Beautifully remodeled home in the heart of historic Riverside! Just blocks from vibrant bars, restaurants, and shops, this FULLY FURNISHED property is currently operating as a successful short-term rental with frequent bookings making it ideal for a first-time buyer or investor seeking a turnkey opportunity. Major updates include a brand new HVAC (2025), new sewer line to the street (2022), updated water supply under the house, and modern electrical finishes throughout (2022), including a new electric meter. The kitchen features newer appliances (2022), and the bathroom was fully remodeled the same year with stylish finishes. Furniture conveys with the sale, offering a move-in-ready home or instant income-producing rental. Located just minutes from the Shoppes of Avondale, the riverfront, and some of Jacksonville's best local spots. Don't miss this rare opportunity in one of Jacksonville's most desirable and walkable neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$339,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $271,600 | $271,600 | $271,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $391 | $391 | $391 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,627 | $1,694 | $2,237 |
| Total Monthly Payment | $2,093 | $2,160 | $2,703 |
* 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.