8728 1ST Avenue, Jacksonville, FL, 32208 | $60,000

This property is ready for a complete rehab. It has Commercial Office (CO) zoning but per the zoning code (see Section 656. 311), single family dwellings which were originally constructed as single family dwellings is a permitted use. Seller is in process of clearing some items out of the house, including the stacks of tile and flooring. Please be aware that flooring around the threshold to the back bedroom off of the kitchen is weak so be careful when walking through the property. JEA has a flag on the property due to condition. Property is selling ''as is'' with no repairs. The possibilities are many so take a look today! The lot next door is also for sale (see MLS# 2070642), so this makes the perfect location for that business or home. Make it yours today! BUYER TO TAKE TITLE WITH EXISTING LIENS AND WILL BE RESPONSIBLE FOR ABATING LIENS WITH THE CITY AFTER CLOSING. Buyer to do their own due diligence. **CLOSING MUST OCCUR WITH SELLERS' TITLE COMPANY, GIBRALTAR TITLE SERVICES, LLC**

Features

  • Bedrooms: 3
  • Baths: 1 full
  • Style: Traditional
  • Year Built: 1923
  • Heating: None
  • Cooling: None
  • Approx Sq. Feet: 972
  • Acreage: 0.12
  • Est. Taxes: $1,001
  • Lot Desc: Dead End Street
  • Elem. School: Rutledge H Pearson
  • Middle School: Jean Ribault
  • High School: Jean Ribault
  • Appliances: None
  • MLS#: 2069464
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /prop/2069464/87281stavenue_jacksonville_fl?source=qrflyer
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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David NguyenSales Associate

617.840.7973

David.Ngyuen@Raveis.com

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Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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8728 1ST Avenue, Jacksonville, FL, 32208

$60,000

David Nguyen

Sales Associate

William Raveis Real Estate

Phone: 617.840.7973

David.Ngyuen@Raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $48,000 $48,000 $48,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.303% 6.510%
Monthly Tax Payment $83 $83 $83
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $303 $323 $412
Total Monthly Payment $461 $481 $570

* 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.