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

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$650,000

5452 PLAYA Way, Jacksonville, FL 32211, Jacksonville, FL 32211

Monterey

Price
$650,000
Beds / Baths
8 / 4
Living area
4,040 sqft
Year built
1957
Type
MultiFamily
Lot
0.22 ac
Garage
0
HOA
None
CDD
No
Flood zone
Unknown
County
Duval
Days on market
49

Qualified Buyers can receive up to $7500 toward closing cost or rate buy down with our preferred lender. 4-unit investment opportunity in the heart of Arlington, just minutes from Jacksonville University, downtown Jacksonville, and the beaches. 3 of 4 units are currently leased, delivering instant cash flow from day one--or move into the vacant unit and let your tenants help cover the mortgage. All units have been updated with new flooring, updated countertops, and newer appliances, giving tenants a fresh, modern feel while keeping maintenance costs low. Each unit offers a comfortable 2-bedroom, 1-bathroom layout with in-unit washer/dryer hookups. Walking distance to the Town & Country Shopping Center and a major bus line adds strong appeal for tenants who value convenience. A rare chance for an owner-occupant to house-hack their mortgage. 4 point on file and 2025 appraisal.

What to check on this one

  • Verify 4-point inspection details: roof condition, electrical, plumbing, HVAC age and remaining life.
  • Confirm flood zone officially; request elevation certificate if AE/VE to assess insurance/lender requirements.
  • Review all 3 lease agreements: terms, rent amounts, tenant move-out dates, maintenance obligations.
  • Inspect polybutylene/cast-iron plumbing risk (1957 build); get licensed plumber assessment if present.
  • Confirm roof age and condition; NE Florida insurers often deny policies on roofs past 15-20 years.
  • Validate 4-point on file; confirm wind-mitigation inspection completed for potential insurance discount eligibility.

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$3,373/mo
Property tax (1.1% eff., Duval Co.)$596/mo
Homeowners insurance (est.)$379/mo
All-in monthly (est.)$4,348/mo

Loan $520,000 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 COLDWELL BANKER ANABASIS REALTY. Data via realMLS (Northeast Florida MLS), updated Jul 24, 2026, 2:17 AM.

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.