This home is in Jacksonville.

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Active

Active·164 days on market

120 E 3rd Street

Jacksonville, FL 32206

$424,900$233/sqftEst. $2,261/moMLS# 2128060

Beds

Baths

1,820

Sq Ft

2026

Built

—

Garage

Pool

About this home

Jacksonville

New Construction Opportunity - Magnolia Floor Plan by M&M Homes! This parcel accommodates ON-SITE parking. Multiple other homes sites available, discuss with builder. Secure this semi-custom home in Historic Springfield, with completion in approximately 5 months from accepted contract. Designer-curated upgraded finish package included (see styling photos) buyer will have an option to change finishes. Limited-time builder incentives available through April 15, 2026: • $10,000 toward closing costs with preferred lender • $1,000 in free additional upgrades Outstanding builder warranty: 10-year structural, 1-year workmanship, plus extended HVAC coverage on both HVAC.

Cost to own

Mortgage calculator

Home Price

$424,900

Down Payment: 20%

$84,980

Interest Rate: 6.55%

Loan Term

Monthly Payment

$2,160

Principal & Interest: $2,160

Est. Taxes & Insurance: $540

Estimated Total Monthly

$2,700

*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$2,261

Property taxesest. at asking price, Duval County$694

Estimated total, before insurance$2,955/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	$44,880	$654	—
2024	$44,880	$595	—
2023	$38,760	$541	—
2022	$38,760	$492	—
2021	$25,840	$448	—
2020	$21,624	$408	—

2024 property taxes (current owner): $291/yr

Estimated taxes if purchased at asking price: ~$8,300/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 C

Zone C evacuates after zones A, B in an approaching storm.

Roof: Shingle — year not disclosed (home built 2026)

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

Solar potential: ~1,733 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

Price & status history

Feb 2, 2026Listed$424,900

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$424,900

Price / Sq Ft$233

Bedrooms3

Bathrooms2.50

Full Baths2

Half Baths1

Square Footage1,820

Acres0.05 acres

Year Built2026

TypeResidential

Sub-TypeSingle Family Residence

StyleTraditional

Property ConditionTo Be Built

StatusActive

Has PoolNo

Is WaterfrontNo

New ConstructionYes

Direction FacesNorth

School Information

ElementaryAndrew A. Robinson

MiddleDarnell Cookman

HighWilliam M. Raines

Community Information

Address120 E 3rd Street, Jacksonville, FL 32206

Area072-Springfield

SubdivisionSpringfield

CityJacksonville

CountyDuval

StateFL

Zip Code32206

Lot Size2,178 sq ft

Lot Dimensions40 x 57

Parcel Number0730060000

ZoningResidential

Amenities

UtilitiesCable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

SewerPublic Sewer

Water SourcePublic

ParkingElectric Vehicle Charging Station(s), Off Street

Interior

Interior FeaturesEntrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s), Wet Bar

AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Water Heater, Ice Maker, Instant Hot Water, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater

HeatingCentral

CoolingCentral Air

FlooringWood

# of Stories2

LevelsTwo

LaundryElectric Dryer Hookup, In Unit, Upper Level, Washer Hookup