Listed by Strategic Sites, LLC, Strategic Sites Clifford Commercial
$3,700,000
Tides Edge Recovery Residence | Step-Down Sober Living
Details
Property Type Senior Living, Special Purpose
Sub Type Behavioral Health, Recovery Housing
Square Footage 7,050
Beds 18
Cap Rate 8.10%
NOI $301,200
Occupancy 100%
Tenancy Single
Brand/Tenant Tides Edge Recovery Services, LLC
Lease Type NNN
Lease Term 7
Lease Expiration 03/30/2033
Rent Bumps Yes
Lease Options Two 5-year options
Buildings 3
Lot Size (SqFt) 7,880
Zoning JRM-2 (Res HD 20-60 Units/Acre)
Investment Type Net Lease
142 11th Avenue North, Jacksonville Beach, FL 32250
Marketing description
Premier recovery housing asset steps from the ocean. Operating as an 18-bed step-down sober living component of Tides Edge Recovery and Detox Center. Comprised of 3 self-contained residents on a common campus:
Investment highlights
- Purchase Price: $3,700,000
- CAP: 8.1% NOI: $301,200
- Lot Size: +/-7,880 SF
- Building Size: +/-3,810 SF and +/-3,240 SF
- Zoning: JRM-2 (Res HD 20-60 Units/Acre)
- Lease: 7 years NNN / two 5 year options
- A single-family residence with 4 bedrooms/3 bathrooms
- Two townhouse units, each with 3 bedrooms/3 bathrooms
- Combined capacity across all three structures supports 18 residents in a structured, peer-supported living environment
Listing Contacts
Listed by Strategic Sites, LLC, Strategic Sites Clifford Commercial
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$301,200.00
$25,100.00/mo
Valuation Metrics
0
DSCR
8.14%
Cap Rate
8.14%
ROI
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Zoning
RM-2 ResidentialMulti FamilyResidential Multiple Family Zoning District
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View all 37 uses Last updated Sep 6, 2026 For deeper zoning details, reports are available at Zoneomics
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