301 E Bay St Apt 405 Jacksonville, FL 32202

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3 beds · 3 baths · 1,835 sq ft · Lot Size: 39 sq ft · Residential Condominium · Downtown Jacksonville
Est. Property Value: $310,141

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301 E Bay St Apt 405 is in the Downtown Jacksonville neighborhood of Jacksonville, FL. It is located in Duval County and ZIP code 32202. This Residential Condominium was built in 1904 and is approximately 121 years old. The residential condominium spans 1835 sq ft with 3 bedrooms and 3 bathrooms and sits on a 39 sq ft lot. According to public records, it was last sold in 2014 for $215,000 and has a tax-assessed value of $303,000, which is $169 per sq ft. The Downtown Jacksonville area of Jacksonville has 31 residential homes with an average size of 1800 sq ft. Analyze and compare real estate investment strategies for properties like this home at 301 E Bay St Apt 405 Jacksonville, FL 32202 with Property Intel by Whitepages.

301 E Bay St Apt 405

Jacksonville, FL 32202

Owner Info

Owners & Occupancy for 301 E Bay St Apt 405

This property is owned by Melanie Ann McDonald. Owner contact information includes 10 phone numbers and 3 email addresses.

Property Owners

Cell Phone(863) ***-****View Cell Phone
Residence****************
Landline(863) 679-2618
Distance from Property**********
Email Address******************@gmail.comView Email
Cell Phone(936) ***-****View Cell Phone
Residence*************
Landline(813) 754-0816
Distance from Property**********
Email Address*********@suddath.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 63

Property Financials for 301 E Bay St Apt 405

301 E Bay St Apt 405, Jacksonville, FL has a mortgage from Branch Bkng & Tr Co (orig. December 10, 2014). The Duval county assessment for 2024 values it at $303,000, with annual taxes of $4,708.

Mortgage & Equity Information

Loan Amount$******
LenderBranch Bkng & Tr Co
Origination DateDecember 10, 2014
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateDecember 10, 2014
Property Tax Amount$4,708 in 2024
Purchase Price$215,000
Assessed Value$303,000 on 2024

Investment Potential for 301 E Bay St Apt 405

The property has a current estimated value of $310,141, which is 29% below the neighborhood median, based on public records. It last sold on December 10, 2014 for $215K. Projected long-term
is $24,000 annually ($2,000 per month) with a 83% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
83%in 32202 zip code
 
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Property Details for 301 E Bay St Apt 405

Property Details

Property Sq Ft

Living Area

1,835 sq ft

2% above market

Lot Size

39 sq ft

63% below market

Price Per Sq Ft

Living Area

$169 / sq ft

30% below market

Lot Size Area

$7,952 / sq ft

93% above market

Property condition, age, exterior, etc. for 301 E Bay …
Longitude: -81.654079 Latitude: 30.325736 Parcel Number (APN): 073359-0066…

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Market Benchmarks

Compare data for 301 E Bay St Apt 405 in Duval County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$310,141
$351,348
-$41,206 (-12%)
YoY Price Change
Year Built
1904
1997
-93 years
Living Space
1,835 sq ft
1,548 sq ft
287 (19%)
$ Per Living Sq Ft
$169
$234
-$65 (-28%)
Lot Size
39 sq ft
7,362 sq ft
-7323 (-99%)
$ Per Lot Sq Ft
$7,952
$45
$7,907 (17444%)

Net Operating Income
$18,946
-$5,121 (-27%)
Annual Revenue
$24,000
$30,000
-$6,000 (-20%)
$10,950
-$775 (-7%)
Net Operating Income
$18,946
-$5,121 (-27%)
Cap Rate
5.65%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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