***MULTIPLE OFFERS RECEIVED - HIGHEST AND BEST DUE BY JANUARY 19, 2025 AT 5: 00PM***
This property presents a unique opportunity for those with vision and creativity! Located just 6 minutes from EverBank Stadium and only 18 minutes from Jacksonville International Airport, this home is in an ideal location to enjoy all the growth and excitement of Jacksonville while putting your own personal touch on a property with incredible potential.
Renovations Already Started - Ready for Your Finishing Touches! The heavy lifting has already been done - this home is equipped with a 200-amp service panel and has been rewired up to code as of 2019, with light fixture wiring installed in every room. This means you're ahead of the game when it comes to modern electrical standards, saving you time and money as you complete the renovation.
Additionally, a Smart Jack Support system has been installed to reinforce and support the floor joint system, ensuring the structural integrity of the home. The floor has already been lifted and leveled, providing a solid foundation for whatever finishes you choose.
Jacksonville is one of the fastest-growing cities in Florida, with development on the rise across the city. This neighborhood is on the up-and-coming radar, making this an excellent opportunity to own a property in a location poised for future growth. Whether you're looking to make this home your own or flip it for a profit, the potential here is clear.
Please note that the property is being sold as-is, giving you the flexibility to take over and complete the renovations to your liking. This is your chance to create a home tailored to your needs while investing in a rapidly appreciating market.
Don't miss out on this amazing opportunity to own a piece of Jacksonville with huge potential for customization. Schedule a tour today and envision the possibilities!
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Our Executive Mortgage Banker:
Our Insurance Division:
$120,000
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 | $96,000 | $96,000 | $96,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $81 | $81 | $81 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $631 | $638 | $810 |
Total Monthly Payment | $787 | $794 | $966 |
* 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.