3434 Blanding Blvd #215 · Jacksonville, FL 32210

$99,999

2 bd · 2.0 ba · 950 sqft · Condo public records · 57 Days on market

Built 1969 $434/mo HOA · 30% of rent

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Why this score? — see what drove the D 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 +10.2/30.0
• 1% rule +9.2/10.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +3.0/5.0
• DSCR +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully updated condo in a gated community with pool access! This spacious unit features LVP flooring throughout, a bright family room with plenty of windows, and a screened patio perfect for relaxing. The kitchen offers newer stainless steel appliances, granite countertops, 42'' cabinets with crown molding, and a stylish tile backsplash. Both bedrooms are generously sized, each with their own bath. Conveniently located and move-in ready.

Key facts

• Gated community
• Screened patio
• Pool access

Tags

• GATED COMMUNITY
• POOL ACCESS
• SCREENED PATIO
• STAINLESS-STEEL APPLIANCES
• GRANITE COUNTERTOPS
• 42-INCH CABINETS

Property features AI

Finance

• HOA & community: Homeowners association with a monthly fee of $434; Not a senior community

Exterior

• Parking: Assigned parking
• Utilities: Electricity connected
• Home design: Condominium; 2 stories; Entry on level 2; Residential use
• Exterior features: Screened patio/porch

Interior

• Kitchen: Dishwasher; Electric range
• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Dishwasher; Electric range

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $100k.

Deal economics

• At list price, monthly cash flow is $-57 ($-687/yr) — negative.
• To cash-flow at today's rent, offer at most $90k (10.1% below list).
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $90k (10.1% below list) — sets the bar for cash-flow.
• Cap rate 5.6% vs local median 3.9% in Jacksonville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#50 in FL, #911 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• 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.
• Zoned schools: Grasp Academy (math 18% / reading 14%, grade F, #2,130 of 2,144 statewide, top 99%, 271 students, 52% FRL); Joseph Stilwell Middle School (math 31% / reading 33%, grade F, #448 of 571 statewide, top 79%, 612 students, 68% FRL); Edward H. White High School (math 31% / reading 25%, grade F, #464 of 667 statewide, top 70%, 1,538 students, 64% FRL).
• Zoned-school proficiency averages 25% at this address vs 46% district-wide (-20 pts) — the specific schools serving this property underperform the Duval average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.1%/yr); 441 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Duval County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 13y ago; this cycle's ask has dropped $9k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 30% of rent.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $89,892 (10.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
3. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.42% ✓
• Cap rate: 5.61%
• Cash-on-cash: -2.45%
• DSCR: 0.89
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.11% rent growth · sell at horizon

5-year hold

• IRR: -21.7%
• Equity multiple: 0.26×
• Total profit: $-20,789
• Equity at exit: $14,910

10-year hold

• IRR: -18.6%
• Equity multiple: 0.05×
• Total profit: $-26,574
• Equity at exit: $8,646

Cash invested: $28,000 (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 32210

• Rents YoY: 2.1%
• Active inventory: 441
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,423 high
• Mortgage (P&I): −$524
• Tax from tax record: −$181 /mo · $2,176/yr
• Insurance: −$42
• HOA: −$434
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $-57

Break-even live

Break-even rent $1,495

Max offer price $89,892

Occupancy floor 99%

Sensitivity live

Price	-10% $-1	-5% $-29	+0% $-57	+5% $-86	+10% $-114
Rent	-10% $-170	-5% $-113	+0% $-57	+5% $-1	+10% $55
Rate	-1.0pp $-7	-0.5pp $-32	base $-57	+0.5pp $-83	+1.0pp $-109

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3434 Blanding Blvd Jacksonville, FL	2.0–3.0	2.0	1101	$1,695	$1.54	4d	2	0.07mi
6066 Wilson Blvd Jacksonville, FL	3.0	3.0	1097	$1,800	$1.64	25d	1	0.36mi
4301 Confederate Point Rd Jacksonville, FL	3.0	1.0–2.0	1042	$1,412	$1.36	4d	39	0.64mi
5215 San Juan Ave Jacksonville, FL	2.0	1.0	750	$1,075	$1.43	9d	1	0.64mi
5214 Lexington Ave Jacksonville, FL	1.0	1.0	750	$745	$0.99	25d	1	0.67mi
2039 Niblick Dr Jacksonville, FL	1.0–2.0	1.0–2.0	847	$1,275	$1.51	4d	10	0.71mi
5615 San Juan Ave #208 Jacksonville, FL	2.0	2.0	1115	$1,200	$1.08	25d	1	0.78mi
4375 Confederate Point Rd Jacksonville, FL	1.0–3.0	1.0–2.5	1125	$1,288	$1.14	4d	22	0.79mi
5821 San Juan Ave Jacksonville, FL	1.0–3.0	1.0–2.0	1056	$1,165	$1.10	5d	7	0.83mi
4455 Confederate Point Rd Jacksonville, FL	1.0–3.0	1.0–2.5	1045	$1,339	$1.28	3d	19	0.91mi
5139 Camille Ave Jacksonville, FL	3.0	2.0	1100	$1,625	$1.48	3d	1	0.96mi
6349 Kimberly Ln Jacksonville, FL	1.0	1.0	688	$1,095	$1.59	25d	1	0.98mi
4343 Ortega Farms Cir Unit A Jacksonville, FL	2.0	1.0	800	$1,950	$2.44	25d	1	1.04mi
4776 Cardinal Blvd Jacksonville, FL	3.0	1.0	959	$1,550	$1.62	25d	1	1.04mi
6511 San Juan Ave Jacksonville, FL	2.0	2.0	740	$1,200	$1.62	5d	1	1.11mi
6715 Cotton Tail Ln Jacksonville, FL	3.0	1.5	1120	$1,450	$1.29	16d	1	1.19mi
6595 San Juan Ave Jacksonville, FL	1.0–2.0	1.0	846	$1,250	$1.48	21d	4	1.20mi
6746 Jack Horner Ln Jacksonville, FL	3.0	1.0	975	$1,450	$1.49	25d	1	1.21mi
4844 Merrimac Ave Jacksonville, FL	2.0	1.0	820	$1,325	$1.62	25d	1	1.23mi
6809 Miss Muffet Ln S Jacksonville, FL	3.0	1.0	1095	$1,475	$1.35	6d	1	1.30mi
4608 Wheeler Ave Jacksonville, FL	3.0	1.0	1025	$2,000	$1.95	25d	1	1.41mi
6863 Jack Horner Ln Jacksonville, FL	3.0	1.0	975	$1,095	$1.12	9d	1	1.41mi
4503 Anvers Blvd Jacksonville, FL	3.0	2.0	1084	$1,595	$1.47	25d	1	1.44mi
5985 Windsor Forest Dr Jacksonville, FL	2.0	1.5	900	$1,099	$1.22	9d	1	1.47mi
5985 Windsor Forest Dr Unit 23 Jacksonville, FL	2.0	1.5	900	$999	$1.11	23d	1	1.47mi
5985 Windsor Forest Dr Unit 15 Jacksonville, FL	2.0	1.5	900	$999	$1.11	9d	1	1.47mi
4586 Park St Rm 2 Jacksonville, FL	1.0	1.0	900	$700	$0.78	25d	1	1.50mi

HOA detail condo

• Monthly dues: $434 · $5,208/yr
• Likely covers: poolsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-04-14
   price $99,999
2. 2026-04-01
   listed $109,000 Active
3. 2026-01-23
   status Pending 462-char remark

   Show marketing remark (462 chars)

   Welcome to this beautifully updated condo in a gated community with pool access! This spacious unit features LVP flooring throughout, a bright family room with plenty of windows, and a screened patio perfect for relaxing. The kitchen offers newer stainless steel appliances, granite countertops, 42'' cabinets with crown molding, and a stylish tile backsplash. Both bedrooms are generously sized, each with their own bath. Conveniently located and move-in ready.

4. 2026-01-23
   historical 462-char remark

   Show marketing remark (462 chars)

   Welcome to this beautifully updated condo in a gated community with pool access! This spacious unit features LVP flooring throughout, a bright family room with plenty of windows, and a screened patio perfect for relaxing. The kitchen offers newer stainless steel appliances, granite countertops, 42'' cabinets with crown molding, and a stylish tile backsplash. Both bedrooms are generously sized, each with their own bath. Conveniently located and move-in ready.

5. 2025-11-22
   price $109,000 462-char remark

   Show marketing remark (462 chars)

   Welcome to this beautifully updated condo in a gated community with pool access! This spacious unit features LVP flooring throughout, a bright family room with plenty of windows, and a screened patio perfect for relaxing. The kitchen offers newer stainless steel appliances, granite countertops, 42'' cabinets with crown molding, and a stylish tile backsplash. Both bedrooms are generously sized, each with their own bath. Conveniently located and move-in ready.

6. 2025-09-25
   listed $122,000 Active 462-char remark

   Show marketing remark (462 chars)

   Welcome to this beautifully updated condo in a gated community with pool access! This spacious unit features LVP flooring throughout, a bright family room with plenty of windows, and a screened patio perfect for relaxing. The kitchen offers newer stainless steel appliances, granite countertops, 42'' cabinets with crown molding, and a stylish tile backsplash. Both bedrooms are generously sized, each with their own bath. Conveniently located and move-in ready.

7. 2024-08-16
   soldstatus $133,500
8. 2024-08-01
   soldstatus $133,500 Closed 353-char remark

   Show marketing remark (353 chars)

   Lovely 2nd floor condominium in a gated community, with 2 bedrooms, 2 bathrooms, new laminate flooring, beautiful kitchen with granite countertops, and a huge screened porch overlooking a park-like green! Neighborhood pool and dock! Convenient to everything! You don't want to miss this! Seller will pay 6 months of condo fees with a full price offer!

9. 2024-06-29
   status Pending 353-char remark

   Show marketing remark (353 chars)

   Lovely 2nd floor condominium in a gated community, with 2 bedrooms, 2 bathrooms, new laminate flooring, beautiful kitchen with granite countertops, and a huge screened porch overlooking a park-like green! Neighborhood pool and dock! Convenient to everything! You don't want to miss this! Seller will pay 6 months of condo fees with a full price offer!

10. 2024-04-17
    price $149,900 353-char remark

    Show marketing remark (353 chars)

    Lovely 2nd floor condominium in a gated community, with 2 bedrooms, 2 bathrooms, new laminate flooring, beautiful kitchen with granite countertops, and a huge screened porch overlooking a park-like green! Neighborhood pool and dock! Convenient to everything! You don't want to miss this! Seller will pay 6 months of condo fees with a full price offer!

11. 2024-03-22
    listed $159,900 Active 353-char remark

    Show marketing remark (353 chars)

    Lovely 2nd floor condominium in a gated community, with 2 bedrooms, 2 bathrooms, new laminate flooring, beautiful kitchen with granite countertops, and a huge screened porch overlooking a park-like green! Neighborhood pool and dock! Convenient to everything! You don't want to miss this! Seller will pay 6 months of condo fees with a full price offer!

12. 2017-02-02
    soldstatus $59,000
13. 2017-01-31
    soldstatus $59,900 Sold
14. 2016-12-15
    status Pending
15. 2016-12-04
    historical Active - Contingent
16. 2016-11-28
    listed $64,900 Active
17. 2013-09-05
    soldstatus $40,500
18. 2013-08-29
    soldstatus $40,500
19. 2013-04-23
    listed $40,500

ⓘ 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: $2,176 · $181/mo
• Projected year-2 tax: $2,176 · $181/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 6/10 Major FEMA zone X (unshaded) · 62% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,076
• − Mortgage interest: −$5,601
• − Property taxes: −$2,176
• − Insurance: −$500
• − Repairs & maintenance: −$1,366
• − Management: −$1,366
• − HOA: −$5,208
• − Depreciation: −$2,909
• Taxable loss: −$2,050
• Est. tax savings @ 24.0%: +$492
• After-tax cash flow: $-194/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 — Jacksonville

• Score: 83/100
• State rank: #50
• US rank: #911

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jacksonville, FL
• County: Duval County · 1,015,274 people
• City population: 979,034
• Metro: Jacksonville, FL
• Population (ZIP): 65,729
• Household income: $61,050
• Rent vs Own: 42.6% rent · 57.4% own
• Severe rent burden: 3605.0

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: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 43% Black 38% Hispanic / Latino 10% Two or more races 7% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3%
• Common ancestry: Slovak 2% Hispanic 2% Italian 1%
• Foreign-born: 10% · Canada, Vietnam, China
• Languages at home: 86% English-only · Spanish 7% French/Haitian/Cajun 2% Tagalog/Filipino 1%

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: ▼ -314.81%
• Current HPI: 281.2688
• Rent YoY: ▲ 2.11%
• 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

+146.9% since first listed

19 events — show timeline

• 2026-04-14 Price Changed $99,999 realMLS
• 2026-04-01 Listed $109,000 realMLS
• 2026-01-23 Pending — realMLS
• 2026-01-23 Listing Removed — realMLS
• 2025-11-22 Price Changed $109,000 realMLS
• 2025-09-25 Listed $122,000 realMLS
• 2024-08-16 Sold (Public Records) $133,500 Public Records
• 2024-08-01 Sold (MLS) $133,500 realMLS
• 2024-06-29 Pending — realMLS
• 2024-04-17 Price Changed $149,900 realMLS
• 2024-03-22 Listed $159,900 realMLS
• 2017-02-02 Sold (Public Records) $59,000 Public Records
• 2017-01-31 Sold (MLS) $59,900 realMLS
• 2016-12-15 Pending — realMLS
• 2016-12-04 Contingent — realMLS
• 2016-11-28 Listed $64,900 realMLS
• 2013-09-05 Sold (Public Records) $40,500 Public Records
• 2013-08-29 Sold (MLS) $40,500 realMLS
• 2013-04-23 Listed $40,500 realMLS

Property tax history

+10.2%/yr

Latest (2025): $2,176 · +189.8% YoY. Source: county tax records.