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Josh Cotton

josh@welcomehome904.com +1(904) 982-8461

$ 82,990

Est. payment | -/mo

3 Beds

1 Bath

1,564 SqFt

Save Virtual Tour

$ 82,990

Est. payment | -/mo

Save Virtual Tour

3 Beds

1 Bath

1,564 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,564 sqft

Price per Sqft $53

Subdivision Glen Oak

MLS Listing ID A4681674

Bedrooms 3

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1940

Annual Tax Amount $2,349

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY – FIX & FLIP OR RENTAL IN JACKSONVILLE

Savvy investors will appreciate this high-upside value-add opportunity in Jacksonville offering strong fundamentals, flexible renovation potential, and an attractive spread. Located at 5851 Dunmire Ave, Jacksonville, FL 32219, this frame/ stucco single-family home is well suited for a fix-and-flip project or long-term rental strategy in an active and growing market.

The property offers approximately 1,564 square feet with three bedrooms and one bathroom, including a substantial addition that significantly enhances the home's value-add potential. This additional space can easily be reconfigured into a true third bedroom, expanded living area, or optimized layout to increase resale value and rental demand. Built in 1940, the home features durable concrete construction, providing long-term stability and solid bones rarely found at this price point.

Key infrastructure features include central air conditioning, carport parking, and a newer asphalt shingle roof, helping reduce exposure to major capital expenditures. The home sits on a generous 8,121 sq ft lot with no HOA, offering flexibility and freedom for investors and future occupants alike.

With an asking price of $82,990, an estimated $55,000 renovation, and a projected after-repair value of $225,000, this opportunity presents compelling upside and multiple exit strategies for the right buyer.

Whether repositioned for resale or stabilized as a rental, this property offers a clear path to equity creation through thoughtful renovation. Opportunities with this combination of price point, construction quality, and value-add potential are increasingly rare in today's market. Schedule a showing and explore the potential of this Jacksonville investment.

Location

State FL

County Duval

Community Glen Oak

Area 32219 - Jacksonville

Zoning RLD-60

Interior

Interior Features Ninguno

Heating Other

Cooling Other

Flooring Other

Furnishings Unfurnished

Fireplace false

Appliance None

Laundry None

Exterior

Exterior Feature None

Utilities Available Other

Roof Type Shingle

Exposure South

Garage false

Private Pool No

Building

Entry Level One

Foundation Other, Slab

Lot Size Range 0 to less than 1/4

Sewer Other

Water Public

Structure Type Stucco,Frame

New Construction false

Construction Status Fixer

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4681674

Listed by Loukas Masouras REALTY ONE GROUP MVP

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 982-8461

josh@welcomehome904.com

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5851 DUNMIRE AVE Jacksonville, FL 32219