3016 Spires Ave, Jacksonville, FL 32209

Jacksonville Investor Special: Unbeatable Price for a 2-Bedroom Home with Potential!

Discover an unparalleled investment opportunity at 3016 Spires Ave, Jacksonville, FL 32209! This 2-bedroom, 1-bathroom single-family home offers 742 sqft of living space on a 3,920 sqft lot. Built in 1961, this property is being offered at an extraordinarily low price, presenting an ideal canvas for a seasoned investor or a visionary cash buyer looking for a high-ROI renovation project. With no HOA fees, your potential for profit is maximized!

Priced at an astonishingly low $49,000, with an estimated refinance payment of approximately $339/month (excluding 2024 property taxes of $939), this home is positioned dramatically below the typical market values for the area, signaling a significant value-add opportunity. This property is an “as-is” sale and will require substantial renovation, offering the perfect chance to customize and significantly increase its market value. Consider these powerful insights for the 32209 zip code:

• The median sold home price in 32209 is $125,000, and the median listing price is $145,000. This property is offered at a fraction of these prices, promising substantial equity growth upon a successful renovation.
• The median listing price per square foot in 32209 is $130. At approximately $66 per square foot, this home is exceptionally priced for a full-scale rehabilitation, allowing a buyer to dictate finishes and maximize resale value.
• For investors, 2-bedroom, 1-bathroom homes in 32209 can rent for $799 to $1,500+ per month, suggesting strong potential for rental income post-rehab. Zillow’s average rent for 32209 is $1,193/month.
• The 32209 market is active, with homes typically going pending in 52 days, indicating strong buyer interest for appropriately priced properties.

Located in a well-established Jacksonville neighborhood, this home offers convenient access to local amenities and transportation routes. Jacksonville is a rapidly growing city with an attractive cost of living, making it appealing to new residents and offering a diverse economy. This property is perfect for a strategic flip or a long-term rental, allowing you to capitalize on its deep discount and transform it into a profitable asset in a thriving market. Serious inquiries from cash buyers or investors comfortable with extensive renovations are encouraged.