2971 W 16TH STREET, JACKSONVILLE, FL, 32254
Pending85 days on marketListed May 15, 2026MLS #O6408316
About this home
2971 W 16TH STREET
BEAUTIFULLY RENOVATED! This 3-bedroom, 1-bath investment home features a welcoming front porch--perfect for enjoying your morning coffee--along with a living room showcasing durable laminate flooring and bedrooms with brand-new carpet. The large backyard offers plenty of space for entertaining or relaxing. Currently tenant-occupied and renting for $1,200 pr month, this property follows the 1percnt rule, making it an excellent investment opportunity. A great option for investors or future owner-occupants--this one won't last long! Seller is open to open to seller financing/sub to financing offers!
Facts & features
The home at a glance
3
Bedrooms
1
Bathrooms
970
Sqft
0.19 ac
Lot size
1950
Year built
One
Levels
$123
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,052 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,052/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−27.7%
$/sqft vs Jacksonville actives
$123 vs $175
Days on market
85 vs 56 typical
Where $123/sqft sits among the 146 Jacksonville actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Allendale
Get to know Jacksonville. See the full Jacksonville guide →
Allendale — neighborhood snapshot
Population
2,175
Median age
37
Median income
$47,543
Median home value
$82,959
Avg household
3
Households w/ children
327
For the school run
Duval County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Jacksonville market
$330K → $309K
Jacksonville median sold, yr/yr
97.7%
Sale-to-list ratio (12 mo)
69 of 146
Jacksonville actives have cut their price
Median sold price, Jacksonville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 8325% above the JACKSONVILLE 32254 median. See the full Jacksonville market guide →
Paper trail
This home's history
Reality check
What actually sold near 2971 W 16TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$105,000
2603 SUNNY ACRES DRIVE N
3 bd · 1 ba · 854 sqft · $123/sqft · 1 DOM
Sold · Feb ’26$135,000
3055 LOWELL AVENUE
4 bd · 2 ba · 1,484 sqft · $91/sqft · 11 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gavin Hatcher
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 2971 W 16TH STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2971 W 16TH STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Gavin's phone and CRM.
Straight answers
2971 W 16TH STREET FAQs
What would the monthly payment be for 2971 W 16TH STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,052/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 2971 W 16TH STREET?+
The most recent tax bill on record (2025) was $1,670. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Jacksonville?+
At $119,000, this home is listed about 60% below the Jacksonville median of $295,514. The market section on this page shows how the area is trending.
Which schools are assigned to 2971 W 16TH STREET?+
Biltmore Elementary School (elementary), William M. Raines High School (high), Lake Shore Middle School (middle) — Duval County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of DOGWOOD REALTY · Elaine Samaan. MLS #O6408316.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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