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

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$119,000

5463 LEAMING Avenue, Jacksonville, FL 32254, Jacksonville, FL 32254

Edgewood

Price
$119,000
Beds / Baths
2 / 1
Living area
874 sqft
Year built
1950
Type
Residential
Lot
0.37 ac
Garage
2
HOA
None
CDD
No
Flood zone
Unknown
County
Duval
Days on market
23

BACK ON MARKET! Great opportunity for the next investor. Bring your highest and best! Prime corner parcel offering exceptional redevelopment and value-add potential. As per Jacksonville Planning & Development Department, the property is zoned RMD-A and has the potential to be divided into three (3) buildable single-family lots. Buyers must independently verify all zoning, subdivision, permitting, utility availability, and development requirements with the appropriate governmental agencies. The existing concrete block home is currently tenant-occupied and rented by individual rooms on a weekly basis. In addition, a separate 2-car garage, also made of concrete block, sits adjacent. The property requires substantial renovation and is best suited for experienced investors, builders, or developers. Cash only, sold as is.

What to check on this one

  • Verify flood zone with FEMA; obtain elevation certificate if in AE/VE.
  • Roof age unknown—order 4-point inspection; confirm insurer eligibility at 76 years.
  • Confirm RMD-A zoning, lot division feasibility, utilities, permitting with Jacksonville Planning & Development.
  • Review current tenant lease terms, weekly rental compliance, and eviction timeline.
  • Hire structural engineer; assess concrete block, foundation, HVAC, plumbing (likely pre-1975).
  • Verify cash-only requirement with lender; confirm 'as-is' sale excludes seller repairs.

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$617/mo
Property tax (1.1% eff., Duval Co.)$109/mo
Homeowners insurance (est.)$292/mo
All-in monthly (est.)$1,018/mo

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 FLORIDA HOMES REALTY & MTG LLC. Data via realMLS (Northeast Florida MLS), updated Aug 27, 2026, 10:30 PM.

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