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Active

Active·53 days on market

1037 Riviera Street

Jacksonville, FL 32207

$900,000$239/sqftEst. $4,641/moMLS# 2150668

Beds

Baths

3,764

Sq Ft

1941

Built

—

Garage

Pool

About this home

Jacksonville

Rare opportunity to get instant scale in historic San Marco. 1731 Flagler & 1037 Riviera is a ten-unit, two property multifamily portfolio in the heart of San Marco, one of Jacksonville's most established and walkable historic neighborhoods. A true A+ location that sits minutes from San Marco Square, downtown Jacksonville and the Gateway Jax redevelopment, the Baptist Health medical campus, and the city's major sports and entertainment venues. Each property pairs a four-unit main building with a detached apartment over five covered parking spaces each. 1731 Flagler Avenue consists of five one-bedroom units, while 1037 Riviera Street consists of four one-bedroom units and one two-bedroom unit. Ownership has recently completed substantial CAPEX projects across both properties, including electrical, plumbing, sewer, and moisture control upgrades. *****PRICING ON THIS LISTING IS FOR ONE PROPERTY, HOWEVER BOTH 1731 Flager and 1037 Riviera MUST BE PURCHASED TOGETHER.*****

Cost to own

Mortgage calculator

Home Price

$900,000

Down Payment: 20%

$180,000

Interest Rate: 6.69%

Loan Term

Monthly Payment

$4,641

Principal & Interest: $4,641

Property taxes (est.): $1,470

Insurance (est.): $600

Estimated Total Monthly

$6,711

*30-year loan at 6.69% APR (avg 30-yr rate 2026-08-06, 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 · 6.69% · 30yr$4,641

Property taxesest. at asking price, Duval County$1,470

Estimated total, before insurance$6,111/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$13,118/yr · $1,093/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	$733,980	$733,980	—
2024	$722,688	$698,692	—
2023	$635,175	$635,175	—
2022	$579,656	$579,656	—
2021	$406,512	$387,289	▲ $7,528
2020	$398,984	$238,977	▲ $31,053

2025 property taxes (current owner): $13,118/yr

Estimated taxes if purchased at asking price: ~$17,600/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.

Storms & insurance

Florida Reality Check

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

Zone AE — high-risk flood zone (Special Flood Hazard Area)

Lenders require flood insurance for financed purchases here.

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 1941)

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

Sewer (public record)

County records show this parcel on central sewer — no septic system to inspect or maintain.

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

Solar potential: ~1,724 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

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History