363 Roberts St N · Green Cove Springs, FL 32043

$229,999

4 bd · 2.0 ba · 1,444 sqft · SingleFamily public records · 49 Days on market

Built 2014 5,662 sqft lot Est $282k · 18% under ↓ 2% since listing

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Why this score? — see what drove the C+ 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 +20.4/30.0
• ARV discount +15.0/15.0
• DSCR +6.5/10.0
• Schools +5.1/10.0
• 1% rule +4.8/10.0
• Livability +3.8/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to this charming property located at 36 Roberts Rd in the heart of Green Cove Springs. Nestled on a spacious lot, this home offers. Outside, enjoy the expansive yard with plenty of room for outdoor activities, gardening, or future enhancements. With no HOA restrictions, you'll have the freedom to truly make this property your own. Conveniently located near schools, parks, shopping, and the St. Johns River, this home combines peaceful living with easy access to everything Green Cove Springs has to offer. Don't miss your opportunity to own a slice of Florida living--schedule your private showing

Key facts

• Near schools
• Near shopping
• Expansive yard

Tags

• SPACIOUS LOT
• EXPANSIVE YARD
• NO HOA RESTRICTIONS
• NEAR SCHOOLS
• NEAR PARKS
• NEAR SHOPPING

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: Garage
• Utilities: Cable available
• Home design: Single family residence used as a single-family home
• Exterior features: Lot approximately 0.13 acres; No private pool

Interior

• Kitchen: Includes dishwasher
• Bedrooms: 4 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Dishwasher
• Laundry & utility: Unfurnished

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $300 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $226k (1.9% below list).
• Recommended offer: $223k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.2% in Green Cove Springs — 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 75/100 on livability (#245 in FL, #3,868 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, amenities F, commute F.
• Clay (suburban): math 58% / reading 59% proficiency, ranked #14 of 73 in FL (top 19%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents flat; 885 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,876 units permitted in Clay County in 2024 (14 in 5+ unit buildings).
• This rent runs 32% of the median local income ($84k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Clay 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 49 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.

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 $223,099 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 0.98% ✗
• Cap rate: 7.86%
• Cash-on-cash: 5.59%
• DSCR: 1.25
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $281,580
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1217 Spruce St	0.11mi	4/2.0	1,380 (-4%)	3mo	$259,000	$188	85
219 N West St	0.21mi	4/1.5	1,456 (+1%)	3mo	$250,000	$172	84
1116 Bonaventure Ave	0.27mi	3/2.0 (-1)	1,433 (-1%)	6mo	$295,000	$206	76
524 N Cypress Ave	0.49mi	3/2.0 (-1)	1,438 (-0%)	0mo	$318,999	$222	71
1178 Buccaneer Blvd	0.34mi	3/2.0 (-1)	1,408 (-2%)	5mo	$285,000	$202	71
101 S Oakridge Ave	0.55mi	4/2.5	1,468 (+2%)	0mo	$200,000	$136	70
611 Gum St	0.49mi	3/2.0 (-1)	1,513 (+5%)	1mo	$249,000	$165	64
1290 Spruce St	0.18mi	3/2.0 (-1)	1,258 (-13%)	2mo	$275,000	$219	64
1122 Bonaventure Ave	0.29mi	4/2.0	1,627 (+13%)	6mo	$316,950	$195	61
716 N Pine Ave	0.63mi	3/2.0 (-1)	1,514 (+5%)	4mo	$261,000	$172	54
407 Green St S	0.57mi	3/2.0 (-1)	1,288 (-11%)	4mo	$270,000	$210	47
804 N Cypress Ave	0.66mi	3/1.0 (-1)	1,299 (-10%)	0mo	$170,000	$131	44

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 · 0.46% rent growth · sell at horizon

5-year hold

• IRR: -10.4%
• Equity multiple: 0.63×
• Total profit: $-23,812
• Equity at exit: $34,294

10-year hold

• IRR: -4.8%
• Equity multiple: 0.72×
• Total profit: $-18,181
• Equity at exit: $19,886

Cash invested: $64,400 (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 32043

• Home prices YoY: -26.3%
• Rents YoY: 0.5%
• Active inventory: 885
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,256 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$180 /mo · $2,159/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$474
• Net cashflow: $300

Break-even live

Break-even rent $1,876

Max offer price $229,999

Occupancy floor 82%

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4028 Pine Ave Unit 1 Green Cove Springs, FL	3.0	2.5	1304	$1,850	$1.42	3d	1	0.54mi
4019 Pine Ave Unit 1 Green Cove Springs, FL	3.0	2.5	1304	$1,850	$1.42	3d	1	0.54mi
410 Center St Green Cove Springs, FL	3.0	1.0	1100	$1,600	$1.45	23d	1	0.64mi
1507 Julia St Green Cove Springs, FL	3.0	2.0	1621	$2,020	$1.25	2d	1	0.74mi
212 Saint Johns Ave Unit 212 Green Cove Springs, FL	3.0	2.0	1560	$2,300	$1.47	23d	1	0.84mi
4019 Pine Hill Pt Unit 4019 Green Cove Springs, FL	3.0	2.5	1306	$1,850	$1.42	23d	1	0.92mi
4016 Pine Hill Pt Unit 4016 Green Cove Springs, FL	3.0	2.5	1306	$1,850	$1.42	23d	1	0.92mi
4028 Pine Hill Pt Unit 4028 Green Cove Springs, FL	3.0	2.5	1306	$1,850	$1.42	23d	1	0.94mi
1408 N Orange Ave Green Cove Springs, FL	1.0–3.0	1.0	840	$1,375	$1.64	3d	36	1.16mi

Listing history 16 events

1. 2026-06-18
   days on market $229,999 Active 49 DOM
2. 2026-06-17
   days on market $229,999 Active 48 DOM
3. 2026-06-16
   days on market $229,999 Active 47 DOM
4. 2026-06-15
   price $229,999 Active 46 DOM
5. 2026-06-15
   days on market $254,900 Active 46 DOM
6. 2026-06-13
   days on market $254,900 Active 44 DOM
7. 2026-06-13
   days on market $254,900 Active 43 DOM
8. 2026-06-09
   days on market $254,900 Active 40 DOM
9. 2026-06-08
   days on market $254,900 Active 39 DOM
10. 2026-06-07
    days on market $254,900 Active 38 DOM
11. 2026-06-03
    days on market $254,900 Active 34 DOM
12. 2026-06-02
    days on market $254,900 Active 33 DOM
13. 2026-06-01
    days on market $254,900 Active 32 DOM
14. 2026-05-31
    days on market $254,900 Active 31 DOM
15. 2026-05-19
    price $254,900
16. 2026-04-30
    listed $259,900 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: $2,159 · $180/mo
• Projected year-2 tax: $2,159 · $180/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 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,068
• − Mortgage interest: −$12,884
• − Property taxes: −$2,159
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,165
• − Management: −$2,165
• − Depreciation: −$6,691
• Taxable loss: −$146
• Est. tax savings @ 24.0%: +$35
• After-tax cash flow: $3,636/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: Clay
• NCES district ID: 1200300
• Math proficiency: 58% ▼ -8.00%
• Reading proficiency: 59% ▼ -3.00%
• Median HH income: $59,379
• Composite: 50.73/100
• National rank: #1815
• State rank: #14 of 73 in FL

Livability — Green Cove Springs

• Score: 75/100
• State rank: #245
• US rank: #3868

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Green Cove Springs, FL
• County: Clay County · 208,450 people
• City population: 34,562
• Metro: Jacksonville, FL
• Population (ZIP): 34,562
• Household income: $84,145
• Rent vs Own: 21.3% rent · 78.7% own
• Severe rent burden: 449.0

Population outlook (Clay County) Hauer SSP2

• Today (2025): 230,495 people
• By 2030: 242,427 · +5.2%
• By 2040: 262,244 · +13.8%
• By 2050: 275,148 · +19.4%
• By 2075: 295,397 · +28.2%
• By 2100: 287,592 · +24.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Black 10% Two or more races 7% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Slovak 3% Romanian 2% Lithuanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 5% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Clay

• 2024 margin: Solid R (+39.3) · D 29.9% · R 69.2%
• 2008→2024 swing: +3.6pp toward D · 2008: -42.8pp · 2024: -39.3pp
• All cycles: 2024: R+39.3 2020: R+37.1 2016: R+44.3 2012: R+45.8 2008: R+42.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -107.34%
• Current HPI: 301.3212
• Rent YoY: ▲ 0.46%
• 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

-1.9% since first listed

2 events — show timeline

• 2026-05-19 Price Changed $254,900 realMLS
• 2026-04-30 Listed $259,900 realMLS

Property tax history

+23.1%/yr

Latest (2025): $2,159 · +3.9% YoY. Source: county tax records.