400 E Bay St 404, Jacksonville, FL

• •This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
• •The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
• •Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.