About 5315 Colonial Avenue
ASSUMABLE FHA LOAN AT JUST OVER 3% + SELLER FINANCING AVAILABLE. This Jacksonville home offers a creative financing opportunity that can be hard to find in today’s market. Qualified buyers may be able to assume the seller’s existing FHA mortgage with an approximate balance of $128,000 at just over 3% interest, and the seller will consider financing the remaining balance with a second mortgage at 6% over 15 years. For buyers trying to lower their monthly payment, avoid today’s higher traditional mortgage rates, or find a more flexible path to homeownership, this structure may create a major advantage. Built in 2018, this 3-bedroom, 2-bath home is clean, modern, and move-in ready. Inside, you’ll find luxury vinyl plank flooring throughout, fresh interior paint, an open-concept living and dining layout, and a spacious primary suite. The home also features Hardie Plank siding, fresh garage paint, a true two-car garage, and a security system for added peace of mind. Even better, there is NO HOA, giving buyers more flexibility without added monthly association fees. Conveniently located near I-10, NAS Jax, Downtown Jacksonville, shopping, dining, and major commuter routes, this home checks the boxes for first-time buyers, military buyers, FHA-qualified buyers, and anyone looking for a smarter way to buy in today’s market. Modern construction, no HOA, a two-car garage, and a rare assumable loan plus seller-financing option — this is more than a home. It is a financing opportunity worth looking at closely.
Features of 5315 Colonial Avenue
| MLS® # | GC540593 |
|---|---|
| Price | $235,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,196 |
| Acres | 0.16 |
| Year Built | 2018 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Craftsman |
| Status | Pending |
Listing Details
| Office | KELLER WILLIAMS GAINESVILLE REALTY PARTNERS |
|---|
Listing Map
Neighborhood Information for 5315 Colonial Avenue
Nearby Military Facility(ies), Stable Population, Moderate Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Lake Shore Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Hyde Park Elementary School Public - 3Rd Grade to 6Th Grade - Closest Elementry School |
1 Miles | |
|
|
Saint Matthews Catholic School Catholic - Preschool to 8Th Grade |
1 Miles | |
|
|
Stonewall Jackson Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Millennial Christian School Private - Kindergarten to 12Th Grade - Closest High School |
1 Miles | |
|
|
Bayview Elementary School Public - Preschool to 6Th Grade |
1 Miles | |
|
|
Hyde Grove Elementary School Public - Preschool to 2Nd Grade |
1 Miles |
School data provided by GreatSchools