311 W Ashley St

Investor opportunity in the heart of Downtown Jacksonville! This secure 17-story high-rise studio located on the 10th floor with amazing city views offers immediate cash flow. The long-term Section 8 tenant is paying $1,044 per month through October 31, 2026 and lease increase to $1,096 was just approved starting November 1, 2026. Ideally located next to the transformative Pearl District development, just two blocks from the new Publix and minutes from EverBank Stadium, where a $1.4 billion redevelopment is underway. Electricity is separately metered, while water and sewer are included in the HOA dues. Building amenities include controlled key-fob entry, a laundry room, a fitness center, and a conference room. Professionally managed, this turnkey property generates over $12,000 in annual gross rental income in one of Jacksonville's fastest-growing urban markets. The studio also comes partially furnished.