About 536 Sapelo Road
Under contract-accepting backup offers. MULTIPLE OFFERS - HIGHEST AND BEST REQUIRED • This 1949 block-built investment opportunity features three bedrooms, 1.5 bathrooms, and a private pool on a large lot—priced below market value due to needed rehabilitation. Situated just east of downtown Jacksonville across the St. Johns River, the property offers substantial upside potential in a high-accessibility location near major highways and the University of North Florida. Investment Highlights - Below-Market Entry Point: Priced to reflect required updates and repairs, offering immediate equity potential post-renovation. Durable Construction: Block structure provides long-term stability; roof replaced in 2018. • Mechanicals: HVAC system installed in 2014; air handler currently non-functional—budget for repair or replacement. Deferred Maintenance: Full interior modernization opportunity—kitchen, bathrooms, flooring, and electrical/plumbing systems can be upgraded to current standards. Exterior & Site: Block damage at the rear requires tuckpointing or section repair; large lot allows for expansion, accessory dwelling unit (ADU), or landscape redesign. Pool: An existing pool adds value for rental appeal or future resale—inspect the equipment condition and code compliance. Location & Market Advantages: Minutes from downtown Jacksonville and UNF—strong demand for rental housing from students, professionals, and medical personnel. Easy access to I-10, I-95, and US-17 enhances commuter appeal. The area shows steady appreciation amid increasing redevelopment activity—ideal for a value-add strategy. Recommended Strategy - Perform a complete renovation to modernize interiors and repair structural elements. Target long-term rental, short-term rental (if zoning permits), or resale after rehab. Leverage low acquisition cost to maximize ROI with disciplined renovation budgeting.
Features of 536 Sapelo Road
| MLS® # | T3529408 |
|---|---|
| Price | $165,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,530 |
| Acres | 0.22 |
| Year Built | 1949 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Pending |
Listing Details
| Office | ANCHOR FLORIDA REALTY LLC |
|---|
Listing Map
Neighborhood Information for 536 Sapelo Road
Moderate Residential Turnover
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Number of Listings
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Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Holiday Hill Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
0 Miles | |
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Happy Acres Ranch Private - Preschool to Preschool |
0 Miles | |
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Bridgeprep Academy Duval County Public - Kindergarten to 8Th Grade |
1 Miles | |
|
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Crossroads Christian School - Arlington Private - Kindergarten to 12Th Grade |
1 Miles | |
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Love Grove Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
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Duval Charter Scholars Academy Public - Kindergarten to 8Th Grade |
1 Miles | |
|
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Hogan-Spring Glen Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools