$97,000
7346 EL BARCO Road 4, Jacksonville, FL 32216, Jacksonville, FL 32216
Southbrook Condo
- Price
- $97,000
- Beds / Baths
- 2 / 2
- Living area
- 997 sqft
- Year built
- 1967
- Type
- Condo
- Lot
- —
- Garage
- 0
- HOA
- $500/mo
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 67
$97/sqft asking, vs a $130/sqft median across 141 closed sales in 32216 over the last 12 months — 25% below the area's closed prices. Floor plan and tenant-occupied status at $1,800/month through March 2027 explain the 25% discount; verify actual cash flow against HOA fees and market rent at lease end.
floor condo is currently tenant-occupied at $1,800 per month through March 2027, offering immediate rental income for investors. Recent improvements include updated plumbing (2024) and a new water heater (2026), while the A/C was replaced in 2015. The monthly rent includes electricity, providing added convenience for the current tenant. Residents enjoy access to exceptional community amenities, including two swimming pools, children's pools, a basketball court, a playground, and nearby boat slips and storage. The HOA also includes water and sewer. Ideally located just off Beach Boulevard, you'll be minutes from Southside Boulevard, I-295, shopping, dining, St. Johns Town Center, and Jacksonville's beautiful beaches. Whether you're looking to expand your investment portfolio or secure a property with steady cash flow, this is an opportunity you won't want to miss!
What to check on this one
- Pull condo SIRS report and milestone reserve study—1967 building needs current structural assessment
- Verify flood zone designation and get elevation certificate if in AE/VE
- Request HOA financial statements, meeting minutes, and rental restriction policy for investors
- Confirm tenant lease terms, rent history, and exact move-out date (March 2027)
- Order 4-point inspection; verify roof age and insurance eligibility for 59-year-old structure
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 $77,600 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 UNITED REAL ESTATE GALLERY. Data via realMLS (Northeast Florida MLS), updated Jul 26, 2026, 2:07 AM.
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