$81,990

$52/sq ft

$1,000
Price Decreased

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Overview

Bedroom

3

Bath

1

Year Built

1940

Sqft

1564

Property Type

Single Family Residence

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY – FIX & FLIP OR RENTAL IN JACKSONVILLE Savvy investors will appreciate this high-upside value-add opportunity in Jacksonville offering strong fundamentals, flexible renovation potential, and an attractive spread. Located at 5851 Dunmire Ave, Jacksonville, FL 32219, this frame/ stucco single-family home is well suited for a fix-and-flip project or long-term rental strategy in an active and growing market. The property offers approximately 1,564 square feet with three bedrooms and one bathroom, including a substantial addition that significantly enhances the home’s value-add potential. This additional space can easily be reconfigured into a true third bedroom, expanded living area, or optimized layout to increase resale value and rental demand. Built in 1940, the home features durable concrete construction, providing long-term stability and solid bones rarely found at this price point. Key infrastructure features include central air conditioning, carport parking, and a newer asphalt shingle roof, helping reduce exposure to major capital expenditures. The home sits on a generous 8,121 sq ft lot with no HOA, offering flexibility and freedom for investors and future occupants alike. With an asking price of $81,990, an estimated $55,000 renovation, and a projected after-repair value of $225,000, this opportunity presents compelling upside and multiple exit strategies for the right buyer. Whether repositioned for resale or stabilized as a rental, this property offers a clear path to equity creation through thoughtful renovation. Opportunities with this combination of price point, construction quality, and value-add potential are increasingly rare in today’s market. Schedule a showing and explore the potential of this Jacksonville investment.

Property Details

MLS#

A4681674

Address

5851 DUNMIRE

City

Jacksonville

State/county

FL

Zip/Postal Code

32219

Area

Glen Oak

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,349

Maint Fee

$--

Tax Year

2025

None

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Boris Gelfand