11 E Forsyth St Apt 1608 Jacksonville, FL 32202

2 beds · 2 baths · 970 sq ft · Lot Size: 30 sq ft · Residential Condominium · Downtown Jacksonville
Est. Property Value: $145,890
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High Demand Long-Term RentalValued below Market MedianGood value per sqft

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11 E Forsyth St Apt 1608 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 1926 and is approximately 99 years old. The residential condominium spans 970 sq ft with 2 bedrooms and 2 bathrooms and sits on a 30 sq ft lot. According to public records, it has a tax-assessed value of $142,531, which is $150 per sq ft. The Downtown Jacksonville area of Jacksonville has 152 residential homes with an average size of 1338 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11 E Forsyth St Apt 1608 Jacksonville, FL 32202 with Property Intel by Whitepages.

11 E Forsyth St Apt 1608

Jacksonville, FL 32202

Neighborhood

Owners & Occupancy for 11 E Forsyth St Apt 1608

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1*********************** age 33
Resident 2**************** age 38

Property Financials for 11 E Forsyth St Apt 1608

11 E Forsyth St Apt 1608, Jacksonville, FL has no known mortgage. The Duval county assessment for 2024 values it at $142,531, with annual taxes of $2,519.

Property Tax

Property Tax Amount$2,519 in 2024
Assessed Value$142,531 on 2024

Investment Potential for 11 E Forsyth St Apt 1608

The property has a current estimated value of $145,890, which is 45% below the neighborhood median. Projected long-term rental income is $25,200 annually ($2,100 per month) with a 83% occupancy rate.

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Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
83%in 32202 zip code
 
View Rental Potential

Property Details for 11 E Forsyth St Apt 1608

Property Details

Property Sq Ft

Living Area

970 sq ft

28% below market

Lot Size

30 sq ft

69% below market

Price Per Sq Ft

Living Area

$150 / sq ft

21% below market

Lot Size Area

$4,863 / sq ft

41% above market

Property condition, age, exterior, etc. for 11 E Forsy…
Longitude: -81.657349 Latitude: 30.327496 Parcel Number (APN): 073582-0398…

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Market Benchmarks

Compare data for 11 E Forsyth St Apt 1608 in Duval County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$145,890
$243,826
-$97,936 (-40%)
—
—
—
YoY Price Change
—
—
—
Year Built
1926
1983
-57 years
Living Space
970 sq ft
1,120 sq ft
-150 (-13%)
$ Per Living Sq Ft
$150
$222
-$72 (-32%)
Lot Size
30 sq ft
36,744 sq ft
-36714 (-100%)
$ Per Lot Sq Ft
$4,863
$9
$4,854 (54269%)

Net Operating Income
$*****
$19,671
-$1,439 (-7%)
Annual Revenue
$25,200
$28,200
-$3,000 (-11%)
$****
$8,584
-$1,616 (-19%)
Net Operating Income
$*****
$19,671
-$1,439 (-7%)
Cap Rate
****%
8.29%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

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