$119,000
1122 E 1ST Street, Jacksonville, FL 32206, Jacksonville, FL 32206
Eastside
- Price
- $119,000
- Beds / Baths
- 4 / 1
- Living area
- 1,448 sqft
- Year built
- 1914
- Type
- Residential
- Lot
- 0.12 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 36
$82/sqft asking, vs a $127/sqft median across 329 closed sales in 32206 over the last 12 months — 35% below the area's closed prices. New roof and updated systems position this as a rental or redevelopment opportunity, though pricing sits 35% below comparable sales—confirm condition and marketability before purchase.
Prime Investment Opportunity in Jacksonville's Fastest-Growing Corridor! Positioned in the heart of one of Jacksonville's most exciting redevelopment areas, this 4-bedroom, 1-bath home offers investors an incredible opportunity to capitalize on the over $4 billion in ongoing development transforming the surrounding area. The home features a new roof October '22, a//c unit '18, upgraded electrical panel, and updated plumbing. Whether you're looking to expand your rental portfolio or explore the growing short-term rental market, this property offers outstanding potential. Location is everything! Situated directly across from Philip Randolph Park, with an additional public parking lot conveniently located across the street, and just approximately one mile from EverBank Stadium, home of the Jacksonville Jaguars, this property is ideally positioned to benefit from sporting events, concerts, festivals, and the continued revitalization of Downtown Jacksonville. With strong appreciation potential, proximity to major attractions, and improvements already completed, this property is an excellent opportunity for investors seeking long-term growth, cash flow, or a potential short-term rental in one of Jacksonville's emerging investment corridors. This property is not available for shortsale. We will not accept any offers sight unseen. This property cannot be purchased via conventional financing. Cash or hard money only
What to check on this one
- Verify new roof installation date (October '22) and obtain roofing warranty documentation.
- Confirm A/C unit age '18 and get maintenance/service records for last 5+ years.
- Pull title and verify no liens, code violations, or code enforcement history on property.
- Check flood zone designation via FEMA map; obtain elevation certificate if in AE/VE.
- Review plumbing and electrical upgrades—scope, permits, inspection sign-offs.
- Verify short-term rental eligibility with Duval County; confirm zoning allows it.
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 $95,200 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 MAXREV, LLC. Data via realMLS (Northeast Florida MLS), updated Jul 29, 2026, 2:41 PM.
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