10250 Normandy Blvd #503 Jacksonville, FL 32221

Listing details for 10250 Normandy Blvd #503, Jacksonville, FL 32221 : OWNER/USER SAYS SELL! Very well maintained and nicely renovated office condo. Currently operated as an insurance business. In a great, highly occupied office park, this 990 sf unit has beautiful LVT floors, a kitchenette/break area, three demised offices and a reception waiting area. Easily accessible attic storage! HVAC only two years old! Owner will sell furnished except for personal items. These units go fast in this complex. This one is move-in ready! Seller occupied (not a tenant) so please do not show property without a confirmed appointment. PRICED CLOSE TO TAX VALUE!! PROFORMA NOI is $10,131 per year based on $16 psf per month on a Modified Gross Lease with Landlord paying HOA ($300 per month) and estimated property taxes. That's better than an 8.4% CAP RATE. Higher if triple-net.