$82,500
311 W ASHLEY Street 812, Jacksonville, FL 32202, Jacksonville, FL 32202
Residences At City Place
- Price
- $82,500
- Beds / Baths
- 0 / 1
- Living area
- 425 sqft
- Year built
- 1949
- Type
- Condo
- Lot
- —
- Garage
- 0
- HOA
- $414/mo
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 7
- Elementary
- John E Ford
- Middle
- Matthew Gilbert
- High school
- William M. Raines
Attention Investors! Don't miss this exciting investment opportunity. Located in the heart of Downtown Jacksonville. This Studio condo is the perfect opportunity to start or expand your investment portfolio. Ideally located just a few minutes from EverBank Stadium, popular restaurants, nightlife, entertainment venues, riverwalk and directly across from major downtown employers and ongoing redevelopment projects. This unit has a current tenant with a 1 year lease expiring 02/28/27 and includes a brand new HVAC 06/29/26, stove, refrigerator and is well suited for rental income, student housing, and affordable downtown living. The secure building offers 24-hour controlled access, on-site management, a fitness center, laundry facilities, and a mail room for added convenience. The HOA fee includes building insurance, water, trash service and pest control helping to keep ownership costs manageable. Positioned in an area experiencing continued growth and revitalization.
What to check on this one
- Verify condo SIRS report and milestone inspection status; review reserve study and funding level
- Obtain flood zone designation and elevation certificate; confirm property not in high-risk zone
- Review HOA documents for rental restrictions—confirm investor/short-term rental eligibility
- Inspect lease terms, tenant creditworthiness, and renewal likelihood before closing
- Confirm roof age and insurance eligibility; request 4-point inspection report
- Verify plumbing material (1949 build—cast iron or polybutylene); budget for potential replacement
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 $66,000 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 BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY. Data via realMLS (Northeast Florida MLS), updated Aug 13, 2026, 5:42 PM.
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