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

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$86,990

2837 LIPPIA Road, Jacksonville, FL 32209

Magnolia Gardens

Price
$86,990
Beds / Baths
3 / 2
Living area
1,048 sqft
Year built
1957
Type
Residential
Lot
0.17 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Duval
Days on market
61

INVESTORS, FLIPPERS and home buyers who enjoy renovating a home using YOUR vision! This 3-bedroom, 1.5 bath concrete block home needs extra TLC but offers great potential! Home is being sold AS-IS. CASH ONLY. SELLER WILL MAKE NO REPAIRS. No assignments. No blind offers.

What to check on this one

  • Verify roof age and condition; expect 4-point inspection requirement for insurance.
  • Order flood zone determination from FEMA; confirm elevation certificate if needed.
  • Inspect plumbing for polybutylene or cast-iron; budget for potential replacement.
  • Get structural engineer assessment; concrete block homes 69 years old need thorough review.
  • Confirm cash funding source and closing timeline; seller requires no contingencies.

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$451/mo
Property tax (1.1% eff., Duval Co.)$80/mo
Homeowners insurance (est.)$292/mo
All-in monthly (est.)$823/mo

Loan $69,592 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 FLORIDA HOMES REALTY & MTG LLC. Data via realMLS (Northeast Florida MLS), updated Aug 26, 2026, 9:07 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.