Sold
2223 ASTOR Street
ORANGE PARK FL, 32073
$10,550,000
$105.14 per sqft
Sold
99 Beds
100,339 sqft
Residential
Built in 1968
Extraordinary opportunity on the St Johns River next to Club Continental. Consists of 60 of the 76 condominiums at Villas Continental and Yacht Club plus two 12 unit waterfront apartment buildings. The property is nestled among century old oak trees with stunning views of the St Johns River. Approximately 7.5 acres of land with 720 feet of waterfront. Current amenities include private boat ramp and fitness center plus the option for residents to join Club Continental with easy access to pool, tennis, restaurant and bar. Turn-key income producer with stable current tenant base, below market rents allowing for immediate upside, city water and sewer service and onsite sales/leasing office. The development possibilities of this property are endless. Actual bedroom count is 197. With only 16 individually owned condos, it affords the new owner a realistic opportunity to acquire the whole development. Thus, allowing maximum flexibility and significantly increasing the value of the asset. Property previously had a 30-slip marina in the protected yacht basin that new owners may be able to rebuild.
935563
MLSⓇ ID
May 8, 2018
Listed
February 16, 2024
Updated
Map
2223 ASTOR Street
ORANGE PARK FL, 32073
Interior Features
Total Stories
3
Bedrooms
99
Appliances
Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Features
Other
Roof
Shingle, Tile
Other Property Details
Area Name
137-DOCTOR'S LAKE
Garage
No
Parking
Covered, Detached, Guest
View
Yes
View Description
River, Water
County
DUVAL
Pool
No
Pool Features
None
Waterfront
Yes
Buyer Agency Compensation
1.75%
Courtesy of BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
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Data last updated 3:07 AM UTC, 2/16/2024