$109,700
5201 ATLANTIC Boulevard 48, Jacksonville, FL 32207, Jacksonville, FL 32207
Colonial Point Condo
- Price
- $109,700
- Beds / Baths
- 2 / 2
- Living area
- 1,130 sqft
- Year built
- 1971
- Type
- Condo
- Lot
- 0.01 ac
- Garage
- 0
- HOA
- $421/mo
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 290
$97/sqft asking, vs a $142/sqft median across 111 closed sales in 32207 over the last 12 months — 31% below the area's closed prices. Unit priced 31% below area median; compare condition, updates, and HOA fees ($/month) to recent riverfront sales to understand the discount.
Welcome home to your Second story condo with courtyard view! This 2 bedroom 2 bath, 1130 sq ft condominium is located in a well maintained riverfront complex with BOAT DOCK! Amenities include 2 POOLS, concierge trash service, community dock with deep water access, FREE BOAT SLIP when available(rules apply), kayak storage. Active social committee with monthly food truck, meet ups and seasonal events. Unit is just a short walk to pool and laundry. (Ask us how to install w/d in your own unit!) Condo fees cover: Water, Sewer, Trash pickup, Roof maintenance, Landscaping, and Exterior building maintenance. This Jacksonville location can't be beat! 10 minutes to San Marco, the Southbank Riverwalk, downtown and Riverside, 5 minutes to Hart Bridge, easy access to all major highways.
What to check on this one
- Pull condo milestone inspection report and SIRS status—1971 unit needs structural review.
- Obtain last 3 years HOA meeting minutes and financial statements; verify $421/mo sustainability.
- Request flood zone map and elevation certificate; riverfront location requires AE/VE confirmation.
- Confirm roof age, last replacement date, and current insurance eligibility in NE Florida.
- Review condo bylaws for plumbing material (cast-iron likely; replacement cost/liability rules matter).
- Get boat slip/dock lease terms in writing; verify what 'rules apply' means for access.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $87,760 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of WATSON REALTY CORP. Data via realMLS (Northeast Florida MLS), updated Jul 14, 2026, 8:54 PM.
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