5509 Playa Way

Jacksonville, FL 32211

$499,900
Price
Beds
5
Baths
3,472 Sq. Ft.
$144 / Sq. Ft.
3,472
Sq. Ft.
$144
per Sq. Ft.

Description

Investment Property with long-term tenants in Arlington. Triplex is earning an annual rent of $46.2K with a 7.63% cap rate. 1/1 is 560 sf, 2 x 3/2 are 1456 sf each. All units updated in the past 2 years. Please see private remarks in regards to showingsInvestment Property with long-term tenants in Arlington. Triplex is earning an annual rent of $46.2K with a 7.63% cap rate. 1/1 is 560 sf, 2 x 3/2 are 1456 sf each. All units updated in the past 2 years. Please see private remarks in regards to showings
  1. Listed by LYNNE M POWERS • RED OAK INVESTMENT REALTY, LLC.
    P: 904-703-0905 C: 904-703-0905 Lynne@ROIrealtyFL.com

Property Details for 5509 Playa Way

Senior Community YN
No
Subdivision Name
Arlington

Location

Listing Courtesy of RED OAK INVESTMENT REALTY, LLC.
Add your commute
LISTING UPDATED: 04/15/2024 09:28 AM

Property Details for 5509 Playa Way

StatusActive
MLS #2016016
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1965
Lot Size0.21 AC / 9,147 SF
CountyDuval County

Location

Listing Courtesy of RED OAK INVESTMENT REALTY, LLC.
Add your commute

Building Information for 5509 Playa Way

Stories-Residences3Year Built1965Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$3,181 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,728

Property Taxes

$453

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5509 Playa Way

Summary
Location and General Information
  • Country: US
  • Directions: From Arlington Expressway go north on University Blvd N. Turn left onto Playa Way. Property is on the right. No sign on the property.
  • Road Frontage Type: City Street
  • MLS Area Major: 041-Arlington
  • City: Jacksonville
  • State: FL
  • Postal Code: 32211
  • County: Duval
  • Latitude: 30.331938
  • Longitude: -81.605382
  • MLS Area Minor: 041-Arlington
  • General Property Information: Senior Community YN: No
  • Road Frontage Type: City Street: Yes
  • Road Surface Type: Asphalt: Yes
Taxes and HOA Information
  • Parcel Number: 129322-0000
  • Tax Legal Description: 29-45 52-2S-27E ARLINGTON COMMERCIAL CENTER ADDN NO 2 E 70FT LOT 2 BLK 1
  • Association Fee: $.00
  • General Property Information: CDD Fee YN: No
Parking
  • Carport Spaces: 0
  • Carport YN: true
  • Garage Spaces: 2
  • Garage YN: Yes
  • Parking Features: Garage, Off Street
  • Attached Garage: No
  • General Property Information: Garage YN: Yes
  • General Property Information: Garage Spaces: 2.0
  • General Property Information: Carport YN: Yes
  • General Property Information: Carport Spaces: 0.0
  • Parking Features: Garage: Yes
  • Parking Features: Off Street: Yes
Property
Lot Information
  • Living Area Source: Public Records
  • Lot Features: Few Trees
  • Lot Size Acres: 0.21
  • Living Area: 3472.0
  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9147.6
Property and Assessments
  • Current Use: Residential
  • New Construction YN: No
  • Year Built: 1965
  • MLS Approval Status: Yes
  • General Property Information: Number Of Buildings: 1.0
  • General Property Information: Lot Size Acres: 0.21
  • General Property Information: Bathrooms Half: 0.0
  • General Property Information: Living Area: 3472.0
  • General Property Information: Number Of Units Total: 3.0
  • General Property Information: Living Area Source: Public Records
  • General Property Information: New Construction YN: No
  • General Property Information: List Price/SqFt: 143.98
  • Lot Features: Few Trees: Yes
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Sewer: Public Sewer: Yes
  • Utilities: Electricity Connected: Yes
  • Utilities: Sewer Connected: Yes
  • Utilities: Water Connected: Yes
  • Water Source: Public: Yes
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Asphalt
  • Construction Materials: Wood Siding
  • Pool Features: None
  • Construction Materials: Brick: Yes
  • Construction Materials: Wood Siding: Yes
  • Pool Features: None: Yes
  • Roof: Shingle: Yes
Interior Features
  • Stories Total: 2
  • Cooling: Central Air, Electric
  • Levels: Two
  • Heating: Central, Electric
  • Bathrooms Total (Integer): 5
  • Bathrooms Total (Decimal): 5.0
  • Bathrooms Total (Notational): 5.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Information: Furnished: Unfurnished
  • General Property Information: Stories Total: 2.0
  • Appliances: Electric Oven: Yes
  • Appliances: Electric Water Heater: Yes
  • Appliances: Refrigerator: Yes
  • Cooling: Central Air: Yes
  • Cooling: Electric: Yes
  • Heating: Central: Yes
  • Heating: Electric: Yes
  • Levels: Two: Yes
Multi Family
Multi Family Information
  • Number of Units: 3
Income & Expenses
  • Gross Income: $46,200
  • Net Operating Income: $38,100
  • Income and Expenses: Gross Income: 46200.0
Unit 1
  • Unit 1 Details: Unit ID: 5509
  • Unit 1 Details: Actual Rent: 1425.0
  • Unit 1 Details: Unit SqFt: 1456.0
  • Unit 1 Details: Beds Total: 3.0
  • Unit 1 Details: Furnished: Unfurnished
  • Unit 1 Details: Unit Remarks: Lease in place
Unit 2
  • Unit 2 Details: Unit ID: 5511
  • Unit 2 Details: Actual Rent: 1475.0
  • Unit 2 Details: Unit SqFt: 1456.0
  • Unit 2 Details: Beds Total: 3.0
  • Unit 2 Details: Furnished: Unfurnished
  • Unit 2 Details: Unit Remarks: Lease in place
Unit 3
  • Unit 3 Details: Unit ID: 5513
  • Unit 3 Details: Actual Rent: 950.0
  • Unit 3 Details: Unit SqFt: 560.0
  • Unit 3 Details: Beds Total: 1.0
  • Unit 3 Details: Furnished: Unfurnished
  • Unit 3 Details: Unit Remarks: Lease in place
Agent
Showing and Remarks
  • Public Remarks: Investment Property with long-term tenants in Arlington. Triplex is earning an annual rent of $46.2K with a 7.63% cap rate. 1/1 is 560 sf, 2 x 3/2 are 1456 sf each. All units updated in the past 2 years. Please see private remarks in regards to showings
  • General Property Information: Directions: From Arlington Expressway go north on University Blvd N. Turn left onto Playa Way. Property is on the right. No sign on the property.
  • General Property Information: Public Remarks: Investment Property with long-term tenants in Arlington. Triplex is earning an annual rent of $46.2K with a 7.63% cap rate. 1/1 is 560 sf, 2 x 3/2 are 1456 sf each. All units updated in the past 2 years. Please see private remarks in regards to showings
Rental
Rental Information
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Roof: Shingle
  • Owner Pays: Other

Property History for 5509 Playa Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5509 Playa Way

Taxable ValueLand$21,000Additions$251,504Total$272,504
Tax Record2023$5,437 ($453 / month)
Home Facts
Total Finished SqFt3,472 SqFtAbove Grade Finished SqFt3,472 SqFtStories2Lot Size9,160 SqFtStyleTriplexYear Built1965Year Renovated1990ZoningCROCountyDUVALAPN129322-0000

Schools near 5509 Playa Way

This home is within Duval.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Arlington Elementary School
PublicPK to 5

Arlington Middle School
Public6 to 8

Terry Parker High School
Public9 to 12

Pace Center For Girls-Jax
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5509 Playa Way is a multi-family home for sale in Jacksonville, FL 32211. This property was listed for sale on March 25, 2024 by RED OAK INVESTMENT REALTY, LLC., it's currently listed at $499,900. It has been on the market for a total of 39 days and was last sold on October 27, 2021. This listing's school district is Duval. Nearby schools include Arlington Elementary School, Arlington Middle School and Terry Parker High School. 5509 Playa Way is a 0-bed, 5-bath, 3,472 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RED OAK INVESTMENT REALTY, LLC.

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.