24 E 32nd St · Jacksonville, FL 32206

$84,900

3 bd · 2.0 ba · 1,360 sqft · SingleFamily public records · 7 Days on market

Built 1914 0.25 ac 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 +28.7/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCED!! Attention Investors: HUGE cash flow/equity profit potential. 1914 Craftsman style home with beautiful finishes. Original brick fireplace, oak finishing and hardwood floors throughout. Amazing restoration project . Property includes single family home, garage with apartment for additional cash flow potential, PLUS an adjacent building lot. Over $3,000/month and over $200,000 equity potential. Located within proposed Everbank Field investment zone. Property is located in Jacksonville Opportunity Zone.

Key facts

• 0.25 acre lot
• Built 1914
• Listed 7 days

Property features AI

Exterior

• Parking: Assigned parking
• Utilities: Electricity available
• Home design: Single-family residence; One level
• Exterior features: Quarter-acre lot

Interior

• Kitchen: Kitchen (14 x 15)
• Bedrooms: Four bedrooms (all on the first floor)
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: No heating specified; No cooling specified
• Interior features: Five total rooms

🏷️ Possibly a rental listed for sale. The $84,900 price doesn't fit this home's estimated sale value (~$183,600) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $283 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Cap rate 10.3% vs local median 4.0% 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.
• Market conditions: Rents flat; 194 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 6,503 units permitted in Duval County in 2024 (1,131 in 5+ unit buildings).
• This rent runs 39% of the median local income ($39k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $587 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

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 3y ago; this cycle's ask has dropped $15k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.4% of price; built in 1914 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $84,900

Questions for the listing agent

1. Built in 1914 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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.
6. 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.
7. 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: 1.50% ✓
• Cap rate: 10.30%
• Cash-on-cash: 14.30%
• DSCR: 1.64
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $183,600
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3317 N Laura St	0.36mi	4/2.0 (+1)	1,364 (+0%)	3mo	$65,000	$48	75
212 W 38th St	0.34mi	4/2.0 (+1)	1,330 (-2%)	7mo	$155,000	$117	70
33 E 29th St	0.07mi	4/2.0 (+1)	1,169 (-14%)	1mo	$216,000	$185	68
317 W 41st St	0.57mi	3/2.0	1,268 (-7%)	2mo	$125,000	$99	61
228 E 25th St	0.28mi	3/1.0	1,187 (-13%)	7mo	$125,000	$105	56
329 Linwood Ave	0.38mi	3/1.0	1,500 (+10%)	7mo	$70,000	$47	55
3918 Springfield Blvd	0.57mi	3/2.0	1,222 (-10%)	3mo	$185,000	$151	54
4710 Springfield Blvd	0.56mi	3/2.0	1,208 (-11%)	4mo	$170,000	$141	52
662 Beechwood St	0.64mi	4/2.0 (+1)	1,208 (-11%)	4mo	$153,000	$127	43
419 Springfield Ct N	0.55mi	3/1.0	1,181 (-13%)	6mo	$160,000	$135	43
2516 N Market St	0.71mi	3/1.0	1,231 (-10%)	8mo	$185,000	$150	41
140 E 45th St	0.70mi	3/2.0	1,166 (-14%)	4mo	$194,000	$166	40

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 · 0.94% rent growth · sell at horizon

5-year hold

• IRR: 2.0%
• Equity multiple: 1.08×
• Total profit: $1,806
• Equity at exit: $12,659

10-year hold

• IRR: 9.2%
• Equity multiple: 1.63×
• Total profit: $15,052
• Equity at exit: $7,341

Cash invested: $23,772 (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 32206

• Home prices YoY: -23.7%
• Rents YoY: 0.9%
• Active inventory: 194
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,272 high
• Mortgage (P&I): −$445
• Tax from tax record: −$241 /mo · $2,889/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $283

Break-even live

Break-even rent $913

Max offer price $84,900

Occupancy floor 73%

Sensitivity live

Price	-10% $331	-5% $307	+0% $283	+5% $259	+10% $235
Rent	-10% $183	-5% $233	+0% $283	+5% $334	+10% $384
Rate	-1.0pp $326	-0.5pp $305	base $283	+0.5pp $261	+1.0pp $239

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: $21,225
• Closing costs: $2,547
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
28 W 33rd St Jacksonville, FL	4.0	1.0	1395	$898	$0.64	8d	1	0.06mi
3728 Silver St Jacksonville, FL	2.0	1.0	916	$1,100	$1.20	24d	1	0.23mi
26 W 27th St Jacksonville, FL	3.0	2.0	1512	$1,300	$0.86	24d	1	0.24mi
118 W 28th St Jacksonville, FL	3.0	2.0	1332	$1,250	$0.94	24d	1	0.24mi
326 Basswood St Jacksonville, FL	3.0	2.0	1317	$1,550	$1.18	24d	1	0.31mi
4526 Fairview St Jacksonville, FL	2.0	1.0	1575	$980	$0.62	18d	1	0.35mi
3747 Peachtree St Jacksonville, FL	3.0	2.0	1082	$1,410	$1.30	4d	1	0.35mi
451 Long Branch Blvd Unit 451 Jacksonville, FL	2.0	1.0	1000	$1,350	$1.35	24d	1	0.36mi
34 W 23rd St Jacksonville, FL	3.0	1.5	962	$1,400	$1.46	24d	1	0.41mi
421 Golfair Blvd Jacksonville, FL	4.0	2.5	1761	$1,381	$0.78	17d	1	0.42mi
5035 N Main St Jacksonville, FL	3.0	1.0–2.0	816	$1,459	$1.79	24d	69	0.42mi
511 Ivy St Jacksonville, FL	2.0	1.0	900	$995	$1.11	24d	1	0.43mi
204 W 23rd St Jacksonville, FL	3.0	1.0	960	$1,225	$1.28	2d	1	0.47mi
331 W 40th St Jacksonville, FL	4.0	2.0	1536	$1,375	$0.90	4d	1	0.48mi
347 W 23rd St Jacksonville, FL	3.0	1.5	1176	$1,112	$0.95	8d	1	0.52mi
3020 N Laura St Jacksonville, FL	3.0	1.0	1162	$1,300	$1.12	24d	1	0.52mi
643 Linwood Ave Jacksonville, FL	3.0	2.0	1232	$1,325	$1.08	3d	1	0.55mi
141 W 43rd St Jacksonville, FL	3.0	2.0	1022	$1,231	$1.20	3d	1	0.56mi
528 W 25th St Jacksonville, FL	2.0	1.0	944	$1,100	$1.17	24d	1	0.59mi
666 Basswood St Jacksonville, FL	3.0	1.0	1002	$1,400	$1.40	24d	1	0.59mi
435 Springfield Ct N Jacksonville, FL	2.0	1.0	950	$1,100	$1.16	24d	1	0.61mi
318 E 19th St Jacksonville, FL	2.0	1.0	1096	$895	$0.82	24d	1	0.64mi
205 E 44th St Jacksonville, FL	3.0	1.0	955	$1,075	$1.13	22d	1	0.67mi
4721 E Castlewood Dr Jacksonville, FL	3.0	1.0	1008	$1,250	$1.24	24d	1	0.71mi
522 W 21st St Jacksonville, FL	3.0	2.0	1045	$1,350	$1.29	24d	1	0.73mi
519 W 19th St Unit a Jacksonville, FL	2.0	1.5	1071	$1,095	$1.02	22d	1	0.77mi
519 W 19th St Jacksonville, FL	2.0	2.0	1071	$1,095	$1.02	22d	1	0.77mi
519 W 19th St Unit a Jacksonville, FL	2.0	1.5	1071	$1,075	$1.00	14d	1	0.77mi
519 W 19th St Jacksonville, FL	2.0	2.0	1071	$1,075	$1.00	4d	1	0.77mi
345 E 44th St Jacksonville, FL	3.0	1.0	1145	$1,150	$1.00	24d	1	0.77mi
3403 Phoenix Ave Jacksonville, FL	3.0	1.0	1002	$995	$0.99	8d	1	0.77mi
1125 E 24th St Jacksonville, FL	2.0	1.0	914	$600	$0.66	18d	1	0.78mi
2514 Walnut St Unit 2520 Jacksonville, FL	2.0	1.0	1119	$1,100	$0.98	24d	1	0.80mi
349 E 45th St Jacksonville, FL	2.0	1.0	954	$1,175	$1.23	8d	1	0.82mi
425 W 47th St Jacksonville, FL	3.0	1.5	1083	$1,193	$1.10	8d	1	0.86mi
217 E 48th St Jacksonville, FL	3.0	1.0	979	$1,096	$1.12	11d	1	0.86mi
503 W 16th St Jacksonville, FL	4.0	1.5	1216	$1,420	$1.17	24d	1	0.88mi
562 W 49th St Jacksonville, FL	3.0	1.0	1091	$1,195	$1.10	24d	1	0.88mi
319 W 49th St Jacksonville, FL	2.0	1.0	977	$1,200	$1.23	24d	1	0.89mi
5514 Long St Jacksonville, FL	2.0	1.0	941	$1,250	$1.33	2d	1	0.90mi

Listing history 8 events

1. 2026-06-19
   price $84,900 Active 7 DOM
2. 2026-06-18
   days on market $99,900 Active 7 DOM
3. 2026-06-17
   days on market $99,900 Active 6 DOM
4. 2026-06-16
   days on market $99,900 Active 5 DOM
5. 2026-06-15
   days on market $99,900 Active 4 DOM
6. 2026-06-13
   days on market $99,900 Active 2 DOM
7. 2026-06-13
   remarks 531-char remark
8. 2026-06-13
   listed $99,900 Active 1 DOM

ⓘ 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: $2,889 · $241/mo
• Projected year-2 tax: $2,889 · $241/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 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 20 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: $15,261
• − Mortgage interest: −$4,756
• − Property taxes: −$2,889
• − Insurance: −$424
• − Repairs & maintenance: −$1,221
• − Management: −$1,221
• − Depreciation: −$2,470
• Taxable income: $2,280
• Est. tax owed @ 24.0%: −$547
• After-tax cash flow: $2,853/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): 17,105
• Household income: $39,242
• Rent vs Own: 53.7% rent · 46.3% own
• Severe rent burden: 1057.0

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 Black (65%)
• Race & ethnicity: Black 65% White 22% Two or more races 8% Hispanic / Latino 6%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Italian 2% Romanian 1% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 3% Arabic 1% German/W. Germanic 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: ▼ -64.55%
• Current HPI: 208.1852
• Rent YoY: ▲ 0.94%
• 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

+177.5% since first listed

12 events — show timeline

• 2026-06-11 Listed $99,900 realMLS
• 2023-12-15 Sold (Public Records) $105,000 Public Records
• 2023-12-07 Sold (MLS) $105,000 realMLS
• 2023-11-01 Price Changed $119,000 realMLS
• 2023-10-12 Relisted — realMLS
• 2023-10-12 Price Changed $129,000 realMLS
• 2023-06-23 Listing Removed — realMLS
• 2023-06-02 Price Changed $112,000 realMLS
• 2023-06-02 Relisted — realMLS
• 2023-05-09 Pending — realMLS
• 2023-05-02 Listed $110,000 realMLS
• 1992-08-19 Sold (Public Records) $36,000 Public Records

Property tax history

+11.7%/yr

Latest (2025): $2,889 · +19.7% YoY. Source: county tax records.