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About this home
5851 Dunmire Ave is a 1940-built home in Glen Oak, Jacksonville. Inside you'll find 3 bedrooms, 1 bathrooms, and 1,564 square feet of living space. Listed at $81,990 (about $52/sqft), 246 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
EXCEPTIONAL INVESTMENT OPPORTUNITY – FIX & FLIP OR RENTAL IN JACKSONVILLE Savvy investors will appreciate this high-upside value-add opportunity in Jacksonville offering strong fundamentals, flexible renovation potential, and an attractive spread. Located at 5851 Dunmire Ave, Jacksonville, FL 32219, this frame/ stucco single-family home is well suited for a fix-and-flip project or long-term rental strategy in an active and growing market. The property offers approximately 1,564 square feet with three bedrooms and one bathroom, including a substantial addition that significantly enhances the home’s value-add potential. This additional space can easily be reconfigured into a true third bedroom, expanded living area, or optimized layout to increase resale value and rental demand. Built in 1940, the home features durable concrete construction, providing long-term stability and solid bones rarely found at this price point. Key infrastructure features include central air conditioning, carport parking, and a newer asphalt shingle roof, helping reduce exposure to major capital expenditures. The home sits on a generous 8,121 sq ft lot with no HOA, offering flexibility and freedom for investors and future occupants alike. With an asking price of $81,990, an estimated $55,000 renovation, and a projected after-repair value of $225,000, this opportunity presents compelling upside and multiple exit strategies for the right buyer. Whether repositioned for resale or stabilized as a rental, this property offers a clear path to equity creation through thoughtful renovation. Opportunities with this combination of price point, construction quality, and value-add potential are increasingly rare in today’s market. Schedule a showing and explore the potential of this Jacksonville investment.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Sample: 86 closed home sales in Jacksonville over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$81,990
$52 per sq ft
Beds and baths
3 beds, 1 baths
Size
1,564 sq ft
Time on market
246 days
Year built
1940
Monthly payment
About $665/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,349 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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