2527 Summit St, Jacksonville, FL 32204

Unbeatable Value in Jacksonville’s 32204: Your Investment Opportunity Awaits!

Discover an incredible opportunity at 2527 Summit St, Jacksonville, FL 32204! This charming 3-bedroom, 1-bathroom single-family home offers a comfortable 880 sqft of living space, built in 1922 on a 3,960 sqft lot. While it may require some vision and TLC, its remarkably low price makes it an outstanding prospect for investors or savvy first-time homebuyers looking to build equity.

Priced at an astonishing $70,000, with an estimated refinance payment of just $390/month, this property presents unparalleled value in the Jacksonville market. Consider these current market insights for the 32204 zip code:

• The median listing home price in 32204 was $439,300 in May 2025.
• The median sold home price was $420,000 in May 2025.
• The median price per square foot for listings was $272.
• This property is priced at approximately $79.55 per square foot, significantly below the area’s median, offering tremendous immediate equity potential.
• The 32204 zip code is currently a “Buyer’s Housing Market,” with 100% of homes selling below asking price in June 2025, and an average sale time of 45 days, indicating opportunities for strong deals.

Jacksonville is a growing city with a cost of living that is 8% lower than the national average, with housing costs being particularly attractive (15.1% less than the national average). For investors, the average rent for a 3-bedroom home in Jacksonville is around $1,805/month, suggesting significant cash flow potential once renovated. This property offers an exceptional entry point into a competitive market, ideal for those seeking a profitable flip, a long-term rental, or an affordable primary residence to personalize. Don’t miss out on this rare chance to secure a property with such remarkable upside!