Brick Jacksonville Flip Sold

  • 4 beds
  • 2 baths
  • 1,140 sqft

Property Description:

This 4-bed, 1.5-bath brick home offers 1,140 sq ft of living space on a large 0.45-acre lot in the Ribault River area of Jacksonville. Built in 1971 with durable CBS construction and a carport, the home sits in a quiet residential neighborhood with minimal turnover and spacious yards. The lot size alone makes this an outlier in the market.

๐Ÿ› ๏ธ Dated Systems โ€“ Light Rehab + Bath Conversion for Strong Upside

The roof and AC are older and the interior needs a full cosmetic refresh, including flooring, kitchen, bath, and fixtures. However, the biggest value-add is upgrading the half bath to a full second bath. Nearby 1-bath homes are sitting longer, while 2-bath comps are moving quicker and fetching stronger prices.

๐Ÿ’ฐ Market Comps โ€“ Room to Push ARV with Simple Improvements

๐Ÿ”ต Closed Sales

4222 Harbor View Dr โ€“ 3/2, 1,256 sq ft, 0.43 acres, built 2000 โ†’ Sold $175K ($139/sq ft) โ€“ newer build, similar lot

4446 Harbor View Dr โ€“ 3/2, 1,178 sq ft, 0.32 acres, built 1971 โ†’ Sold $177K ($150/sq ft) โ€“ same year, smaller lot

6936 Champlain Rd โ€“ 3/1, 1,302 sq ft, 9,151 sq ft lot, built 1956 โ†’ Sold $240K ($184/sq ft) โ€“ older, larger home

4662 Lincrest Dr N โ€“ 3/2, 1,383 sq ft, 9,785 sq ft lot, built 1960 โ†’ Sold $209K ($151/sq ft) โ€“ similar size lot, updated

๐ŸŸก Active/Pending

8636 Bermuda Rd โ€“ 3/1, 962 sq ft, 0.28 acres, built 1960 โ†’ Listed $168K ($175/sq ft) โ€“ smaller house/lot

4246 Clyde Dr โ€“ 3/1, 1,050 sq ft, 0.24 acres, built 1960 โ†’ Pending $144.5K ($138/sq ft) โ€“ smaller house/lot

๐Ÿ Valuation Notes

The subject has the largest lot of any comp and one of the few 4-bed layouts in the area. Adding a second full bath significantly increases appeal. With moderate updates and the bath conversion, this should easily support an ARV of ~$185Kโ€“$200K, potentially more if finished to a high spec.

Address:
Lake Placid Dr E
Jacksonville, FL 32208
Square Feet:
1,140
Lot Size:
0.45 Acres
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1971
Const. Type:
Block
MLS #:
$185,000 - $200,000

Call (321) 379-5777 for more details

Property Location