1478 Riverplace Blvd Apt 2005 Jacksonville, FL 32207

3 beds · 3 baths · 2,193 sq ft · Lot Size: 100 sq ft · Residential Condominium · Southbank
Est. Property Value: $573,570

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1478 Riverplace Blvd Apt 2005 is in the Southbank neighborhood of Jacksonville, FL. It is located in Duval County and ZIP code 32207. This Residential Condominium was built in 2007 and is approximately 18 years old. The residential condominium spans 2193 sq ft with 3 bedrooms and 3 bathrooms and sits on a 100 sq ft lot. According to public records, it was last sold in 2024 for $265,000 and has a tax-assessed value of $508,500, which is $262 per sq ft. The Southbank area of Jacksonville has 96 residential homes with an average size of 2193 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1478 Riverplace Blvd Apt 2005 Jacksonville, FL 32207 with Property Intel by Whitepages.

1478 Riverplace Blvd Apt 2005

Jacksonville, FL 32207

Neighborhood

Owners & Occupancy for 1478 Riverplace Blvd Apt 2005

No contact information is available.

Occupancy

Resident 1****************** age 83
Resident 2******************************* age 75

Property Financials for 1478 Riverplace Blvd Apt 2005

1478 Riverplace Blvd Apt 2005, Jacksonville, FL has no known mortgage. The Duval county assessment for 2024 values it at $508,500, with annual taxes of $4,202.

Property Tax

Purchase DateJuly 17, 2024
Property Tax Amount$4,202 in 2024
Purchase Price$265,000
Assessed Value$508,500 on 2024

Investment Potential for 1478 Riverplace Blvd Apt 2005

The property has a current estimated value of $573,570, which is 3% above the neighborhood median, based on public records. It last sold on July 17, 2024 for $265K. Projected long-term
is $30,000 annually ($2,500 per month) with a 87% occupancy rate.

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Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 32207 zip code
 
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Property Details for 1478 Riverplace Blvd Apt 2005

Property Details

Property Sq Ft

Living Area

2,193 sq ft

0% above market

Lot Size

100 sq ft

0% above market

Price Per Sq Ft

Living Area

$262 / sq ft

0% above market

Lot Size Area

$5,736 / sq ft

4% above market

Property condition, age, exterior, etc. for 1478 River…
Longitude: -81.655298 Latitude: 30.317968 Parcel Number (APN): 080405-1276…

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Market Benchmarks

Compare data for 1478 Riverplace Blvd Apt 2005 in Duval County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$573,570
$351,348
$222,223 (63%)
$427,187
$190,100 (45%)
YoY Price Change
Year Built
2007
1997
10 years
Living Space
2,193 sq ft
1,548 sq ft
645 (42%)
$ Per Living Sq Ft
$262
$234
$28 (12%)
Lot Size
100 sq ft
7,362 sq ft
-7262 (-99%)
$ Per Lot Sq Ft
$5,736
$45
$5,690 (12554%)

Net Operating Income
$18,946
-$1,316 (-7%)
Annual Revenue
$30,000
$30,000
$0 (0%)
$10,950
$1,420 (13%)
Net Operating Income
$18,946
-$1,316 (-7%)
Cap Rate
5.65%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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