$264,900
3741 N RIDE Drive, Jacksonville, FL 32223, Jacksonville, FL 32223
Mandarin Lakes
- Price
- $264,900
- Beds / Baths
- 3 / 2
- Living area
- 1,644 sqft
- Year built
- 1976
- Type
- Residential
- Lot
- 0.25 ac
- Garage
- 2
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Duval
- Days on market
- 19
$161/sqft asking, vs a $210/sqft median across 649 closed sales in 32223 over the last 12 months — 23% below the area's closed prices. Property needs significant repairs and is sold as-is; priced 23% below area median to reflect renovation costs and investor-focused cash sale terms.
REDUCED!!! INVESTOR ALERT! PRIME MANDARIN LAKES OPPORTUNITY! GREAT LOCATION! This 3BR, 2-BTH Mandarin Lakes fixer w/ 2-car garage and may offer an excellent opportunity for investors, landlords, or owner-occupants looking to add value. Currently rented for $1,950/month on a month-to-month basis, the property can be purchased with or without the current tenant in place. Whether you're looking for a buy-fix-sell project, an addition to your rental portfolio, or a home where you can build equity through improvements, this property offers plenty of potential. The property is being sold AS-IS, with the Seller making no repairs. The Corporate Seller has an equitable interest in the property and is seeking a cash or hard-money transaction. Please conduct property walkthrough before offer submission. Seller is not interested in sight-unseen or blind offers. Bring your vision, your contractor, and your investment strategy--this could be an opportunity to create significant value!
What to check on this one
- Confirm flood zone designation and obtain elevation certificate if AE/VE.
- Verify roof age and condition; NE Florida insurers often refuse coverage past 15–20 years.
- Order 4-point inspection (roof, HVAC, plumbing, electrical) for 1976-built home.
- Inspect plumbing material—cast iron or polybutylene common in 1976; costly to replace.
- Get current tenant lease terms in writing; verify $1,950/month rent and month-to-month status.
- Confirm property is sold AS-IS; document all defects found during walkthrough before offer.
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 $211,920 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 AMERICAN REAL ESTATE SOLUTIONS LLC. Data via realMLS (Northeast Florida MLS), updated Aug 27, 2026, 5:30 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.