



This 3-bedroom, 2-bathroom home in Jacksonville's established Royal Terrace neighborhood sits on a 7,200 square foot lot -- offering significantly more land than the structure currently occupies. The home features an open living area, functional kitchen, excellent natural light, and a spacious backyard with real development upside. Lot size and configuration may support the addition of an accessory dwelling unit, guest suite, or detached rental structure, creating the potential for a second income stream on the same parcel. Conveniently located near major roadways, schools, shopping, and downtown Jacksonville, with public transit access along West 45th Street. Strong rental demand in the surrounding area supports multiple strategies including owner-occupy, straight rental, ADU development, or long-term land hold. Buyer to independently verify all zoning, ADU eligibility, and permitted uses with the City of Jacksonville prior to purchase.

| Date | Value | Agent |
|---|---|---|
| 6/23/2026Source: North East Florida MLS | $224,888 -0.0% |
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| 6/22/2026Source: North East Florida MLS | $224,899 -0.0% |
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| 6/4/2026Source: North East Florida MLS | $224,900 -2.2% |
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| 5/18/2026Source: North East Florida MLS | May 18, 2026 |