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Alina Pekarsky

alina@vhrfl.com +1(386) 569-5383

$1,590,000

Est. payment - /mo

4 Beds

2 Baths

1,960 SqFt

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,960 sqft

Price per Sqft $811

Subdivision The Cloister

MLS Listing ID 2119180

Bedrooms 4

Full Baths 2

HOA Fees $1,503/mo

HOA Y/N Yes

Year Built 1975

Property Sub-Type Condominium

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

The Cloister's condominium in Atlantic Beach is a direct oceanfront residence. It is a seldom offered four bedroom home. Additional attributes are that it is an end unit on the second floor of the three-story condominium building. Included are two large contiguous garage units in addition to the exclusive security gate protected private parking. The enclosed porch is available for added living area, but is not included in the overall square footage stated. This end unit facilitates multiple windows for natural light and neighborhood views as opposed to a common wall with a neighbor. It exists with the original finish having the carpeting removed to provide a blank slate for a new remodel. The 4 bedroom floorplan has an opportunity to expand the master bath into the oversized laundry room. This is not the case with the typical 3 bedroom floor plans. The Cloister's is a small intimate three story development with private pool and gated access on a beach without the crowds. It is not a high rise. The owner believes a value of $2.4 million is supported AS RENOVATED. An allowance for renovations is considered of $300,000 to arrive at $2.1 million. This is further reduced as motivation to $1.59 million as a value added opportunity. Given the unique inclusion of two contiguous garage units contributing $200,000, a remainder of a $1.39 million consideration for the 4 bedroom/end unit/2nd floor home is supported and provides a prospect for instant equity.

Location

State FL

County Duval

Community The Cloister

Area 231-Atlantic Beach-North

Direction East on Atlantic Bv, North on Ocean Bv, right on 10th Street, entrance on right

Interior

Heating Central, Electric

Cooling Central Air, Electric

Exterior

Parking Features Detached, Garage, Garage Door Opener, Gated, Parking Lot

Garage Spaces 4.0

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description Ocean Front

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Story 3

Water Public

Level or Stories 3

New Construction No

Others

Senior Community No

Tax ID 1702370016

Acceptable Financing Other

Listing Terms Other

Virtual Tour https://www.zillow.com/view-imx/3b8f3e32-592f-4f3d-a43d-cfb3428e765c?wl=true&setAttribution=mls&initialViewType=pano

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Listed by SAVVY AVENUE, LLC. • MOE MOSSA

Nearby School & Business

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Alina Pekarsky

+1(386) 569-5383

Broker | BKBK3118291

Broker BKBK3118291

10 10TH ST #2 Atlantic Beach, FL 32233

Alina Pekarsky

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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