This home is in Jacksonville Beach.

1 / 59

Active Under Contract

Active Under Contract·136 days on market

887 & 889 8th Avenue S

Jacksonville Beach, FL 32250

$675,000$352/sqftEst. $3,593/moMLS# 2123753

Beds

Baths

1,920

Sq Ft

1985

Built

—

Garage

Pool

About this home

Jacksonville Beach

Featuring a NEW ROOF and list price, this income-producing duplex on a single parcel, has two updated 2-story units (2 bed | 1.5 bath each). Both units offer private fenced backyards, a primary-suite balcony, downstairs laundry, granite countertops, abundant parking, and tile flooring throughout. Updates include cabinets, countertops, and appliances in each unit--providing a move-in-ready asset with modern appeal. Centrally located in Jacksonville Beach, just minutes from the beach, Beach Bowl, Publix, and all the area's great amenities! Currently operating at a 5% cap rate, this property delivers income potential for savvy investors. Whether you're expanding your portfolio, planning a future Airbnb conversion, or securing a long-term rental property with strong upside potential, this is a turnkey opportunity positioned for both current cash flow and future flexibility.

Cost to own

Mortgage calculator

Home Price

$675,000

Down Payment: 20%

$135,000

Interest Rate: 6.55%

Loan Term

Monthly Payment

$3,431

Principal & Interest: $3,431

Est. Taxes & Insurance: $858

Estimated Total Monthly

$4,289

*Estimates based on 30-year loan at 6.55% APR (avg 30-yr rate 2026-07-16, Freddie Mac PMMS via FRED). Actual payments may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.0% · 30yr$3,593

Property taxesest. at asking price, Duval County$1,102

Estimated total, before insurance$4,695/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$524,594	$442,179	—
2024	$572,271	$401,981	—
2023	$476,160	$365,438	—
2022	$388,800	$332,217	—
2021	$349,440	$302,016	—
2020	$274,560	$274,560	—

2025 property taxes (current owner): $8,679/yr

Estimated taxes if purchased at asking price: ~$13,200/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 3,305 current Duval listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Hurricane evacuation zone B

Zone B evacuates after zone A in an approaching storm.

Roof: material not specified — year not disclosed (home built 1985)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Sewer · FL0020231 - City of Jacksonville Beach · Public water (record)

County records show this parcel on central sewer served by FL0020231 - City of Jacksonville Beach — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,793 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History