365 Delmonte St · Baldwin, FL 32234

$138,000

3 bd · 1.0 ba · 704 sqft · SingleFamily public records · 33 Days on market

Built 1962 9,147 sqft lot

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +27.9/30.0
• DSCR +9.9/10.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• Appreciation +5.2/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to this charming 3-bedroom, 1-bath home nestled in a quiet and established Baldwin neighborhood. Recently updated with stylish LVP flooring and fresh paint throughout, this home offers comfort and convenience. Enjoy your morning coffee on the screened-in front porch or unwind in the spacious backyard perfect for gatherings, play, or storing your toys and equipment. The large driveway provides ample parking space for multiple vehicles. Located just minutes from local parks and with easy access to highways and freeways, commuting to Jacksonville is a breeze. Don't miss this opportunity to own a move-in ready home schedule your showing today!

Key facts

• Screened front porch
• Large driveway
• Metal roof

Tags

• SCREENED FRONT PORCH
• SPACIOUS BACKYARD
• LARGE DRIVEWAY
• AMPLE PARKING
• CENTRAL AIR
• METAL ROOF

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Other parking
• Utilities: Electricity connected; Sewer connected; Water connected
• Home design: Single family residence; Used as a residential single-family home
• Exterior features: No private pool

Interior

• Kitchen: Includes dishwasher and disposal
• Bedrooms: 3 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Dishwasher; Disposal; Other built-in appliances

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $138k.

Deal economics

• At list price, monthly cash flow is $425 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $138k).
• Recommended offer: $134k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#575 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, amenities F, commute F.
• Duval (urban): math 46% / reading 45% proficiency, ranked #48 of 73 in FL (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 232 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($954 loan paydown + $621 appreciation (0.5% local appreciation)).
• Duval County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (0.5% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($134k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $103k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; severe wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $133,860 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.24% ✓
• Cap rate: 9.99%
• Cash-on-cash: 13.19%
• DSCR: 1.59
• GRM: 6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.45% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.6%
• Equity multiple: 1.67×
• Total profit: $25,967
• Equity at exit: $43,205

10-year hold

• IRR: 17.8%
• Equity multiple: 3.04×
• Total profit: $78,971
• Equity at exit: $54,507

Cash invested: $38,640 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32234

• Home prices YoY: 0.2%
• Active inventory: 232
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,706 medium
• Mortgage (P&I): −$724
• Tax from tax record: −$142 /mo · $1,706/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $425

Break-even live

Break-even rent $1,169

Max offer price $138,000

Occupancy floor 70%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $34,500
• Closing costs: $4,140
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
512 US Highway 301 S Jacksonville, FL	2.0	1.0	720	$1,195	$1.66	4d	1	0.95mi

Listing history 27 events

1. 2026-06-18
   days on market $138,000 Active 33 DOM
2. 2026-06-17
   days on market $138,000 Active 32 DOM
3. 2026-06-16
   days on market $138,000 Active 31 DOM
4. 2026-06-15
   days on market $138,000 Active 30 DOM
5. 2026-06-13
   days on market $138,000 Active 27 DOM
6. 2026-06-10
   days on market $138,000 Active 24 DOM
7. 2026-06-08
   days on market $138,000 Active 23 DOM
8. 2026-06-07
   days on market $138,000 Active 22 DOM
9. 2026-06-05
   pricedays on market $138,000 Active 19 DOM
10. 2026-06-03
    days on market $140,000 Active 18 DOM
11. 2026-06-02
    days on market $140,000 Active 17 DOM
12. 2026-06-01
    days on market $140,000 Active 16 DOM
13. 2026-05-31
    days on market $140,000 Active 15 DOM
14. 2026-05-23
    price $140,000
15. 2026-05-16
    listed $145,000 Active
16. 2025-10-26
    historical $999
17. 2025-10-06
    historical 664-char remark

    Show marketing remark (664 chars)

    Welcome to this charming 3-bedroom, 1-bath home nestled in a quiet and established Baldwin neighborhood. Recently updated with stylish LVP flooring and fresh paint throughout, this home offers comfort and convenience. Enjoy your morning coffee on the screened-in front porch or unwind in the spacious backyard perfect for gatherings, play, or storing your toys and equipment. The large driveway provides ample parking space for multiple vehicles. Located just minutes from local parks and with easy access to highways and freeways, commuting to Jacksonville is a breeze. Don't miss this opportunity to own a move-in ready home schedule your showing today!

18. 2025-09-26
    listed $999
19. 2025-09-04
    price $150,000 664-char remark

    Show marketing remark (664 chars)

    Welcome to this charming 3-bedroom, 1-bath home nestled in a quiet and established Baldwin neighborhood. Recently updated with stylish LVP flooring and fresh paint throughout, this home offers comfort and convenience. Enjoy your morning coffee on the screened-in front porch or unwind in the spacious backyard perfect for gatherings, play, or storing your toys and equipment. The large driveway provides ample parking space for multiple vehicles. Located just minutes from local parks and with easy access to highways and freeways, commuting to Jacksonville is a breeze. Don't miss this opportunity to own a move-in ready home schedule your showing today!

20. 2025-08-12
    price $160,000 664-char remark

    Show marketing remark (664 chars)

    Welcome to this charming 3-bedroom, 1-bath home nestled in a quiet and established Baldwin neighborhood. Recently updated with stylish LVP flooring and fresh paint throughout, this home offers comfort and convenience. Enjoy your morning coffee on the screened-in front porch or unwind in the spacious backyard perfect for gatherings, play, or storing your toys and equipment. The large driveway provides ample parking space for multiple vehicles. Located just minutes from local parks and with easy access to highways and freeways, commuting to Jacksonville is a breeze. Don't miss this opportunity to own a move-in ready home schedule your showing today!

21. 2025-07-28
    price $170,000 664-char remark

    Show marketing remark (664 chars)

    Welcome to this charming 3-bedroom, 1-bath home nestled in a quiet and established Baldwin neighborhood. Recently updated with stylish LVP flooring and fresh paint throughout, this home offers comfort and convenience. Enjoy your morning coffee on the screened-in front porch or unwind in the spacious backyard perfect for gatherings, play, or storing your toys and equipment. The large driveway provides ample parking space for multiple vehicles. Located just minutes from local parks and with easy access to highways and freeways, commuting to Jacksonville is a breeze. Don't miss this opportunity to own a move-in ready home schedule your showing today!

22. 2025-07-22
    listed $175,000 Active 664-char remark

    Show marketing remark (664 chars)

    Welcome to this charming 3-bedroom, 1-bath home nestled in a quiet and established Baldwin neighborhood. Recently updated with stylish LVP flooring and fresh paint throughout, this home offers comfort and convenience. Enjoy your morning coffee on the screened-in front porch or unwind in the spacious backyard perfect for gatherings, play, or storing your toys and equipment. The large driveway provides ample parking space for multiple vehicles. Located just minutes from local parks and with easy access to highways and freeways, commuting to Jacksonville is a breeze. Don't miss this opportunity to own a move-in ready home schedule your showing today!

23. 2022-05-03
    soldstatus $103,000
24. 2019-09-10
    soldstatus $45,000
25. 2001-12-02
    historical 124-char remark

    Show marketing remark (124 chars)

    QUAINT STARTER HOME FOR THE NON-HANDY PERSON-EVERYTHING HAS BEEN DONE FOR BUYER BY PRESENT OWNER. HOME IN MOVE IN CONDITION.

26. 2001-06-02
    listed $49,900 124-char remark

    Show marketing remark (124 chars)

    QUAINT STARTER HOME FOR THE NON-HANDY PERSON-EVERYTHING HAS BEEN DONE FOR BUYER BY PRESENT OWNER. HOME IN MOVE IN CONDITION.

27. 1987-11-01
    soldstatus $10,200

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,706 · $142/mo
• Projected year-2 tax: $1,706 · $142/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,477
• − Mortgage interest: −$7,730
• − Property taxes: −$1,706
• − Insurance: −$690
• − Repairs & maintenance: −$1,638
• − Management: −$1,638
• − Depreciation: −$4,015
• Taxable income: $3,060
• Est. tax owed @ 24.0%: −$734
• After-tax cash flow: $4,362/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Duval
• NCES district ID: 1200480
• Math proficiency: 46% ▼ -11.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $48,987
• Composite: 38.97/100
• National rank: #4076
• State rank: #48 of 73 in FL

Livability — Baldwin

• Score: 67/100
• State rank: #575
• US rank: #10929

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment F Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baldwin, FL
• County: Duval County · 1,015,274 people
• Metro: Jacksonville, FL
• Population (ZIP): 9,678
• Household income: $87,331
• Rent vs Own: 13.6% rent · 86.4% own
• Severe rent burden: 62.0

Population outlook (Duval County) Hauer SSP2

• Today (2025): 1,013,010 people
• By 2030: 1,059,228 · +4.6%
• By 2040: 1,141,439 · +12.7%
• By 2050: 1,205,258 · +19.0%
• By 2075: 1,324,282 · +30.7%
• By 2100: 1,319,620 · +30.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 16% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Salvadoran 1%
• Common ancestry: Serbian 2% Lithuanian 1% Slovak 1%
• Foreign-born: 4% · Canada, Dominican Republic
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Duval

• 2024 margin: Toss-up / Even · D 48.7% · R 50.1% · Other 1.2%
• 2008→2024 swing: +0.4pp no change · 2008: -1.9pp · 2024: -1.5pp
• All cycles: 2024: R+1.5 2020: D+3.8 2016: R+1.5 2012: R+3.6 2008: R+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.45%
• Current HPI: 288.4613
• Rent YoY: —
• Metro: Jacksonville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1272.5% since first listed

14 events — show timeline

• 2026-05-23 Price Changed $140,000 realMLS
• 2026-05-16 Listed $145,000 realMLS
• 2025-10-26 Rental Removed $999 TENANTTURNER2
• 2025-10-06 Listing Removed — realMLS
• 2025-09-26 Listed for Rent $999 TENANTTURNER2
• 2025-09-04 Price Changed $150,000 realMLS
• 2025-08-12 Price Changed $160,000 realMLS
• 2025-07-28 Price Changed $170,000 realMLS
• 2025-07-22 Listed $175,000 realMLS
• 2022-05-03 Sold (Public Records) $103,000 Public Records
• 2019-09-10 Sold (Public Records) $45,000 Public Records
• 2001-12-02 Listing Removed — realMLS
• 2001-06-02 Listed $49,900 realMLS
• 1987-11-01 Sold (Public Records) $10,200 Public Records

Property tax history

+10.3%/yr

Latest (2025): $1,706 · +6.7% YoY. Source: county tax records.