11 days on rocket

5838 Yellow Pine Ct, Jacksonville, FL, 32277

$505,000

Home List Price

$5,997*

Closing Credit

8 Bedrooms
4 Full Baths
3,024 SqFt
$167/SqFt
Multi

Location

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5838 Yellow Pine Ct, Jacksonville$505,000

Buyer Closing Credits

$5,997*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingUnassigned
Year Built1963
HeatingCentral, Heat Pump
CoolingCentral Air
MLS #2058782
Lot Size0.14 Acres
StatusActive

About 5838 Yellow Pine Ct

🏡 Prime Investment Opportunity: Fully Renovated 8-Bedroom Multifamily Property Near Jacksonville University! 🏡 Are you on the hunt for an exceptional investment property in the fast-growing market of Jacksonville, FL? Look no further! This recently renovated 8-bedroom, 4-bath multifamily home is the perfect addition to your real estate portfolio. Located in close proximity to Jacksonville University (JU), this property offers immense potential for consistent rental income and strong returns. 🌟 Key Investment Highlights: ✅ 8 bedrooms and 4 bathrooms: With four individual 2-Bedroom / 1-Bath apartments, this property maximizes your rental income potential, ensuring a steady cash flow. ✅ Fully Renovated: Recent updated mean minimal maintenance costs and immediate rental-ready status. Start earning from day one with this turn-key investment!  Main Sewer plumbing was just replaced from the clean outs to the city sewer saving all future buyers almost $20,000 on a sewer replacement.  Proximity to Jacksonville University: Take advantage of the inevitable expansion of JU and the strong future upside in equity.  Kitchen with Granite Countertops: A modern kitchen with granite countertops, white wooden kitchen cabinets with dovetail drawers, and tile backsplash not only attracts tenants but also increases the property's overall value.  New White Vinyl Fencing: Enhanced security and curb appeal with brand-new professionally installed white vinyl fencing that fully encloses the property.  Ample Parking: With seven parking spaces on-site and located on a private road, you'll never worry about tenant parking issues.  New Roofing & Tree Removal: Enjoy peace of mind with a newly installed roof and removal of large trees overhanging the building, reducing short and long-term maintenance costs.  New AC Units: Tenant comfort and energy efficiency are prioritized with brand-new AC units.  GE Stainless Steel Appliances: The addition of stainless steel appliances not only elevates the property's appeal but also enhances its durability.  Updated Plumbing and Electrical: Ensure smooth operations and reduced maintenance hassles with updated plumbing and electrical systems. Photos taken before tenants moved in.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2
  • Living Area: 3,024 SqFt

Listing Office:

  • Office Name: LEGACY REALTY GROUP LLC
  • Listing Agent: BRIAN ALTERMAN

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Flooring Type: Tile, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Unassigned

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: W on Merrill Rd. Right on Justina Rd. Right on Yellow Pine Ct. Go through cul d' sac at end, past the apartments on left, and it is the 2nd building on right (at dead end).

Price Information

Listing Price Info

Price Summary:

  • List Price: $505,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $2,475
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jacksonville, FL.

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Jacksonville, FL

City

Med. Sold Price

$307.1K

Med. Price/SqFt

$188

Avg. Days On Market

61

# of Sold Homes

682

5838 Yellow Pine Ct vs Jacksonville

11 DAYS ON ROCKET

-50 Days

$505,000

+$197.8K More

$167/SqFt

-$22 Less

KEY TAKEAWAY

This property is $197.8K more than the Median Sold Price and $22/SqFt less than other homes in Jacksonville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: realMLS (Northeast Florida Multiple Listing Service)
  • MLS Number: #2058782

Listing Office:

  • Office Name: LEGACY REALTY GROUP LLC
  • Listing Agent: BRIAN ALTERMAN

Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,475$99,405
2019$2,413$94,517
2018$2,325$88,836
2017$2,232$82,677

History based on county public records data.

Payment Calculator

$2,588

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,581

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1715422
5
/10

  • Lake Lucina Elementary School

  • 6527 Merrill Rd

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-1715423
4
/10

  • Arlington Heights Elementary School

  • 1520 Sprinkle Dr

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-1715424
3
/10

  • Fort Caroline Elementary School

  • 3925 Athore Dr

  • 1.24 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,375. Typical income of Jacksonville, FL residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Duval County›Jacksonville›32277›5838 Yellow Pine Ct

This home is located at 5838 Yellow Pine Ct in Jacksonville, FL and zip code 32277 in the Greater Arlington neighborhood. This 3,024 square foot home, which was built in 1963, sits on a 0.14 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $505,000.

Over 92 listings were sold over their listed price in November 2024 in Jacksonville, FL. In the same period over 424 listings were sold below the listed price and 166 listings were sold for the listed price. Between October 2024 and November 2024, Jacksonville, FL real estate market has seen increase in the number of listings by 2.6%. Listings spent 61 days on the market in November 2024, and had a median list price of $307,139 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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