Imagine yourself relaxing on the front porch of your fully renovated bungalow, enjoying refreshing mint juleps as you take in the bustling activity around you. Meticulously renovated, this historic residence retains its original charm while offering modern comforts. This versatile multi-generational property is currently thriving as an Airbnb, featuring a main house with three bedrooms and two bathrooms, along with an attached one-bedroom, one-bathroom apartment with its own private entrance and off-street parking. Renovated in 2022 from the studs in, including the roof, electrical system, plumbing, and HVAC, this 1920s bungalow provides a tranquil haven in the heart of Avondale's historic district. Situated on a corner lot, this property boasts an exceptional location ideal for owner occupancy or continued use as an Airbnb. The nearby Five Points neighborhood is renowned for its diverse array of shops, top-notch dining options, craft breweries, stunning murals, and the famed Murray Hill Theatre. Murray Hill has earned the title of Jacksonville's trendiest new neighborhood, as recognized by Void Magazine. Adjacent to Murray Hill are the historic Riverside and Ortega areas, showcasing magnificent homes designed by renowned American architects. Downtown Jacksonville is a mere 10-minute drive away, and the Florida State College Kent Campus is just around the corner. Conveniently located near the junction of I-10 and I-95, this property offers easy access to Downtown, the Southside, and the picturesque beaches of Jacksonville. Additionally, it's only an 8-minute drive to TIAA Bank Field, VyStar Veterans Memorial Arena, and the iconic Florida Theater, providing endless entertainment options.
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Our Executive Mortgage Banker:
Our Insurance Division:
$539,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $431,200 | $431,200 | $431,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,869 | $2,833 | $3,636 |
Total Monthly Payment | $3,294 | $3,258 | $4,061 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.