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.
