This home is in Jacksonville.
Pending·63 days on market
7622 Reed Street
Jacksonville, FL 32208
About this home
Jacksonville
Investor Special with Immediate Upside Potential! This 3-bedroom, 2-bath home offers solid bones, major system updates, and plenty of opportunity to build equity. Featuring a newer roof, newer HVAC system, spacious kitchen, formal dining room, charming brick fireplace, upstairs loft overlooking the foyer, and a 3-car garage, this home has great character and functionality. While the property could benefit from a little TLC and cosmetic updating, it is move-in ready and presents an excellent opportunity for an investor, first-time buyer, or someone looking for a quick flip. Situated on a generous 8,000 sq. ft. lot, this one-owner home is priced with potential in mind. Don't miss your chance to unlock the value in this hidden gem!
Cost to own
Mortgage calculator
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • 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 (that applies to the reference bill above too).
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $283,910 | $45,346 | — |
| 2024 | $248,504 | $43,361 | — |
| 2023 | $242,924 | $40,642 | — |
| 2022 | $211,836 | $38,002 | — |
| 2021 | $153,508 | $35,439 | — |
| 2020 | $138,182 | $34,260 | — |
2025 property taxes (current owner): $1,352/yr
Estimated taxes if purchased at asking price: ~$4,200/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.
Features
Community Information
Amenities
Interior
Additional Information
Listing Courtesy of: SUNSHINE REALTY & CO LLC
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Krista Fracke
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Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines