$81,990
Active · 167 days on market · MLS# MFRA4681674
| Bedrooms | 3 |
|---|---|
| Bathrooms | 1 |
| Living area | 1,564 sq ft |
| Lot size | 0.19 acres |
| Year built | 1940 |
| Property type | Single Family Residence |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $2,349 |
| County | Duval |
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 $81,990, 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.
Listing courtesy of Loukas Masouras, REALTY ONE GROUP MVP. Presented by MC Homes Realty Inc · 727432218.