Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$125,000

10961 BURNT MILL Road 814, Jacksonville, FL 32256

Reserve At James Island Lc

Price
$125,000
Beds / Baths
2 / 2
Living area
1,171 sqft
Year built
2001
Type
Condo
Lot
0.02 ac
Garage
1
HOA
$474/mo
CDD
No
Flood zone
Unknown
County
Duval
Days on market
12

Opportunity knocks! This updated, first floor 2 bedroom, 2 bath condo with garage has had some massive water damage, but offers so much potential for the right buyer! AS-IS. Water damage quoted at $65,000.

What to check on this one

  • Get condo milestone inspection / SIRS report from HOA before closing
  • Verify HOA reserves & whether water damage claim was filed/denied
  • Order 4-point inspection; confirm insurer will cover $65k water damage quote
  • Request condo association docs: bylaws, rental restrictions, assessment history
  • Obtain flood zone determination; order elevation certificate if AE/VE
  • Hire licensed contractor to scope water damage; verify mold remediation completed

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

Principal & interest$649/mo
Property tax (1.1% eff., Duval Co.)$115/mo
Homeowners insurance (est.)$292/mo
HOA$474/mo
All-in monthly (est.)$1,530/mo

Loan $100,000 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 REID REAL ESTATE GROUP, LLC. Data via realMLS (Northeast Florida MLS), updated May 8, 2026, 2:00 PM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.