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Work directly with Krista on any home hereBroker Associate · 20+ years · 500+ closingsChristie's International Real Estate First Coast

This home is in Jacksonville.

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Active

$450,0008 bd · 4 ba · 3,938 sq ft

Active·5 days on market

2501 N Market Street N

Jacksonville, FL 32206

$450,000$114/sqftEst. $2,453/mo mortgageMLS# 2172400
8
Beds
4
Baths
3,938
Sq Ft
1927
Built
—
Garage
No
Pool
FEMA Zone XNo HOA5,227 sqft lotQuadruplex1 story

See it this week

Want to walk through this home this week?

Leave your number and I will call to set it up. Before we go I pull the flood zone and the true monthly cost, so you know what you are looking at.

Call (904) 709-7917 Text Krista

Krista Fracke, Broker Associate. You'll hear back from me directly, not from a call center.

About this home

Jacksonville

INVESTOR OPPORTUNITY - JACKSONVILLE, FL! Don't miss the opportunity to invest in the historic Springfield neighborhood! Located at 2501 N Market Street, this property offers approximately 3,938 square feet, 8 bedrooms, and 4 bathrooms, providing exciting potential for investors seeking to expand their rental portfolio. Explore the possibilities for income generation, value-add improvements, and long-term equity growth. Conveniently located near Downtown Jacksonville, employment centers, dining, entertainment, and ongoing neighborhood revitalization. Whether you're an experienced investor or looking for your next investment opportunity, this property offers plenty of potential. Bring your vision and investment strategy!

Next steps in Jacksonville

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Cost to own

True monthly cost

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

Principal & interest20% down · 7.24% · 30yr$2,453
Property taxesest. at asking price, Duval County$737
Estimated total, before insurance$3,190/mo
Seller’s 2025 tax billper the MLS — includes any CDD / assessments$4,443/yr · $370/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).
Mortgage calculator — adjust rate & down payment

Cost to own

Mortgage calculator

$450,000
$90,000
Loan Term
Monthly Payment
$2,453
Principal & Interest: $2,453
Property taxes (est.): $737
Insurance (est.): $300
Estimated Total Monthly
$3,490
*30-year loan at 7.24% APR (avg 30-yr rate 2026-10-29, 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.

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 E

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

Roof: Tar/Gravel — year not disclosed (home built 1927)

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

Sewer & public water · JEA

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

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

Solar potential: ~1,690 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.

As of November 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields, read at the listing’s map pin or, on lots of an acre or more, across the county parcel (state cadastral). A zone shown for part of a lot may not be where the home stands. 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.

Around this address

Nearby, from public data

The closest public beach, park, water access, league fields and grocery store from this home's location.

Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; stores from state food permits and each chain’s store list. Distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.

Cost to own

Taxes & assessment

YearMarket valueTaxable valueChange
2026$174,986$174,986—

2025 property taxes (current owner): $4,443/yr

Estimated taxes if purchased at asking price: ~$8,800/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 3,601 current Duval listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2026), NEFMLS.

History

Price & status history

  • Nov 5, 2026Listed$450,000

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

Closed sales

What sold nearby

Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $150/sq ft; this home is listed at $114/sq ft.

AddressClosedPrice$/sq ftBd/BaSq ftDOMMiles
231 E 16th Street, Jacksonville, FL 32206Listed by NOMAD REALTYMay 2026$482,500$1758/42,76230.1
239 E 16th Street, Jacksonville, FL 32206Listed by NOMAD REALTYFeb 2026$399,000$1448/42,76260.1
23 E 15th Street, Jacksonville, FL 32206Listed by AMERICAN REAL ESTATE SOLUTIONS LLCOct 2025$185,542$644/32,890460.2
151 W 17th Street, Jacksonville, FL 32206Listed by TU FAMILIA REAL ESTATEJun 2026$500,000$1519/43,312270.4
24 Cottage Avenue, Jacksonville, FL 32206Listed by M&M HOMES REALTY AND MANAGEMENTJul 2025$90,000$208/04,428490.4
1843 Hubbard Street, Jacksonville, FL 32206Listed by BELLE EPOQUE REALTY SERVICES LLCOct 2025$650,000$1506/54,3321830.5

Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.

Is this home priced right?

Ask Krista and she'll email you her read on how this price compares with recent sales nearby.

Features

Price$450,000
Price / Sq Ft$114
Bedrooms8
Bathrooms4.00
Full Baths4
Square Footage3,938
Total Structure Area3,938 sq ft
Acres0.12 acres
Year Built1927
TypeResidential Income
Sub-TypeQuadruplex
StatusActive
Has PoolNo
Is WaterfrontNo

School Information

ElementaryAndrew A. Robinson
MiddleMatthew Gilbert
HighWilliam M. Raines

Community Information

Address2501 N Market Street N, Jacksonville, FL 32206
Area076-Downtown Jacksonville-Eastside
Subdivision16 Flat
CityJacksonville
CountyDuval
StateFL
Zip Code32206
Lot Size5,227.2 sq ft
Parcel Number0448580000
ZoningMulti Family

Amenities

UtilitiesElectricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Water SourcePublic
ParkingDetached, On Street

Interior

AppliancesElectric Range, Refrigerator
HeatingCentral
CoolingCentral Air
FlooringTile, Wood
FireplaceNo
# of Fireplaces0
# of Stories1
LevelsTwo
LaundryCommon Area

Exterior

Lot DescriptionCleared
FencingFenced
RoofTar/Gravel
ConstructionBrick
Other StructuresShed(s)
Road SurfaceAsphalt
Road FrontageCity Street

Additional Information

Date ListedNovember 5, 2026
Days on Market5
Tax Amount$4,443.42
Tax Year2025
Listing TermsCash, Conventional
55+ CommunityNo
New ConstructionNo

Listing Courtesy of: EXIT 1 STOP REALTY

Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

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