1909 Beach Blvd - Medical FOR SALE


Jacksonville Beach, FL 32250
$5,470,000 USD
904-210-9878
1909 Beach Blvd, Jacksonville Beach, FL for Sale
$5,470,000 USD
Medical - FOR SALE
1/49
null | 6.5% Cap Rate

1909 Beach Blvd
Jacksonville Beach, FL 32250


HIGHLIGHTS

  • Beach Location
  • Modern Beach Architecture
  • Long Term Tenants with Medical Mix

OVERVIEW

Stabilized Medical & Professional Office Investment | Jacksonville Beach, FL Medical office building located in a highly sought-after submarket with a diverse tenant mix consisting of approximately 57% medical and 43% professional office users. The building is 100% occupied, with minimal vacancy over the past five years, and features a strong base of long-term medical tenants. Built in 2008 with reinforced concrete construction, the property has been well maintained and recently painted, with multiple suite-level updates completed in recent years. Tenants benefit from individually metered utilities and HVAC, modern building systems (elevator, sprinkler, and alarm), and ample surface parking (4.4/1,000 SF). Current leases include annual rental increases, with a projected NOI of $355,410 and a pro forma cap rate of 6.5% starting in March 2026, based on existing contractual escalations. A detailed pro forma rent roll and lease summary are available to qualified buyers upon request. This property presents a rare opportunity to acquire a stabilized, income-producing, Class A asset in one of Jacksonville’s most supply-constrained and tenant-preferred coastal submarkets.

FOR SALE DETAILS

PRICE

$5,470,000 USD

PRICE/SF

$310 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1909 Beach Boulevard

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

JC-2, Jax Beach

APN/PARCEL ID

177397-0020

ASK ABOUT THIS PROPERTY

Alexander EvansEvans Commercial Properties, Inc.More Info
904-210-9878

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Alexander EvansEvans Commercial Properties, Inc.More Info
904-210-9878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.