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1725 PROSPECT Street, Jacksonville, FL 32208
New Listing
$299,900






























Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,319
Lot Size (sq. ft.):
10,019
Status:
Active
Current Price:
$299,900
List Date:
5/15/2025
Last Modified:
5/15/2025
Description
Stunningly renovated and income-producing, 1725 Prospect Lane offers exceptional value just steps from the river and minutes from downtown Jacksonville. Set on a generous 10,000 SF lot in a quiet, high-demand neighborhood, this versatile property features a 2BR/1BA main home—previously rented for $1,550/month and now vacant for easy showings—plus a non-conforming 1BR/1BA attached ADU leased to a long-term tenant at $975/month. With previous gross rental income of $30,300/year and a 9.9% takeover cap rate, it's an ideal opportunity for house hackers, investors, or multigenerational buyers. Recent upgrades include a new roof, well pump, water softener, AC units in both residences, a full boundary fence, and fresh interior and exterior paint—all completed within the last two years, delivering peace of mind and strong cash flow from day one. Incentives available with preferred lender.
More Information MLS# 2087611
Contract Information
Current Price: $299,900
Property Sub Type: Single Family Residence
Property Attached YN: No
Status: Active
List Price: $299,900
Listing Contract Date: 2025-05-14
Location Tax and Legal
Street Number: 1725
Street Name: PROSPECT
Street Suffix: Street
County: Duval
State: FL
Postal Code: 32208
MLS Area Major: 075-Trout River/College Park/Ribault Manor
Subdivision Name: Trout River
General Property Information
Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1284
Living Area Source: Measured
Building Area Total: 1319
Year Built: 1949
Accessory Dwelling Unit Y/N: Yes
Homestead YN: No
Lot Size Acres: 0.23
Association YN: No
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 1
Senior Community YN: No
Directions: From Lem Turner Road (FL-115 N) and continue for about 2 miles.
Turn right onto Prospect Street (just past the Trout River).
Continue onto Prospect Lane—the home will be on your right at 1725 Prospect Lane.
Public Remarks: Stunningly renovated and income-producing, 1725 Prospect Lane offers exceptional value just steps from the river and minutes from downtown Jacksonville. Set on a generous 10,000 SF lot in a quiet, high-demand neighborhood, this versatile property features a 2BR/1BA main home—previously rented for $1,550/month and now vacant for easy showings—plus a non-conforming 1BR/1BA attached ADU leased to a long-term tenant at $975/month. With previous gross rental income of $30,300/year and a 9.9% takeover cap rate, it's an ideal opportunity for house hackers, investors, or multigenerational buyers. Recent upgrades include a new roof, well pump, water softener, AC units in both residences, a full boundary fence, and fresh interior and exterior paint—all completed within the last two years, delivering peace of mind and strong cash flow from day one. Incentives available with preferred lender.
List Price/SqFt: 233.57
Status Change Information
Major Change Timestamp: 2025-05-15T00:11:53Z
Major Change Type: New Listing
Accessory Dwelling Information
ADU Attached Y/N: Yes
DPR Eligible
DPR Eligible: Yes
Property Features
Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Freezer; Ice Maker; Microwave; Refrigerator; Washer
Utilities: Electricity Connected; Sewer Connected; Water Connected
Cooling: Central Air; Electric
Heating: Central; Electric
Water Source: Private; Well
Sewer: Private Sewer; Septic Tank
Parking Features: Off Street
Current Use: Investment; Residential
Possession: Close Of Escrow
Listing Terms: Cash; Conventional; FHA; VA Loan
Listing Office: COLDWELL BANKER ANABASIS REALTY
Last Updated: May - 15 - 2025
Information deemed reliable but not guaranteed.