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2003 COMMONWEALTH Avenue, Jacksonville, FL, 32209

2beds
1baths
894sqft
$74,900
$84price/sqft
$833/moest. monthly cost
$33,320/yrincome needed

About This Home

Turn-key investment opportunity in a high-demand rental pocket of Jacksonville! 2003 Commonwealth Ave is a fantastic, income-generating addition to any real estate portfolio. Featuring a proven rental history this property currently has a tenant on a flexible month-to-month lease, allowing for a seamless transition for the new owner. This property is being offered individually or can be packaged as part of an exclusive 7-property (8-door) residential portfolio in Jacksonville. Seller is a licensed real estate broker.

Getting Around

41
WalkingCar-Dependent
33
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1941

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 894
  • Total interior livable area: 894 sqft

Property

Details

  • Parcel number: 0768960000

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Duval County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $378$4,536
Home Insurance *$114$1,368
Property Taxes $144$1,728
Electricity $197$2,366
Total$833$9,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,560/yr
40% on housing$24,990/yr
45% on housing$22,213/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 32209$71
Duval County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 32209$125
Duval County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-20Listed for sale$74,900
2024-02-01Listing removed--
2023-09-11Listed for sale$65,000
2021-09-15Sold$52,000
2021-05-28Sold$52,000
2021-02-01Listing removed--
2021-01-27Price change$56,700
2020-12-22Price change$56,900
2020-12-05Listed for sale$57,400
2014-04-08Listing removed$645
2013-09-27Price change$645
2012-12-14Listed for rent$750
2012-10-11Listing removed$750
2012-09-21Listed for rent$750
2011-07-13Sold$53,000
2010-08-11Listing removed$39,500
2010-07-08Price change$39,500
2010-06-22Price change$42,000
2010-06-19Price change$42,500
2010-05-12Price change$45,000
2010-04-17Price change$50,000
2010-04-08Price change$55,000
2010-03-25Price change$57,000
2010-03-03Price change$58,000
2010-02-18Price change$60,000
2009-04-13Sold$14,500
2008-12-10Sold$10,100
2002-05-22Sold$63,000

For Sale by Agent

AgentKAMI RABBETT
BrokerageKELLAR REALTY AND PROPERTY MANAGEMENT INC

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