$82,000
311 W ASHLEY Street 806, Jacksonville, FL 32202, Jacksonville, FL 32202
Residences At City Place
- Price
- $82,000
- Beds / Baths
- 1 / 1
- Living area
- 456 sqft
- Year built
- 1949
- Type
- Condo
- Lot
- —
- Garage
- 0
- HOA
- $441/mo
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 95
$180/sqft asking, vs a $194/sqft median across 53 closed sales in 32202 over the last 12 months — 7% below the area's closed prices. Condition and lot vary; that's what a showing is for.
IINVESTOR SPECIAL! Cash-flow opportunity in the heart of Downtown Jacksonville. This affordable 1-bedroom, 1-bath condo offers strong rental demand with rental income potential of up to $1,200 per month. Located just minutes from EverBank Stadium, the Jacksonville Riverwalk, restaurants, bars, entertainment venues, and major downtown employers. The secure building features on-site management and is positioned in an area benefiting from ongoing redevelopment and growth. An excellent addition to any investment portfolio with attractive income potential and a prime downtown location.
What to check on this one
- Verify condo SIRS report and milestone funding status—1949 building likely flagged.
- Obtain 4-point inspection; confirm roof age and insurance carrier willingness.
- Review HOA docs for rental restrictions—$441/mo is baseline, check special assessments.
- Confirm actual flood zone; obtain elevation certificate if AE/VE.
- Verify plumbing material (cast-iron likely)—replacement costs material on $82k price.
- Pull last 3 years rental history and lease terms to validate $1,200/mo claim.
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 $65,600 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 VIRTUALTY REAL ESTATE. Data via realMLS (Northeast Florida MLS), updated Aug 19, 2026, 5:04 PM.
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