Mandarin Condo with Attached
9420 OSPREY BRANCH Trail 1-9 Jacksonville, FL 32257
For Sale
$199,700
Move-in ready, 2-bedroom condo in gated community with amenities.
Property Size1,079 SF
Lot Size0.01 Acres
Price / SF$185.08
Days on Market680
Property Features for 9420 OSPREY BRANCH Trail 1-9
General Information
- Standard status
- Active
- Size
- 1,079 SF
- Lot size
- 0.01 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2007
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 996-9115
Listed By:
GINA MANNUCCI · License #3547000
Source:
Exitrealty
Added: Sep 12, 2024
Changed: Jul 10
Last Checked: Jul 23 at 8:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLORIDA HOMES REALTY & MTG LLC
Investment Insights
Based on property information with market context.
This move-in ready condo features 2 bedrooms and 2 bathrooms, situated in the Mandarin area within a gated community. The property includes an attached garage and offers 1,079 square feet of living space. High ceilings enhance the interior, which includes all appliances. A separate dining area connects to the kitchen and living room. The split-bedroom layout provides privacy. The downstairs laundry area, equipped with a washer and dryer, offers interior access to the garage. Community amenities include a pool and fitness center. The condo fee covers exterior maintenance, roof upkeep, landscaping, internet, cable, and pest control. Located with easy access to I-295 and I-95, the property is near The Avenues Mall, Target, Publix, Lowe's, and various shopping and dining options.
Key Highlights
- Move‑in ready 2‑bedroom, 2‑bath condo with attached garage in a gated community.
- Condo fee covers exterior maintenance, roof, landscaping, internet, cable, and pest control.
- Community amenities include a pool and fitness center.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.1k | $14.88 |
| − Vacancy | −$1.5k | −$1.43 |
| EGI | $14.5k | $13.45 |
| − OpEx | −$6.5k | −$6.05 |
| NOI | $8.0k | $7.40 |
1,079 SF · lease $14.88/SF/yr · vacancy 9.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$114.0K
$99.8K – $133.1K
NOI $7,983 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$295.6K
$258.6K – $344.9K
NOI $20,691 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Move-in ready, 2-bedroom condo in gated community with amenities.
Where is this residential income property located?
The property is located at 9420 OSPREY BRANCH Trail 1-9 Jacksonville, FL.
What is the asking price?
The asking price for this property is $199,700.
What are key features of this property?
This property features: Move‑in ready 2‑bedroom, 2‑bath condo with attached garage in a gated community.; Condo fee covers exterior maintenance, roof, landscaping, internet, cable, and pest control.; Community amenities include a pool and fitness center.
