Foreclosures and Short Sales For Sale in Jacksonville

Great deals exist for those searching for Foreclosures and Short Sales in Jacksonville Florida.  These distressed properties often need a LOT OF WORK!  Keep in mind, many foreclosures and short sales have been sitting empty for years while the banks decide if they really want to foreclose.  (sarcasm noted).  Are you really getting a deal when buying a foreclosure or a short sale?  You might want to scroll down below and start reading about buying foreclosures or short sales in Jacksonville.

Jacksonville Foreclosures and Short Sales For Sale

All Listings $100,000 - $200,000 $200,000 - $300,000
$400,000 - $500,000 $500,000 - $600,000 Over $1,000,000
18 Properties Found. Page 1 of 2

Wow! A Great Value In A Wonderful Neighborhood....

NEW Photo of Listing #1001847

$290,000 Active

  • 4 Beds
  • 4 Baths
  • 2,448 ft²

Residential

2927 Braemar Dr, Jacksonville, Florida

MLS® #1001847

Wow! A Great Value In A Wonderful Neighborhood. There Is So Much Potential To Enhance This Wonderful House With Your Special Touches. A Flowing Layout With Generously Sized Rooms. Split Floor Plan With A Private Guest Suite. Large Eat-in Kitchen With Food ...

Great 3/2 Single Family Home Featuring Open Flo...

NEW Photo of Listing #1001251

$125,400 Active

  • 3 Beds
  • 2 Baths
  • 1,324 ft²

Residential

7323 Lawn Tennis Ln, Jacksonville, Florida

MLS® #1001251

Great 3/2 Single Family Home Featuring Open Floor Plan, 2 Car Garage, Vaulted Ceilings, Walk-in Closets, Fenced Backyard, And Much More! This Is The Perfect Starter Family Home Located Close To Shopping, Dining, And Major Highways. Employees Or Directors Of...

This 2 Story Pool Home Is A Great Investment Op...

Photo of Listing #1000339

$161,000 Active

  • 3 Beds
  • 3 Baths
  • 1,916 ft²

Residential

7527 Mossy Rock Cir, Jacksonville, Florida

MLS® #1000339

This 2 Story Pool Home Is A Great Investment Opportunity Or Chance For A First Time Home Buyer To Come In And Renovate The Way They Want. Downstairs Is Found The Living Room, Dining Room, Kitchen, 1/2 Bath And Family Room With Beautiful Brick Fireplace And ...

Well Maintained 4 Bedroom 2 Bath Home On Corner...

Photo of Listing #999309

$215,000 Active

  • 4 Beds
  • 2 Baths
  • 1,881 ft²

Residential

11465 Oakbank Ct, Jacksonville, Florida

MLS® #999309

Well Maintained 4 Bedroom 2 Bath Home On Corner Lot Upgrades Galore Including Ceramic Tile,42''cabinets,kitchen Island, Master Bath,walk In Closets, Screened Lanai Plus So Much More !!!!

Fantastic Updated Move In Ready Three Bedroom,...

Photo of Listing #997645

$279,900 Active

  • 3 Beds
  • 3 Baths
  • 2,341 ft²

Residential

5901 Tavernier St, Jacksonville, Florida

MLS® #997645

Fantastic Updated Move In Ready Three Bedroom, 2 1/2 Bath, 2 Car Garage, End Unit Townhome In The Flagler Station Community. The Master Suite Is Downstairs. Home Has Beautiful Cabinets, Granite Counters, Tile In The Living Area, Screened Lanai Overlook...

New Dual Hvac Units Installed 5/27/2019. Exteri...

Photo of Listing #994501

$249,000 Active

  • 5 Beds
  • 3 Baths
  • 3,428 ft²

Residential

12232 Heron Cove Ct, Jacksonville, Florida

MLS® #994501

New Dual Hvac Units Installed 5/27/2019. Exterior Pressure Wash, New Exterior Paint, New Garage Door. Large Home With Master Bedroom On The 1st Floor And Half Bath On 1st Floor. 4 Bedrooms Upstairs With Walk-in Closets In Almost All The Bedrooms. Family ...

Wow! Reduced Nearly $10,000fantastic Family Hom...

REDUCED 5% Photo of Listing #994661

$180,500 Active

  • 3 Beds
  • 2 Baths
  • 1,833 ft²

Residential

6595 Sandlers Preserve Dr, Jacksonville, Florida

MLS® #994661

Wow! Reduced Nearly $10,000fantastic Family Home Nestled Against Nature Preserve & Located Convenient To Cecil Commerce & Nas Jax! Spacious Interior With High Ceilings, & Large Windows. The Entry Greets You With A Mud Room Immediately On The Right Next To G...

Spacious 4/3 Single Family Home Located In A Qu...

REDUCED 5% Photo of Listing #992866

$222,000 Active

  • 4 Beds
  • 3 Baths
  • 2,992 ft²

Residential

7972 Vivera Ct, Jacksonville, Florida

MLS® #992866

Spacious 4/3 Single Family Home Located In A Quiet Neighborhood. Features An Open Floor Plan, 2 Car Garage, Fireplace, Laundry Room, Fenced-in Backyard, And Much More. Needs A New Roof.

Fantastic Layout For This 4 Bedroom 2 Bath Sing...

REDUCED 14% Photo of Listing #983776

$230,000 Active

  • 4 Beds
  • 3 Baths
  • 2,476 ft²

Residential

12478 Briarmead Ln, Jacksonville, Florida

MLS® #983776

Fantastic Layout For This 4 Bedroom 2 Bath Single-family Home In A Great Neighborhood, Hatton Chase Subdivision. Close To Baptist Medical Center South. Hardwood Floors In Main Areas And Carpet In Bedrooms. Open Family Room W/ Cathedral Ceiling And Wood Burn...

All Brick! This Home Is A Short Sale And Is Be...

Photo of Listing #976063

$140,000 Active

  • 3 Beds
  • 2 Baths
  • 1,410 ft²

Residential

10947 Chadron Dr, Jacksonville, Florida

MLS® #976063

All Brick! This Home Is A Short Sale And Is Being Sold As/is. Make This Your Peaceful Place, Home Offers 3 Bedrooms, 2 Full Updated Baths, Updated Kitchen And Floors. Also, Home Has A Glassed In Sunroom. Fully Fenced Back Yard. Don't Miss This One!

Bank Owned Property Over Looking The St Johns R...

Photo of Listing #975644

$458,000 Active

  • 4 Beds
  • 3 Baths
  • 1.48 Acres
  • 2,640 ft²

Residential

2196 Spanish Bluff Dr, Jacksonville, Florida

MLS® #975644

Bank Owned Property Over Looking The St Johns River, Across From The Dames Point Bridge On Little Over An Acre. Perfect Location, Quick Access To 295, 10 Minutes From Downtown & 15 Minutes To The Beach. Property Has A Large Back Porch, Stunning Old Growth, ...

Are Foreclosures a Good Deal?

Two small points of information on buying foreclosures:  

1. The banks aren't interested in low ball offers.  Forget what your friends told you about some crack pot home they bought at 10 cents on the dollar back in 2009... those days are long gone!  Can you find foreclosure type properties being offered for sale BELOW market value, sure but they are often in questionable locations, and you don't want to buy in a bad location regardless of the deal you get!  

2. The real deals are at the auction!  When the banks foreclose, they first attempt the auction via the county courthouse.  The bank will typically (almost always) bid UP TO the amount owed on the mortgage.  If the house has a good amount of "equity" after the mortgage balance is paid, then you'll have other investors attempting to purchase the home at auction.  This is where you find the good deals. You'll need cash, they require full payment by the end of the auction day.    

Questions about Buying Foreclosures in Florida:

So why do homes go on the market via a REALTOR?  Those are the homes that didn't sell at auction, so the amount owed was probably more or close to what it's currently worth.  

Will the bank sell the home for less than what is owed on the mortgage?  Assuming you are talking about a home listed for sale on the local MLS:  Yes they will.  It's only worth what it's worth, so they'll accept less than what is owed.  

When a bank list a home for sale, will they accept a lower price?  This is a super common question, and the answer is yes but ONLY after they've attempted to get their original asking price over a period of some timeline they have internally set.  (we don't know what that timeline is, and they rarely share it).  

Short Sales are often a better "Deal"

All that being said, there are still some gems in here!  Those gems are more prevalent in Short Sales in our opinion as you are more likely to find homes taken care of vs abandoned.  You'll have owners often times still living in the home and caring for the home, but they've just decided to sell and their home is currently upside down.  Can you buy this home for less than market value?  Usually, but more often than not you are buying just slightly below value and in turn you are already getting a better cared for home than you'll find in a long abandoned Foreclosure.  

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than RE/MAX Specialists are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2019 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on June 24th, 2019 at 2:08pm EDT.

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