536 SAPELO RD Pending Save Request In-Person Tour Request Virtual Tour
Jacksonville,FL 32216
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,530 sqft
Price per Sqft $107
Subdivision Glynlea Park
MLS Listing ID T3529408
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1949
Annual Tax Amount $3,035
Lot Size 9,583 Sqft
Property Sub-Type Single Family Residence
Property Description
Under contract-accepting backup offers. MULTIPLE OFFERS - HIGHEST AND BEST REQUIRED • This 1949 block-built investment opportunity features three bedrooms, 1.5 bathrooms, and a private pool on a large lot—priced below market value due to needed rehabilitation. Situated just east of downtown Jacksonville across the St. Johns River, the property offers substantial upside potential in a high-accessibility location near major highways and the University of North Florida. Investment Highlights - Below-Market Entry Point: Priced to reflect required updates and repairs, offering immediate equity potential post-renovation. Durable Construction: Block structure provides long-term stability; roof replaced in 2018.
• Mechanicals: HVAC system installed in 2014; air handler currently non-functional—budget for repair or replacement. Deferred Maintenance: Full interior modernization opportunity—kitchen, bathrooms, flooring, and electrical/plumbing systems can be upgraded to current standards. Exterior & Site: Block damage at the rear requires tuckpointing or section repair; large lot allows for expansion, accessory dwelling unit (ADU), or landscape redesign. Pool: An existing pool adds value for rental appeal or future resale—inspect the equipment condition and code compliance. Location & Market Advantages: Minutes from downtown Jacksonville and UNF—strong demand for rental housing from students, professionals, and medical personnel. Easy access to I-10, I-95, and US-17 enhances commuter appeal. The area shows steady appreciation amid increasing redevelopment activity—ideal for a value-add strategy. Recommended Strategy - Perform a complete renovation to modernize interiors and repair structural elements. Target long-term rental, short-term rental (if zoning permits), or resale after rehab. Leverage low acquisition cost to maximize ROI with disciplined renovation budgeting.
Location
State FL
County Duval
Community Glynlea Park
Area 32216 - Jacksonville
Zoning RLD-60
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Tile
Fireplaces Type Other
Laundry Inside
Exterior
Exterior Feature Other
Pool Deck
Utilities Available Public
Roof Type Shingle
Building
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3529408