Work directly with Krista on any home here · Broker Associate · 20+ years · 500+ closings · Christie's International Real Estate First Coast

This home is in Jacksonville.

1 / 10

Pending

Pending·79 days on market

311 W Ashley Street 812

Jacksonville, FL 32202

$82,500$194/sqftEst. $424/moMLS# 2148909

Beds

Baths

425

Sq Ft

1949

Built

—

Garage

Pool

About this home

Jacksonville

Attention Investors! Don't miss this exciting investment opportunity. Located in the heart of Downtown Jacksonville. This Studio condo is the perfect opportunity to start or expand your investment portfolio. Ideally located just a few minutes from EverBank Stadium, popular restaurants, nightlife, entertainment venues, riverwalk and directly across from major downtown employers and ongoing redevelopment projects. This unit has a current tenant with a 1 year lease expiring 02/28/27 and includes a brand new HVAC 06/29/26, stove, refrigerator and is well suited for rental income, student housing, and affordable downtown living. The secure building offers 24-hour controlled access, on-site management, a fitness center, laundry facilities, and a mail room for added convenience. The HOA fee includes building insurance, water, trash service and pest control helping to keep ownership costs manageable. Positioned in an area experiencing continued growth and revitalization.

Cost to own

Mortgage calculator

Home Price

$82,500

Down Payment: 20%

$16,500

Interest Rate: 6.65%

Loan Term

Monthly Payment

$424

Principal & Interest: $424

Property taxes (est.): $135

Insurance (est.): $55

Estimated Total Monthly

$613

*30-year loan at 6.65% APR (avg 30-yr rate 2026-08-20, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs 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 · 6.65% · 30yr$424

Property taxesest. at asking price, Duval County$135

HOAbilled monthly$414

Estimated total, before insurance$972/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$1,411/yr · $118/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, 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	$74,500	$74,500	▲ $1,000
2024	$73,500	$54,358	—
2023	$73,500	$49,417	—
2022	$56,000	$44,925	—
2021	$43,500	$40,841	—
2020	$43,500	$37,129	—

2025 property taxes (current owner): $1,411/yr

Estimated taxes if purchased at asking price: ~$1,600/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.