165 Servia Dr · Jacksonville, FL 32259

$314,900

3 bd · 3.0 ba · 1,687 sqft · Townhouse public records · 2 Days on market

Built 2017 3,049 sqft lot $187/sqft · 19% below area Est $477k · 34% under $122/mo HOA · 5% 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).

• ARV discount +15.0/15.0
• Schools +6.4/10.0
• Cash flow +6.2/30.0
• Livability +4.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.1/10.0
• DSCR +0.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your new home. Located in the beautiful Durbin Crossing 's Palisades Neighborhood. This lovely bright 3 bedrooms 2.5 baths townhome offers a large open concept 1st floor with spacious kitchen and wide granite island ,dining room area and family room facing the large yard and screened in patio. Upstairs features include separated, large master bedroom with walk in closet and sizeable bathroom, 2 additional bedrooms , laundry room with newer washer and dryer , and brand new carpet . Convenient great location only Minutes to Durbin shopping center ,9B and I95 Top rated schools Included in your low HOA is Durbin Crossing's 2 amenity centers offering daily activities pools, gym, tennis courts, basketball and volleyball courts kid's play area, large skateboard park dog park and sport park. Plus a newly done garage floor! Schedule your showing today

Key facts

• Walk-in closet
• Spacious kitchen
• Screened-in patio

Tags

• OPEN CONCEPT 1ST FLOOR
• SPACIOUS KITCHEN
• WIDE GRANITE ISLAND
• SCREENED-IN PATIO
• WALK-IN CLOSET
• NEWER WASHER AND DRYER

Property features AI

Finance

• HOA & community: Homeowners association with a quarterly fee of $367.05; CDD fee applies ($1,325.84)

Exterior

• Parking: Attached garage; 1-car garage
• Utilities: Cable available; Electricity connected; Water connected
• Home design: Townhouse
• Exterior features: Townhouse property; Attached property

Interior

• Kitchen: Dishwasher; Disposal; Electric range; Ice maker; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Dishwasher; Disposal; Electric range; Ice maker; Microwave; Refrigerator
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath townhouse listed at $315k.

Deal economics

• At list price, monthly cash flow is $-570 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $214k (32.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $225k (28.7% below list).
• Recommended offer: $214k (32.0% below list) — sets the bar for cash-flow.

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+.
• St. Johns (rural): math 75% / reading 73% proficiency, ranked #2 of 73 in FL (top 3%) — strong family-tenant draw, lease renewals of 3-5y typical; only 20% free/reduced lunch — higher-income household profile.
• Market conditions: Rents flat; 762 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 5,575 units permitted in St. Johns County in 2024 (584 in 5+ unit buildings).
• This rent is only 18% of the median local income ($151k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• St. Johns County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 9y 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 $196k; list at $315k implies a 61% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $214,159 (32.0% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.71% ✗
• Cap rate: 4.12%
• Cash-on-cash: -7.76%
• DSCR: 0.65
• GRM: 11.7

CMA / ARV

• ARV (median comp): $477,287
• List price: $314,900
• Delta: -33.81%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
90 Servia Dr	0.08mi	3/2.5	1,687 (0%)	15mo	$335,000	$199	82
86 Servia Dr	0.08mi	3/2.5	1,722 (+2%)	16mo	$317,000	$184	77
291 Servia Dr	0.11mi	3/2.5	1,722 (+2%)	15mo	$295,000	$171	77
306 Servia Dr	0.12mi	3/2.5	1,795 (+6%)	11mo	$370,000	$206	72
262 Servia Dr	0.08mi	3/2.5	1,795 (+6%)	14mo	$370,000	$206	72
338 Servia Dr	0.16mi	3/2.5	1,502 (-11%)	9mo	$300,000	$200	65
138 Servia Dr	0.04mi	2/2.5 (-1)	1,442 (-14%)	6mo	$290,000	$201	61
143 Servia Dr	0.02mi	2/2.5 (-1)	1,442 (-14%)	9mo	$289,900	$201	60
612 Servia Dr	0.27mi	3/2.5	1,502 (-11%)	11mo	$285,000	$190	58
239 Servia Dr	0.08mi	2/2.5 (-1)	1,442 (-14%)	15mo	$294,000	$204	53
804 Servia Dr	0.35mi	3/2.5	1,502 (-11%)	13mo	$292,050	$194	52
288 Servia Dr	0.10mi	2/2.5 (-1)	1,442 (-14%)	14mo	$274,000	$190	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -33.5%
• Equity multiple: -0.06×
• Total profit: $-93,793
• Equity at exit: $46,953

10-year hold

• IRR: -66.1%
• Equity multiple: -0.74×
• Total profit: $-153,320
• Equity at exit: $27,227

Cash invested: $88,172 (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 32259

• Home prices YoY: -28.8%
• Rents YoY: 0.0%
• Active inventory: 762
• Price-to-rent: 11.7×

Monthly cashflow live

• Estimated rent: $2,246 high
• Mortgage (P&I): −$1,651
• Tax from tax record: −$440 /mo · $5,279/yr
• Insurance: −$131
• HOA: −$122
• Vacancy / Maint / Mgmt: −$472
• Net cashflow: $-570

Break-even live

Break-even rent $2,968

Max offer price $214,159

Occupancy floor —

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: $78,725
• Closing costs: $9,447
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
38 Servia Dr Saint Johns, FL	3.0	2.5	1687	$2,195	$1.30	23d	1	0.12mi
61 Englewood Trce Saint Johns, FL	3.0	2.5	1502	$2,145	$1.43	17d	1	0.27mi
650 Servia Dr Saint Johns, FL	3.0	2.5	1502	$2,000	$1.33	21d	1	0.28mi
618 Servia Dr Saint Johns, FL	2.0	2.5	1210	$1,725	$1.43	20d	1	0.29mi
780 Servia Dr Saint Johns, FL	3.0	2.5	1502	$1,950	$1.30	23d	1	0.34mi
15 Ascend Cir Saint Johns, FL	1.0–3.0	1.0–2.0	1172	$2,350	$2.00	1d	34	0.65mi
112 Burghead Way Saint Johns, FL	4.0	2.0	1796	$2,600	$1.45	23d	1	1.32mi

HOA detail

• Monthly dues: $122 · $1,464/yr
• Likely covers: poolgym

Listing history 14 events

1. 2026-06-18
   days on market $314,900 Active 2 DOM
2. 2026-06-16
   pricestatusdays on marketlisting id $314,900 Active 1 DOM
3. 2026-05-06
   price $315,900 873-char remark

   Show marketing remark (873 chars)

   Welcome to your new home. Located in the beautiful Durbin Crossing 's Palisades Neighborhood. This lovely bright 3 bedrooms 2.5 baths townhome offers a large open concept 1st floor with spacious kitchen and wide granite island ,dining room area and family room facing the large yard and screened in patio. Upstairs features include separated, large master bedroom with walk in closet and sizeable bathroom, 2 additional bedrooms , laundry room with newer washer and dryer , and brand new carpet . Convenient great location only Minutes to Durbin shopping center ,9B and I95 Top rated schools Included in your low HOA is Durbin Crossing's 2 amenity centers offering daily activities pools, gym, tennis courts, basketball and volleyball courts kid's play area, large skateboard park dog park and sport park. Plus a newly done garage floor! Schedule your showing today

4. 2026-03-10
   listed $319,900 Active 873-char remark

   Show marketing remark (873 chars)

   Welcome to your new home. Located in the beautiful Durbin Crossing 's Palisades Neighborhood. This lovely bright 3 bedrooms 2.5 baths townhome offers a large open concept 1st floor with spacious kitchen and wide granite island ,dining room area and family room facing the large yard and screened in patio. Upstairs features include separated, large master bedroom with walk in closet and sizeable bathroom, 2 additional bedrooms , laundry room with newer washer and dryer , and brand new carpet . Convenient great location only Minutes to Durbin shopping center ,9B and I95 Top rated schools Included in your low HOA is Durbin Crossing's 2 amenity centers offering daily activities pools, gym, tennis courts, basketball and volleyball courts kid's play area, large skateboard park dog park and sport park. Plus a newly done garage floor! Schedule your showing today

5. 2025-10-31
   historical 917-char remark

   Show marketing remark (917 chars)

   Large yard, screened-in patio, open concept, bright, new carpet! Welcome to your new home located in Durbin Crossing's Palisades Neighborhood. This lovely bright 3 bedrooms 2.5 baths townhome offers a large open concept 1st floor with spacious kitchen and wide granite island , dinning room area and family room facing the large yard and screened in patio . Upstairs features separated larger master bedroom with walk in closet and spacious bathroom, 2 additional bedrooms as well as a laundry room with newer washer and dryer, and brand new carpet . Great, convenient location only Minutes to Durbin shopping center , 9B and I95! Top rated schools in St Johns County The low HOA included access to Durbin Crossing's 2 amenity centers offering daily activities, pools, gym, tennis courts, basketball and volleyball courts kid's play area, large skateboard dog and sport park. Schedule your showing today

6. 2025-09-17
   price $314,400 917-char remark

   Show marketing remark (917 chars)

   Large yard, screened-in patio, open concept, bright, new carpet! Welcome to your new home located in Durbin Crossing's Palisades Neighborhood. This lovely bright 3 bedrooms 2.5 baths townhome offers a large open concept 1st floor with spacious kitchen and wide granite island , dinning room area and family room facing the large yard and screened in patio . Upstairs features separated larger master bedroom with walk in closet and spacious bathroom, 2 additional bedrooms as well as a laundry room with newer washer and dryer, and brand new carpet . Great, convenient location only Minutes to Durbin shopping center , 9B and I95! Top rated schools in St Johns County The low HOA included access to Durbin Crossing's 2 amenity centers offering daily activities, pools, gym, tennis courts, basketball and volleyball courts kid's play area, large skateboard dog and sport park. Schedule your showing today

7. 2025-09-01
   price $314,900 917-char remark

   Show marketing remark (917 chars)

   Large yard, screened-in patio, open concept, bright, new carpet! Welcome to your new home located in Durbin Crossing's Palisades Neighborhood. This lovely bright 3 bedrooms 2.5 baths townhome offers a large open concept 1st floor with spacious kitchen and wide granite island , dinning room area and family room facing the large yard and screened in patio . Upstairs features separated larger master bedroom with walk in closet and spacious bathroom, 2 additional bedrooms as well as a laundry room with newer washer and dryer, and brand new carpet . Great, convenient location only Minutes to Durbin shopping center , 9B and I95! Top rated schools in St Johns County The low HOA included access to Durbin Crossing's 2 amenity centers offering daily activities, pools, gym, tennis courts, basketball and volleyball courts kid's play area, large skateboard dog and sport park. Schedule your showing today

8. 2025-08-14
   listed $319,900 Active 917-char remark

   Show marketing remark (917 chars)

   Large yard, screened-in patio, open concept, bright, new carpet! Welcome to your new home located in Durbin Crossing's Palisades Neighborhood. This lovely bright 3 bedrooms 2.5 baths townhome offers a large open concept 1st floor with spacious kitchen and wide granite island , dinning room area and family room facing the large yard and screened in patio . Upstairs features separated larger master bedroom with walk in closet and spacious bathroom, 2 additional bedrooms as well as a laundry room with newer washer and dryer, and brand new carpet . Great, convenient location only Minutes to Durbin shopping center , 9B and I95! Top rated schools in St Johns County The low HOA included access to Durbin Crossing's 2 amenity centers offering daily activities, pools, gym, tennis courts, basketball and volleyball courts kid's play area, large skateboard dog and sport park. Schedule your showing today

9. 2024-10-17
   historical
10. 2024-10-12
    price $324,900
11. 2024-10-07
    listed $329,900 Active
12. 2017-10-10
    soldstatus $195,685 Sold
13. 2017-04-19
    status Pending
14. 2017-04-12
    listed $201,990 Active

ⓘ 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: $5,279 · $440/mo
• Projected year-2 tax: $5,279 · $440/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 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,951
• − Mortgage interest: −$17,639
• − Property taxes: −$5,279
• − Insurance: −$1,574
• − Repairs & maintenance: −$2,156
• − Management: −$2,156
• − HOA: −$1,464
• − Depreciation: −$9,161
• Taxable loss: −$12,479
• Est. tax savings @ 24.0%: +$2,995
• After-tax cash flow: $-3,848/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: St. Johns
• NCES district ID: 1201740
• Math proficiency: 75% ▼ -5.00%
• Reading proficiency: 73% ▼ -2.00%
• Median HH income: $66,842
• Composite: 64.31/100
• National rank: #556
• State rank: #2 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

• County: Saint Johns County · 301,599 people
• City population: 979,034
• Metro: Jacksonville, FL
• Population (ZIP): 75,016
• Household income: $150,736
• Rent vs Own: 11.8% rent · 88.2% own
• Severe rent burden: 727.0

Population outlook (St. Johns County) Hauer SSP2

• Today (2025): 303,941 people
• By 2030: 342,590 · +12.7%
• By 2040: 417,328 · +37.3%
• By 2050: 487,011 · +60.2%
• By 2075: 635,395 · +109.1%
• By 2100: 717,469 · +136.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Two or more races 11% Hispanic / Latino 9% Black 6% Asian 6%
• Hispanic origin (detail): Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 2% Lithuanian 2% Slovak 2%
• Foreign-born: 13% · Canada, Jamaica, China
• Languages at home: 86% English-only · Spanish 5% Other Indo-European 4% Other Asian/Pacific 2%

Political lean MEDSL · St. Johns

• 2024 margin: Solid R (+31.4) · D 33.9% · R 65.2%
• 2008→2024 swing: +0.2pp no change · 2008: -31.6pp · 2024: -31.4pp
• All cycles: 2024: R+31.4 2020: R+26.7 2016: R+33.4 2012: R+37.8 2008: R+31.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -105.54%
• Current HPI: 261.2552
• Rent YoY: ▬ 0.00%
• 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

+55.9% since first listed

15 events — show timeline

• 2026-06-12 Listed $314,900 realMLS
• 2026-05-21 Pending — realMLS
• 2026-05-17 Listing Removed — realMLS
• 2026-05-06 Price Changed $315,900 realMLS
• 2026-03-10 Listed $319,900 realMLS
• 2025-10-31 Listing Removed — realMLS
• 2025-09-17 Price Changed $314,400 realMLS
• 2025-09-01 Price Changed $314,900 realMLS
• 2025-08-14 Listed $319,900 realMLS
• 2024-10-17 Listing Removed — realMLS
• 2024-10-12 Price Changed $324,900 realMLS
• 2024-10-07 Listed $329,900 realMLS
• 2017-10-10 Sold (MLS) $195,685 realMLS
• 2017-04-19 Pending — realMLS
• 2017-04-12 Listed $201,990 realMLS

Property tax history

+5.2%/yr

Latest (2025): $5,279 · +6.6% YoY. Source: county tax records.