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1960 MORNINGSIDE Street
About This Property
Just under 3,000 square feet, the main residence blends the character and craftsmanship of its era with a thoughtful, extensive renovation completed in recent years. The reimagined floor plan creates a more open and connected way of living, while beautifully remodeled kitchen and baths bring a level of luxury and functionality suited to modern life.
The home offers three bedrooms plus a dedicated office, two full baths and a powder room, with gracious living spaces that retain the warmth and architectural character that make historic Avondale homes so special.
But it is the property itself that makes this offering truly exceptional. The enormous waterfront grounds stretch across a rare double L-shaped lot, creating an incredible sense of privacy, space and possibility along the water. Expansive views reach across the river toward the Ortega River Bridge, creating a beautiful backdrop that changes throughout the day and comes alive as the lights reflect across the water in the evening.
With no comparable parcel of this size remaining in Avondale, opportunities like this are extraordinarily difficult to find. Historic architecture, luxury renovations, expansive waterfront, unforgettable views and an irreplaceable piece of land come together in a property that represents something increasingly rare: the chance to own not simply a beautiful Avondale home, but one of the neighborhood's truly singular waterfront estates.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2026 | Listed by COMPASS FLORIDA LLC | $2,795,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Jul 10, 2017 | Sold | ||
| Sold | |||
| Aug 22, 2016 | Sold | ||
| Sold | |||
| Dec 8, 2015 | Listed by COMPASS FLORIDA LLC | $475,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Apr 16, 2015 | Listed by SYDNEY DAVIS REALTY INC | $525,000 | |
| Listed by SYDNEY DAVIS REALTY INC | |||
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NICE LOT AND HOME REPAIRS ARE NEEDED. PROPERTY SOLD AS IS WHERE IS.THIS IS A BANK OWNED PROPERTY..SELLER AND AGENT MAKE NOT REPRESENTATION OR WARRANTIES
BUYER TO VERIFY ALL INFORMATION.
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Property Highlights
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About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017