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Jacksonville 32218 Oceanway
12355 CHERRY BLUFF Drive
$325,000
● House - Off Market

12355 CHERRY BLUFF Drive

Jacksonville, FL 32218
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,866 Ft²
$1,631
Est. Monthly
$34
HOA / Fees
6.15%
Cap Rate

About This Property

Looking for a spacious home in a quiet neighborhood? Are you ready for a change but want to avoid the overpriced properties of Saint Johns or Ponte Vedra? This home is for you! The open floorplan offers plenty of room to make your vision a reality! The home consists of 3 bedrooms, 2 full baths & a formal dining room. Master Bedroom offers a walk in closet with additional shelves already built in! Enjoy the open concept kitchen/living space with quartz counter tops, walk-in pantry, and an expansive kitchen island that overlooks the family room. The screened lanai overlooks a pond, allowing owners to privately enjoy beautiful sunsets with a good book or glass of wine. Priced to sell **MOTIVATED BUYER**
Unit Size
1,866 Ft²
Days on Market
53 days
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
$34
Year Built
2019

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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: 7 months ago (Real MLS #2024004)

Price History

Date / Event Date Event Price
Jun 27, 2024 Sold
Premium
Sold
Jun 4, 2024 In contract -
In contract
May 20, 2024 Price Decreased $325,000
↓ $15K (4.4%)
Price Decreased
May 5, 2024 Listed by HERRON REAL ESTATE LLC $340,000
Listed by HERRON REAL ESTATE LLC
Nov 15, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,751
  • Total Building Area: 2,544
  • Gross Building Area: 2,544
  • Building Area: 1,866
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,866
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY LAKES
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 71-186 34-1N-27E CHERRY LAKES LOT 49

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 010104

Zoning

  • Zoning: RLD-50

Geography

  • Assessors Map Reference: 7234
  • Parcel: 106524-0420
  • Lot: 49
  • Meridian: SEC 34 TWN 01N RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.4598
  • Longitude: -81.5911

    Address

  • Full Address: 12355 Cherry Bluff Dr
  • Address - House Number: 12355
  • Address - Street Name: Cherry Bluff
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: R012
  • 4-Digit Zip Code: 2269
  • Zip Code: 32218

Valuation

    Tax

  • Total Area: 2,153
  • Tax Year: 2022
  • Tax Amount: $299,133
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 357,754
  • High Value: 432,046
  • Low Value: 283,463

    Market Valuation

  • Market Total Value: $273,991
  • Market Land Value: $60,000
  • Market Improvement Value: $213,991

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $210,660

    Exemptions

  • Veteran Exemption: Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019269533
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 Northside

Stats & Trends

Median Asking:

$329,990

Sale Price/ft²

$176

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1997 ft²

Average Home Age

17.6 years

Currently For Sale

781 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 833 Observatory Parkway, Jacksonville, FL, 32218

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,492 ft²
833 Observatory Parkway, Jacksonville, FL, 32218 Listing by Jeffrey Boyer
Unit for rent at 853 Observatory Parkway, Jacksonville, FL, 32218

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,492 ft²
853 Observatory Parkway, Jacksonville, FL, 32218 Listing by Jeffrey Boyer

Rentals Near You

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

Listed by: DERRICK LAMONT ALLEN JR, HERRON REAL ESTATE LLC
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 2024004
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 12355 Cherry Bluff Drive built and last sold?
The property at 12355 Cherry Bluff Drive was built in 2019 and last sold on Nov 15, 2019 for $231,500.
How much is this home worth?
The estimated value of the home located at 12355 Cherry Bluff Drive is $328,574.
What are some comparable homes to 12355 Cherry Bluff Drive?
There are currently no comparable homes to 12355 Cherry Bluff Drive.
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