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(904) 664-9864
Florida Coastal Team - LPT Realty
536 Sapelo Road, Jacksonville, FL 32216
- $163,000
- 3
- BD
- 2
- BA
- 1,530
- SqFt
- Sold Price
- $163,000
- List Price
- $165,000
- Status
- SOLD
- Days on Market
- 536
- Closing Date
- Dec 03, 2025
- MLS#
- T3529408
- Subtype
- Residential
- Style
- One Story
- Year Built
- 1949
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,530
- Lot Size
- 9,602
- Acres
- 0.22
- Subdivision
- Glynlea Park
- MLS Area Major
- Jacksonville
Property Description
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.
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Additional Information
- Interior Features
- Other
- Exterior Features
- Other
- Financing
- Cash, Other
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RLD-60
- Appliances
- Electric Water Heater, Range
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Other
- Levels
- One
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Yes
- Pool Type
- Deck
Listing courtesy of ANCHOR FLORIDA REALTY LLC. 813-245-4412
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