at City Place
311 W Ashley St, 3rd Floor - Unit 307, Jacksonville, FL 32202 |
Flex Condo | 583 SF | 1949 | - |
|
Residences at City Place
311 W Ashley St, 6th Floor - Unit 604, Jacksonville, FL 32202 |
Flex Condo | 456 SF | 1949 | - |
|
Residences at City Place
311 W Ashley St, 7th Floor - Unit 710, Jacksonville, FL 32202 |
Flex Condo | 420 SF | 1949 | - |
|
Residences at City Place
311 W Ashley St, 3rd Floor - Unit 314, Jacksonville, FL 32202 |
Flex Condo | 420 SF | 1949 | - |
|
Residences at City Place
311 W Ashley St, 7th Floor - Unit 709, Jacksonville, FL 32202 |
Flex Condo | 420 SF | 1949 | - |
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Presented by
Hill Street Realty, Inc.
Demiray Holdings Inc.
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