Launch kayaks, enjoy the view & build your own dream home on this almost 1/2 acre on Ribault River. Well is present & city is coming in with new sewer lines. Pool overlooks the marsh & needs repair but could save you $$$ vs having to start from scratch on pool construction. Buyer to verity & do their own diligence. 100'Front /0.46 Acres, Zoning: RLD-60 Waterfront. Seller asked for the following info to be posted:2 sides of Property on the marsh. depth of Ribault River is 8' at center. Requires a DEP Certificate to build a dock.
Property Details
Property Features
Listing Office:
Office Name: AMERICAN REALTY AND MANAGEMENT
Office Phone: (904) 355-8883
Listing Agent: THERESA BRUNKE
Exterior Features
Exterior Information:
Private Pool: Yes
Lot Features
Lot Information:
Lot: Dead End Street, Wetlands
Lot Size: 0.46 Acres
Other
Directions Information:
Directions: From Lem Turner turn east on Prospect and right on Madison Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
Tax Information:
Annual Amount: $1,821
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Jacksonville, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$691
Per Month
Principal & Interest
$624
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$441
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Henry F. Kite Elementary School
9430 Lem Turner Rd
Distance between this listing and this school1.02 miles
Public Magnet Grades KG-5
3
/10
Sallye B. Mathis Elementary School
3501 Winton Dr
Distance between this listing and this school1.58 miles
Public Magnet Grades PK-5
3
/10
Seaside Charter North Campus
1429 Broward Rd
Distance between this listing and this school1.62 miles
Public Charter Grades KG-3
Nearby Schools
3
/10
Jean Ribault Middle School
3610 Ribault Scenic Dr
Distance between this listing and this school1.82 miles
Public Magnet Grades 6-8
4
/10
Highlands Middle School
10913 Pine Estates Rd E
Distance between this listing and this school2.41 miles
Public Magnet Grades 6-8
3
/10
Somerset Academy-Middle Eagle Campus
2100 Dunn Ave
Distance between this listing and this school2.66 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Jean Ribault High School
3701 Winton Dr
Distance between this listing and this school1.72 miles
Public Magnet Grades 9-12
3
/10
William M. Raines High School
3663 Raines Ave
Distance between this listing and this school2.11 miles
Public Magnet Grades 9-12
2
/10
A. Philip Randolph Academies
1157 Golfair Blvd
Distance between this listing and this school2.19 miles
The neighbors living near this home have an average income of $52,662. Most Jacksonville, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8647 Madison Ave
What is the listing price of this property?
The listing price of 8647 Madison Ave property is $125,000.
What type of property is this?
The property 8647 Madison Ave is land located in Jacksonville, Florida, 32208.
Is this property for sale now?
Active Listing: 8647 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,821 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8647 Madison Ave in Jacksonville, FL and zip code 32208 in the Riverview neighborhood. This home sits on a 0.46 acre lot. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $125,000.
In October 2024 more than 98 listings in Jacksonville, FL were sold above the asking price. During the same period more than 218 listings were sold at asking price, while more than 464 were sold below. The inventory of homes for sale in Jacksonville, FL between September 2024 and October 2024 increased by 5.9%. In October 2024 median list price was $308,163 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.