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$1,775,879Estimated home value

Beds
5
Baths
4.5
sq ft
3,239

1506 Strand St, Neptune Beach, FL 32266

1506 Strand St

Neptune Beach, FL 32266

  • Off market
Rare three-story remodeled beach house nestled in the heart of Neptune Beach with beach views from all floors, and exceptional ocean views from the second and third floors. This home is located just a short bike ride or Uber (on hotter days) from the Atlantic/Neptune Beach Town Center and Jax Beach restaurants and bars. Step outside of the front door and walk onto the beach through the Bowles and Strand Street access in a matter of seconds. Main House Features: Adorned with house length balconies on the second and third floors providing ample entertainment areas. The main house has 4 bedrooms with 3.5 baths and 2 large living areas. As an added bonus, this home features an attached two-story 1 bed/1 bath apartment. The lot is a true Neptune Beach gem boasting of space to park up to 9 vehicles off street. Other features include an outdoor shower, 2 exterior storage rooms: one with additional washer/dryer hookups. The trex and paver patio allows a great outdoor entertainment space for grilling and a fire pit to gather and relax. Updates: The home has many updates, including a new roof in 2021, 2 AC's in 2023, 1 AC in 2020, triple pane windows on the first and second floors in 2015 (third floor windows were also replaced prior to current owner). All PEX plumbing in both the main house and apartment was completely redone in 2015/2016. During the renovation, all bathrooms in the main house were taken down to the studs and redone with high end finishes. The house has new flooring and paint throughout with 5-inch baseboards, smooth ceilings and updated light fixtures, switches and outlets. Much of the electrical was redone as part of the renovation - Bedroom 3 electric was redone in 2018 and bedroom 4 electric was redone in 2024. The balconies were redone with Pli-Dek in 2016 and railing was replaced with a top mounted PVC railing in 2018. The balconies also recently received updated top coating. Exterior paint was done in 2018 and the white trim portions redone in 2024. Apartment Features: The apartment is attached with 2 separate entrances and separate mailing address (101 Bowles St.). It has updated paint, appliances, flooring and bathroom/plumbing. The main house and apartment have a separate electric meter, and one water meter. Apartment could be rented for up to $2k! There is a current long-term tenant on a month-to-month lease who is prepared to stay or vacate. If buyer is not interested in the rental income, then the apartment could also be integrated into the main house to make a fabulous 5 bedroom/4.5-bathroom single family house if desired or continue to enjoy the rental income to offset taxes and insurance. Don't miss out on the opportunity to enjoy beachside living with prime parking and close proximity to all that Neptune Beach has to offer!

Details

Property type

Single Family Residence

Est. home value

$1,775,879

Lot size

4,791.6 sq ft

Price per sq ft

$1,066

Year built

1973

Annual property taxes

$13,314.12

Price History

08/26/2024
RealMLS

RealMLS #2029272

Removed
$3,450,000
06/03/2024
RealMLS

RealMLS #2029272

Listed
$3,450,000
+353.95%
02/20/2015
RealMLS

RealMLS #733469

Sold
$760,000

Schools & Community

Elementary school: 

Neptune Beach

Middle school: 

Duncan Fletcher

High school: 

Duncan Fletcher

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,057,381
Asking price
$3,450,000
Closing costs (~8% of asking)
-$276,000
Est. remaining loan balance
-$116,619
Cash to seller
$3,057,381

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of England

Loan start date

February 2015

Original loan amount

$280,000

Est. remaining balance

$116,619

Interest rate

3.15%

Loan type

New Conventional, 15 year

Seller

Aaron C Bradford and Matthew C Bradford

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 8:50 PM

Listing updated: 06/09/2024 at 2:57 AM

Listed by: DOUGLAS ADDEO, COMMUNITY REALTY ASSOCIATES Phone #: (561) 218-6558

MLS: RealMLS #2029272

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