Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY - FIX & FLIP OR RENTAL IN JACKSONVILLESavvy 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 $82,990, 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.
5851 Dunmire Avenue | MLS# A4681674
This single family home located at 5851 Dunmire Avenue, Jacksonville, FL 32219 is currently listed for sale with an asking price of $82,990. This property was built in 1940 and has 3 bedrooms and 1 full baths with 1564 sq. ft. Dunmire Avenue is located in the GLEN OAK subdivision. Search GLEN OAK real estate on www.signwithsanford.com today.