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$429,900   Price Analysis
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5509 Playa Way
Jacksonville, FL 32211
7 bed 5 bath 3,472 SqFt ($123/SqFt)
9,148SqFt lot. Built 1965
Listed 2024-03-25, Taxes $4,626
Ⓧ USDA Ineligible
due to location

near Jacksonville

Investment Property with long-term tennts in Arlington.

Triplex is earning an annual rent of $46 .2K with a 7.63% cap rate. 1/1 is 560 sf, 2 x 3/2 are 1456 sf each.

All units updated in the past 2 years. Please see private remarks in regards to showings


Presented by Lynne Powers at
RED OAK INVESTMENT REALTY, LLC.


Property MLS #2016016 from realMLS

Bedrooms: 7
Bedroom 1 Sqft: 1456
Bedroom 2 Sqft: 1456
Bedroom 3 Sqft: 560

Total Bathrooms: 5
Full Bathrooms: 5

Electric Oven
Electric Water Heater
Refrigerator

Cooling Features: Central Air, Electric
Heating Features: Central, Electric
Heating: Yes

Few Trees
Lot Size Acres: 0.21
Lot Size Square Feet: 9148

Road Frontage Type: City Street
Road Surface Type: Asphalt

Garage Spaces: 2
Parking Features: Garage, Off Street

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Unit-2 Description: Lease in place
Unit-3 Description: Lease in place
Unit-3 Furnished Description: Unfurnished
Unit-4 Furnished Description: Unfurnished
Unit-5 Furnished Description: Unfurnished
Unit 1 Total Actual Rent: 1425
Unit 2 Total Actual Rent: 1475
Unit 3 Total Actual Rent: 950

Annual Tax Amount: 5219
Source Listing Status: Active
County: Duval
Current Use: Residential
Directions: From Arlington Expressway go north on University Blvd N. Turn left onto Playa Way. Property is on the right. No sign on the property.
Tax Year: 2023
Source Property Type: Residential Income
Area: 041-Arlington
MLS Area Minor: 041-Arlington
Source Neighborhood: Arlington
Parcel Number: 129322-0000
Subdivision: Arlington
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$218,738 + $21,000
$239,738
$4,626
2021$162,586 + $21,000
$183,586
$3,756
2020$156,598 + $21,000
$177,598
$3,670
2019$148,795 + $21,000
$169,795
$3,577
2018$138,975 + $21,000
$159,975
$3,426
2017$128,849 + $21,000
$149,849
$3,275
2016$116,001 + $21,000
$137,001
$3,086
2015$108,904 + $21,000
$129,904
$2,997
2014$unknown + $unknown
$131,874
$3,062
2013$unknown + $unknown
$125,872
$2,959
2012$unknown + $unknown
$137,507
$3,018
2011$unknown + $unknown
$144,818
$3,143
2010$unknown + $unknown
$172,334
$3,495
2009$unknown + $unknown
$181,324
$3,137
2008$unknown + $unknown
$206,138
$3,400
2007$unknown + $unknown
$199,395
$3,327

Price Changed 2024-07-06
$429,900
realMLS
Price Changed 2024-05-02
$449,900
realMLS
Listed 2024-03-25
$499,900
realMLS
Listing removed 2024-03-11
$1,425
StellarMLS
Price Changed for rent 2024-01-17
$1,425
StellarMLS
Price Changed for rent 2023-11-22
$1,449
StellarMLS
Listed for rent 2023-10-20
$1,499
StellarMLS
Listing removed 2022-05-18
$1,350
StellarMLS
Listed for rent 2022-04-07
$1,350
StellarMLS
Listing removed 2022-02-17
$1,499
StellarMLS
Listing removed 2022-02-10
$0
StellarMLS
Price Changed for rent 2022-02-04
$1,499
StellarMLS
Price Changed for rent 2022-02-03
$1,450
StellarMLS
Price Changed for rent 2022-01-13
$1,350
StellarMLS
Price Changed for rent 2021-12-08
$1,400
StellarMLS
Price Changed for rent 2021-11-17
$1,499
StellarMLS
Sold 2021-11-03
$273,500
Public Record
Listed for rent 2021-10-28
$1,550
StellarMLS
Listing removed 2020-12-13
$275,000
realMLS
Sold 2005-09-29
$194,900
realMLS
Listed 2005-06-13
$194,900
realMLS
Sold 2001-05-29
$126,500
Public Record
Sold 1998-08-31
$114,000
Public Record

Total Square Feet Living: 3472
Year Built: 1965
Building Exterior Type: Wood Siding
Construction Materials: Wood Siding
Levels: Two
Living Area Source: Public Records
Property Age: 59
Roof: Shingle
Levels or Stories: 2
Building Total Stories: 2

Sewer: Public Sewer
Electricity Connected
Sewer Connected
Water Connected
Water Source: Public

Arlington Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Terry Parker High School is a public high school located approximately 2 miles away.
directions icon Map directions

Arlington Middle School is a public middle school located approximately 2.2 miles away.
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Arlington Kindergarten is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.