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Jacksonville 32216 Glynlea-Grove Park
1062 BIMINI
$214,000
● House - Off Market

1062 BIMINI

Jacksonville, FL 32216
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,522 Ft²
$501,998
RealtyHop Estimate
118.74%
Since Feb 1, 2004
National-US
Primary Model

About This Property

POOL HOME IN MUCH SOUGHT AFTER GROVE PARK.  4/3 RECENTLY REPLUMBED & PAINTED.  FORMAL LIVING RM, DINING RM & FAMILY RM WITH BRICK FIREPLACE. MOTHER-IN-LAW SUITE WITH BATH.  KITCHEN WITH SEPARATE BREAKFAST ROOM. READY FOR MOVE IN.  **BUYER TO VERIFY SQ. FT.**
Unit Size
2,522 Ft²
Days on Market
-
Land Size
-
Price per sqft
$91
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Real MLS #187592)

Price History

Date / Event Date Event Price
Oct 22, 2013 Sold
Premium
Sold
Mar 28, 2013 Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY $177,500
Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Jan 28, 2004 Sold
Premium
Sold
Dec 10, 2003 Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY $229,500
Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,661
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,140
  • Gross Building Area: 3,140
  • Building Area: 2,578
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,578
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROVE PARK UNIT 04
  • Land Acres: 0000000268
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 33-5 52-2S-27E GROVE PARK UNIT FOUR LOT 5 BLK 18

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 015804

Zoning

  • Zoning: RLD-90

Geography

  • Assessors Map Reference: 7427
  • Parcel: 140529-0000
  • Block: 18
  • Lot: 5
  • Meridian: SEC 52 TWN 02S RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.2989
  • Longitude: -81.5796

    Address

  • Full Address: 1062 Bimini Rd
  • Legal Unit: 4
  • Address - House Number: 1062
  • Address - Street Name: Bimini
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C032
  • 4-Digit Zip Code: 3218
  • Zip Code: 32216

Valuation

    Tax

  • Total Area: 2,848
  • Tax Year: 2022
  • Tax Amount: $250,995
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2605
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 429,739
  • High Value: 541,704
  • Low Value: 317,775

    Market Valuation

  • Market Total Value: $262,652
  • Market Land Value: $67,500
  • Market Improvement Value: $195,152

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $175,133

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2013
  • Current Sale Recording Date: Oct 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2013270390
  • Previous Sale Recording Date: Mar 05, 2013
  • Previous Sale Contract Date: Mar 05, 2013
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greater Arlington

Stats & Trends

Median Asking:

$334,500

Sale Price/ft²

$207

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1762 ft²

Average Home Age

41.4 years

Currently For Sale

575 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6713 Provost Road N, Jacksonville, FL, 32216

$1,999 /mo

  • 3 Beds
  • 2 Baths
  • 1,620 ft²
6713 Provost Road N, Jacksonville, FL, 32216 Listing by GAIL LONG

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: ABEER BATEH, BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 187592
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1062 Bimini Road built and last sold?
The property at 1062 Bimini Road was built in 1964 and last sold on Sep 25, 2013 for $180,000.
How much is this home worth?
The estimated value of the home located at 1062 Bimini Road is $0.
What are some comparable homes to 1062 Bimini Road?
There are currently no comparable homes to 1062 Bimini Road.
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