3862 Arden Street

Mediterranean style on quiet Arden Street in Avondale

Fabulous 3 bedroom / 2 and a half bathroom Mediterranean home located in a unique enclave in the heart of historic Avondale. Walk to the shoppes, parks and restaurants on St. Johns Avenue.

Grand formal living and dining rooms. Comfortable and spacious den / Florida room with tile floors and charming fireplace.

Spacious, cheerful gourmet kitchen with granite counters, stainless appliances and a wine bar.

Breakfast room / eat-in kitchen area overlooks the gorgeous backyard pool with hot tub and fountain. Plenty of room for outdoor dining and entertaining. Adjoining the pool there is also a separate guest house with full bath.

Gleaming hardwood floors throughout, including the upstairs. Spacious master bedroom suite with balcony. Terrific built-ins. Renovated-but-traditional feel to the bathrooms.

Superb opportunity to own in historic Avondale with this gracious home in updated, move-in-ready condition. For more information, check out the full listing for 3862 Arden Street or contact Liz Bobeck or Josh Nugent.

3 Recent Listings in Riverside and Avondale

I'd like to share with you 3 great listings of mine available in Jacksonville's historic Riverside/Avondale area.

The first is a condo, unit 108 at 1661 Riverside Avenue — one of the large townhouses on quaint brick May Street. This 2 bedroom / 2.5 bath condo has everything you could ask for, truly one of the best buys available in the Riverside / Five Points condo market. To top it off, you get two secured parking spaces and a storage unit!

More information on 1661 Riverside #108

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Next up is an inexpensive duplex in the heart of Avondale at 3872 Herschel Street. A terrific investment due to its location and income-generating potential. Very appealing to renters, each side is a 2 bedroom / 1 bath unit within walking distance to Boone Park, public transportation, and many shops and restaurants. There off-street parking for up to 3 cars. This historic property could be converted to a single-family home or purchased for the rental income.

More information on 3872 Herschel St

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Also, one of my favorite listings is Unit 8A at the Beau Rivage Condominiums. This riverfront treasure in the heart of Avondale is a must-see, fantastic modern living space with expansive views of the St Johns River all the way to downtown Jacksonville. 3 bedroom / 2 bath unit amazingly remodeled. (I've blogged this great condo before!)

More information on Beau Rivage Unit 8A

For this or any other real estate inquiry, please contact Josh Nugent of Prudential Network Realty's Avondale - Ortega office.

Busy Busy Busy

Sorry I have not had time to post in a long while... been too busy selling!

Including:

4263 Garibaldi in Venetia, which went under contract in 1 day!

4919 Ortega Forest Drive was on the market for all of 3 days when my buyers put it under contract.

And, the big kahuna is the large St Johns River lot on Timuquana Road with views of downtown Jacksonville (about which I've blogged before) — It's now sold!!

So, with these showings, contracts and closings (and many more new clients looking at property every day) — that's what I've been doing since I last blogged!

More to come very soon. Contact Josh Nugent with your real estate questions.

Amazing Beau Rivage Unit 8A!

I call it "Museum of Modern Art at The Beau Rivage"! And that's just the foyer to unit 8A. The "A" units at the Beau Rivage Condos are the largest units overlooking the river towards the downtown Jacksonville skyline.

Many many times before I've touted the Beau Rivage on St Johns Avenue in historic Avondale. This listing, 8A, is the building's pièce de résistance.

If you lived here, you'd enjoy some of the most amazing views of downtown Jacksonville and the St. Johns River in this fully renovated condo. Gorgeous light wood floors in entry gallery, living room, sitting area and kitchen.

Large open kitchen with high end contemporary cabinets, granite tops, stainless appliances & flat screen TV. Gorgeous master suite with huge walk-in closet & bath with high-end cabinets, granite, & fixtures -- and all with downtown views. The unit has all new windows and doors updated to recent hurricane requirements.

The Beau is a very well run & financially stable building in the heart of historic Avondale.

Check out this stylish jewel of a listing: Beau Rivage 8A, 2970 St Johns Avenue, Jacksonville, Florida 32205. And, as always, be sure to contact Josh Nugent for any real estate inquiries you may have.

Buying & Selling in 2010

There's an old saying "statistics don't lie." Of course, there's another saying which says, "There are lies, damned lies, and statistics." Nevertheless, I would like to use statistics to prove that real estate sales in Northeast Florida are up in 2010 if the property is priced right.

In Northeast Florida there were 1,613 closed sales in June 2010, a 17.7% increase over the 1,370 closed sales in June 2009. The median sales price was $143,090, down 10.6% from last June's median of $160,000. 705 of those sales were either foreclosures or short sales, a 47.8% increase over last years figure of 477.

In Ortega, Avondale, and Riverside, there were 29 closed sales in June, a 20.8% increase over last year. The median sales price of $170,625 is down 24.6% from last year's median sales price of $226,250.

So, good news for buyers. A hard reality check for some sellers. The only thing is, I do try to point out that most sellers are buying at the same time — and with interest rates at all-time lows, they can still come out well even in current market conditions.

New Low Price on Prime Riverfront

$1,050,000 is the new low price on my listing at 3869 Timuquana Road. This property is 1.25 acres of prime riverfont in a secluded section of Venetia just past Timuquana Country Club.

Modern architectural details combined with a generous patio / pool deck and front and back yards which go on forever offer the right buyer unlimited potential.

The home is a 1950's Florida modern designed by Miami architect Gordon Severud. It was featured in a Florida home and garden magazine in 1956. For those with an eye towards Jacksonville's midcentury architecture, 3869 Timuquana Road represents a terrific opportunity for a remodel. For any buyer, the large lot in a secluded, exclusive neighborhood with wide St Johns River views is hard to beat.

View full listing for more information. Or contact me, Josh Nugent, with any Jacksonville real estate question.

Another Chelsea Loft Unit SOLD!

In February, Liz Bobeck and Josh Nugent sold out the remaining developer's units in The Chelsea Lofts to a single investor. Now we've done it again. We've just negotiated the purchase of an individually owned unit by the same investor. These units are then available for rental with Sago Real Estate.

Located at 2064 Herschel Street in Riverside, the Chelsea Lofts offer a terrific lifestyle. The building, brand new in 2007, is located on a fully residential corner within one block of all the vitality of Jacksonville's Five Points. The Riverside Publix, Starbucks, Al's Pizza, Chinese and Japanese restaurants, O'Brother's Irish Pub, Mossfire Grill, Five Guys, Starlight Lounge, Lomax Lodge, the 5 Points Theatre, Underbelly, Anomaly, Edge City, Hair Peace, Wall Street Lounge, Grassroots Natural Market, Snap Fitness, beautiful Memorial Park on the St Johns River — and much more — are all within a few blocks' walking distance!

If you think you're ready for the "5 Points lifestyle" contact Sago for rentals or check out these continually updated sites for real estate listed for sale in 1661 Riverside Avenue and, for riverfront, the Broadview Terrace and the Broadview Towers.

As always — contact me, Josh Nugent, with any real estate question.

Beau Rivage 11F - large riverview unit at great price

It's no surprise that I think the Beau Rivage is a great building — fellow agents Dee Burnett, Marcia Simmons and I created a stand-alone website highlighting the Beau Rivage as historic Avondale's only riverfront highrise condo. The building has recently renovated its extensive common areas and installed a modernized exercise room, leading out to its riverfront pool.

Unit 11F has just come on the market at a great price of $250,000. It's a spacious 2-bedroom / 2 bath design — the bedrooms and living areas are all very large, with terrific Southern views of the St Johns River.
But it's the exterior spaces which will take your breath away! 11th-floor units at the Beau Rivage Condos have unique floor plans. They have "bump-outs" giving them more interior space than any other units, even those on the penthouse level one floor up. And, unlike any other units their balconies fully open to the sky with no overhang.

Check out the full listing of Beau Rivage 11F — or contact me, Josh Nugent, for any real estate inquiry.

Great New Price on City-View Riverfront

$1.3 Million is the new low price on my listing at 3869 Timuquana Road. This property is 1.25 acres of prime riverfont in a secluded section of Venetia just past Timuquana Country Club.

Modern architectural details combined with a generous patio / pool deck and front and back yards which go on forever offer the right buyer unlimited potential.

The home is a 1950's Florida modern designed by Miami architect Gordon Severud. It was featured in a Florida home and garden magazine in 1956. For those with an eye towards Jacksonville's midcentury architecture, 3869 Timuquana Road represents a terrific opportunity for a remodel. For any buyer, the large lot in a secluded, exclusive neighborhood with wide St Johns River views is hard to beat.

View full listing for more information. Or contact me, Josh Nugent with any Jacksonville real estate question.

Tax Credit Ends; Deal Season Begins

There was a mad rush of buyers putting in contracts by April 30 to take advantage of the federal government's tax credits for home-buyers. April 30 was the deadline and a staggering eleven contracts were turned in at my office, Prudential Network Realty's Avondale / Ortega branch.

If you are a potential buyer you might be thinking you missed a great opportunity for getting up to $8,000 in tax rebates. While it is true that the tax credits for home buyers are no longer available, it is also true that there are still a great many properties available on the market. And the pool of buyers just shrank dramatically. That's why I am not joking when I say that "Bargain Season" is just beginning. Some sellers will be motivated to come down much more than $8,000. Especially with fewer buyers competing for those properties.

Please contact me, Josh Nugent, so that I can assist you in taking advantage of this great time to buy real estate anywhere in Northeast Florida.

Fantastic Opportunities on 5 Points Condos!

Today I'd like to call attention to two different condo bargains currently available in 5 Points. I've written quite a bit about the 5 Points area of Riverside, because it truly is Jacksonville's most walkable, vibrant neighborhood.

There are a couple of great opportunities for buyers in the oldest and newest 5 Points condos, both adjacent to beautiful Memorial Park on the St Johns River. The Park Lane was Jacksonville's first high rise condo residence. The stately exterior still appears as in this vintage post card; inside, the building's Penthouse is thoroughly modern.

The Penthouse of the Park Lane is now available for only $350,000! This stunningly remodeled unit covers the entire top floor of the building and features wide-ranging river views. The current owners spared no expense in their recent renovation, but have moved on — so they've recently made a $600,000 price reduction to signal prospective buyers that they are ready to sell.

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1661 Riverside is the newest condo development facing Memorial Park. The building features an attractive brick exterior, a parking garage, interior courtyards, and modern loft interiors in the units.


There is a special opportunity on one unit at 1661 Riverside right now: a 3% down payment! Every other available unit in the building requires down payments of 25%. But this property falls under the Fannie Mae HomePath program

Please contact me, Josh Nugent, for help with these great buys or any other Northeast Florida real estate question.