Back in college, a family friend offered to sell me a duplex, for I think $32,000, he was going to hold the note, and the rent from the other side would be enough to cover my payment. I spent the summer there, but didn't like the that is was small and being right across from the beach would destroy my car and stuff. Yea, Jax beach across from the old boardwalk, last time that I know that it sold (duplex long gone) about 20 years ago, $1.5 million