7701 Timberlin Park Blvd #838 · Jacksonville, FL 32256

$139,000

2 bd · 2.0 ba · 1,009 sqft · Condo public records · 202 Days on market

Built 1997 $336/mo HOA · 23% of rent

---

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 +7.7/30.0
• ARV discount +7.5/15.0
• 1% rule +5.6/10.0
• Appreciation +4.2/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• DSCR +1.8/10.0

Listing remarks MLS

Beautiful 3rd floor unit, vaulted ceiling , lake and preserve view, one reserved parking space and one detached single car garage, berber carpet and tile, washer and dryer included. Community features pool, firness center,playground , walking trail, and close to shopping.

Key facts

• Gated community
• Sparkling pond
• Pool

Tags

• GATED COMMUNITY
• SPARKLING POND
• SEPARATE LAUNDRY ROOM
• FULLY EQUIPPED KITCHEN
• RESORT STYLE AMENITIES
• POOL

Property features AI

Finance

• Financial info: Monthly association fee of $336
• HOA & community: HOA with amenities including barbecue area, clubhouse, fitness center, gated community, jogging path, and park; Monthly HOA fee

Exterior

• Parking: Detached garage (1 car)
• Security: Key card entry; Security gate; Fire alarm; Smoke detectors
• Utilities: Electricity connected; Water connected
• Home design: Condominium; Property attached; 3 total stories; Unit entry on 3rd floor
• Construction: Residential property
• Exterior features: Community pool (not private); Fire alarm; Key card entry; Security gate; Smoke detectors

Interior

• Kitchen: Dishwasher; Disposal; Electric oven; Microwave; Refrigerator
• Bedrooms: 2 bedrooms (entry level: 3rd floor)
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Breakfast bar; Ceiling fans; Primary bathroom with tub and shower; Split bedroom layout
• Laundry & utility: In-unit washer and dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $139k.

Deal economics

• At list price, monthly cash flow is $-159 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $111k (20.2% below list).
• Meets the 1% rule at list price ($1k rent vs $139k).
• Recommended offer: $111k (20.2% below list) — sets the bar for cash-flow.
• Cap rate 4.9% vs local median 3.9% in Jacksonville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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; 518 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 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 (-1.6%/yr); year-one equity from $961 of loan paydown is wiped out by about $2k 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 202 days — a 12% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago; this cycle's ask is 9486% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: HOA is 23% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $110,888 (20.2% 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 202 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.06% ✓
• Cap rate: 4.92%
• Cash-on-cash: -4.91%
• DSCR: 0.78
• GRM: 7.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-1.58% appreciation · 0.39% rent growth · sell at horizon

5-year hold

• IRR: -18.1%
• Equity multiple: 0.29×
• Total profit: $-27,714
• Equity at exit: $29,737

10-year hold

• IRR: -15.9%
• Equity multiple: -0.11×
• Total profit: $-43,149
• Equity at exit: $28,079

Cash invested: $38,920 (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 32256

• Home prices YoY: -0.7%
• Rents YoY: 0.4%
• Active inventory: 518
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,473 high
• Mortgage (P&I): −$729
• Tax from tax record: −$200 /mo · $2,399/yr
• Insurance: −$58
• HOA: −$336
• Vacancy / Maint / Mgmt: −$309
• Net cashflow: $-159

Break-even live

Break-even rent $1,674

Max offer price $110,888

Occupancy floor —

Sensitivity live

Price	-10% $-80	-5% $-120	+0% $-159	+5% $-198	+10% $-238
Rent	-10% $-275	-5% $-217	+0% $-159	+5% $-101	+10% $-43
Rate	-1.0pp $-89	-0.5pp $-124	base $-159	+0.5pp $-195	+1.0pp $-232

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7701 Timberlin Park Blvd Jacksonville, FL	2.0–3.0	2.0	1128	$1,250	$1.11	22d	3	0.06mi
7635 Timberlin Park Blvd Jacksonville, FL	1.0–3.0	1.0–2.0	1146	$1,640	$1.43	4d	10	0.24mi
7651 Paradise Island Blvd Jacksonville, FL	1.0–3.0	1.0–2.0	1113	$1,510	$1.36	4d	58	0.40mi
8745 Palm Breeze Rd Jacksonville, FL	1.0–3.0	1.0–2.0	1072	$1,517	$1.41	3d	19	0.52mi
10200 Belle Rive Blvd Jacksonville, FL	1.0–2.0	1.0–2.0	870	$1,499	$1.72	4d	3	0.57mi
10200 Belle Rive Blvd Jacksonville, FL	2.0	2.0	1020	$1,400	$1.37	24d	3	0.57mi
10150 Belle Rive Blvd #1708 Jacksonville, FL	2.0	2.0	1105	$1,650	$1.49	21d	1	0.58mi
9163 Western Way Jacksonville, FL	2.0	2.0	1230	$1,399	$1.14	8d	1	0.60mi
9157 Western Way Jacksonville, FL	2.0	2.0	1230	$1,465	$1.19	11d	1	0.60mi
9151 Western Way Jacksonville, FL	2.0	2.0	1230	$1,455	$1.18	5d	1	0.60mi
9139 Western Way Jacksonville, FL	2.0	2.0	1230	$1,432	$1.16	3d	4	0.60mi
9249 Western Way Jacksonville, FL	2.0	2.0	1230	$1,465	$1.19	15d	1	0.64mi
8700 Southside Blvd Jacksonville, FL	1.0–2.0	1.0–2.0	838	$1,448	$1.73	2d	21	0.70mi
10010 Belle Rive Blvd Jacksonville, FL	1.0–3.0	1.0–2.0	1105	$1,692	$1.53	4d	8	0.76mi
10150 Belle Rive Blvd Jacksonville, FL	2.0	2.0	1105	$1,525	$1.38	4d	2	0.78mi
10023 Belle Rive Blvd Jacksonville, FL	1.0–2.0	1.0–2.0	887	$1,639	$1.85	4d	10	0.83mi
8433 Southside Blvd Jacksonville, FL	1.0–2.0	1.0–2.0	837	$1,648	$1.97	2d	66	1.02mi
10100 Baymeadows Rd Jacksonville, FL	1.0–3.0	1.0–2.0	966	$1,513	$1.57	2d	29	1.09mi
8401 Southside Blvd Jacksonville, FL	1.0–2.0	1.0–2.0	947	$1,622	$1.71	3d	12	1.22mi

HOA detail condo

• Monthly dues: $336 · $4,032/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-21
   days on market $139,000 Active 202 DOM
2. 2026-06-18
   days on market $139,000 Active 199 DOM
3. 2026-06-17
   days on market $139,000 Active 198 DOM
4. 2026-06-16
   days on market $139,000 Active 197 DOM
5. 2026-06-15
   days on market $139,000 Active 196 DOM
6. 2026-06-10
   days on market $139,000 Active 190 DOM
7. 2026-06-08
   days on market $139,000 Active 189 DOM
8. 2026-06-08
   days on market $139,000 Active 188 DOM
9. 2026-06-03
   days on market $139,000 Active 184 DOM
10. 2026-06-02
    days on market $139,000 Active 183 DOM
11. 2026-06-01
    days on market $139,000 Active 182 DOM
12. 2026-05-31
    days on market $139,000 Active 181 DOM
13. 2026-05-20
    price $1,400
14. 2026-05-07
    listed $1,450
15. 2026-03-17
    price $145,000
16. 2025-12-01
    listed $155,000 Active
17. 2023-10-20
    historical $1,350
18. 2023-09-29
    price $1,350
19. 2023-09-22
    price $1,399
20. 2023-09-07
    price $1,400
21. 2023-09-05
    price $1,445
22. 2023-08-23
    price $1,499
23. 2023-08-16
    price $1,525
24. 2023-07-18
    listed $1,550
25. 2006-08-08
    historical 273-char remark

    Show marketing remark (273 chars)

    Beautiful 3rd floor unit, vaulted ceiling , lake and preserve view, one reserved parking space and one detached single car garage, berber carpet and tile, washer and dryer included. Community features pool, firness center,playground , walking trail, and close to shopping.

26. 2006-06-28
    listed $149,500 273-char remark

    Show marketing remark (273 chars)

    Beautiful 3rd floor unit, vaulted ceiling , lake and preserve view, one reserved parking space and one detached single car garage, berber carpet and tile, washer and dryer included. Community features pool, firness center,playground , walking trail, and close to shopping.

ⓘ 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: $2,399 · $200/mo
• Projected year-2 tax: $2,399 · $200/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 ≥108°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 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,675
• − Mortgage interest: −$7,786
• − Property taxes: −$2,399
• − Insurance: −$695
• − Repairs & maintenance: −$1,414
• − Management: −$1,414
• − HOA: −$4,032
• − Depreciation: −$4,044
• Taxable loss: −$4,108
• Est. tax savings @ 24.0%: +$986
• After-tax cash flow: $-924/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): 58,192
• Household income: $73,570
• Rent vs Own: 61.3% rent · 38.7% own
• Severe rent burden: 2706.0

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 0.68)
• Race & ethnicity: White 51% Black 18% Asian 13% Hispanic / Latino 11% Two or more races 10%
• Hispanic origin (detail): Puerto Rican 4% Cuban 1%
• Common ancestry: Italian 4% Lithuanian 2% Romanian 2%
• Foreign-born: 22% · Canada, Jamaica, China
• Languages at home: 73% English-only · Spanish 9% Other Indo-European 6% Other Asian/Pacific 3%

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: ▼ -1.58%
• Current HPI: 216.5115
• Rent YoY: ▲ 0.39%
• 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

-99.1% since first listed

14 events — show timeline

• 2026-05-20 Price Changed $1,400 TENANTTURNER2
• 2026-05-07 Listed for Rent $1,450 TENANTTURNER2
• 2026-03-17 Price Changed $145,000 realMLS
• 2025-12-01 Listed $155,000 realMLS
• 2023-10-20 Rental Removed $1,350 NEFLMLS
• 2023-09-29 Price Changed $1,350 NEFLMLS
• 2023-09-22 Price Changed $1,399 NEFLMLS
• 2023-09-07 Price Changed $1,400 NEFLMLS
• 2023-09-05 Price Changed $1,445 NEFLMLS
• 2023-08-23 Price Changed $1,499 NEFLMLS
• 2023-08-16 Price Changed $1,525 NEFLMLS
• 2023-07-18 Listed for Rent $1,550 NEFLMLS
• 2006-08-08 Listing Removed — realMLS
• 2006-06-28 Listed $149,500 realMLS

Property tax history

+9.3%/yr

Latest (2025): $2,399 · +4.7% YoY. Source: county tax records.