Turnkey Rental Property... Takeover Mortgage ... Super Low Interest Rate!

Duval County, Jacksonville, FL, 32208
Sold
Listed at: November 21st, 2023
Price
$35,000
ARV
$170,000
Gross Margin
$135,000
Sq. Footage
1192
Type
Single-Family
Parking
Driveway
Year build
1956
Lot size
0.22 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

SUBTO DEAL AVAILABLE FOR ASSIGNMENT IN JACKSONVILLE, FL 2.9%

3 bed/1 bath;

1,192 sq ft.

Year Built: 1956

Roof: 3 years old

480 sqft detached 2 car garage/workshop that can be converted into an additional dwelling unit and used to produce more long term or short term rental income. 

DEAL:

🏠 Entry Fee: $30k + cc

🏠 ARV $170,000

🏠 Subject to Mortgage: $119,000 Balance | 2.9% Conventional loan 

🔑 PITI: $928/ Month

🔑LTR: $1500/ Month

🔑STR: $3000 (AirDNA Verified)

🔑 PADSPLIT: $4079/ Month

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Comps: 

9324 11TH AVE, JACKSONVILLE, FL 32208

2/1 1130 sqft, Sold on 06/23/23, $170,000  

--

9335 11TH AVE, JACKSONVILLE, FL 32208

2/1 952 sqft, Sold on 08/21/23, $160,000

--

3037 LANSDELL DR, JACKSONVILLE, FL 32208

3/1 1102 sqft, Sold on 09/15/23, $175,000

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 *Requirements for submission: PLEASE read prior to submitting offer 

1.) No Assignment of Contracts. We are willing to JV as long as you are transparent.  

2.) Escalation agreements are ok with us.

3.) Minimum escrow deposit of $5k required within 24 hours of acceptance of offer. 

4.) Proof of funds required upon contract signing.

5.) Property sold as-is. 

6.) Buyer pays all closing costs as well as docs and deed stamps. 

7.) Do not approach property without an appointment. Drive by ok.

For offers, negotiations, questions, showings and offers call/text Drew at 407-373-3279 or email Drew@FlashCashOffers.com 

Title Company: First International Title; Closing Agent Name: Natia Johnson; Phone:  407-350-3338x 5747; Email: Natia.Johnson@firstintitle.com; Address: 13538 Village Park Drive, Suite 120 Orlando, Florida 32837 




Videos

Video walk through of 9268 11TH Ave

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Drew Oquendo

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Disposition manager