🌟 Cozy 2/1 SFH in Jefferson Ave. Area! 🛠️ Fixer-Upper. Financing Avail. NO UNDERWRITING

2 Beds / 1 Baths • 1,016 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1952
  • 1016
  • 1016
  • No Garage

Description

Watch our 3D Walkthrough Link


This solid 2 bed, 1 bath1,016 sq ft single-family home (built in 1952) sits on a 7,643 sq ft lot in the heart of the Riverview neighborhood. Featuring central HVAC, forced‑air heating, original carpet and vinyl/linoleum floors, and a concrete exterior, the property presents classic mid-century charm with plenty of upside as a renovation project 

Zoning & Schools:

Located in Duval County, with schools nearby including Henry F. Kite Elementary, Jean Ribault Middle, and Jean Ribault High 


🛠️ Property Condition (Needs Renovation)


  • Roof: Asphalt—age unknown; likely needs replacement
  • HVAC: Central air & forced-air heating – verify current condition
  • Plumbing/Electrical: Assume full modernization needed
  • Interior: Flooring includes carpet and vinyl; likely dated
  • Foundation: No major issues reported (verify via inspection)
  • Other: Concrete exterior, original windows (consider upgrades)

Transaction Details

  • Closing Date: 7/16/2024
  • Occupancy: Vacant
  • Access instructions: Lockbox
  • Title company: United Home Title & Escrow
  • Earnest money required: $5,000.
  • Proof of funds required: No


Comparable Properties

955 Brandywine St (pending) – 3/1, 1,065 sqft, $175,000, Listed 2/7/2025

1904 Elm St – 2/2.5, 928 sqft, $165,000, Sold 11/22/2021

9162 Madison Ave – 3/1, 1,056 sqft, $160,000, Sold 3/28/2025


These recent Riverview-area sales support an ARV between $150–175 k, equating to $150–180/sq ft.


ROI Projections:

Flip (ARV $165K)~10.0%

Flip (ARV $185K)~23.3%

Buy & Hold @ $1,200~8.7%

Buy & Hold @ $1,500~11.5%


Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors

Estimated Spread

  • ARV $165,000
  • Price $74,990
  • Spread $90,010

DOCS

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