This home is in Jacksonville — a waterfront home in Jacksonville.
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Sold·Closed Feb 12, 2026·234 days on market·Recent sales in Jacksonville
1560 Lancaster Terrace 604
Jacksonville, FL 32204
About this home
Jacksonville
This is a stunning 2 bedroom condo that looks out on the beautiful St. Johns river. It is nestled in the Broadview building next to Memorial Park right by the river. The unit has a great corner view from the 6th floor so you can see a large swath of the downtown. You can watch breathtaking sunsets from the glass lanai. This elegant unit has a newly updated kitchen with sleek modern cabinets and state-of-the-art appliances. Modern lighting and hardwood floors provide a modern looking home. There is high quality plush carpet in the bedrooms. The St. Johns river provides a serene backdrop to everyday living. This unit has an assumable mortgage for those looking for a low interest financing option. This unit has a parking space on the first floor in the garage. This building has recently passed its Milestone inspection. This property has an assumable mortgage.
Next steps in Jacksonville
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
- • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
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Cost to own
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Sun & Light
East-facing backyard — the morning-light lot
The listing reports the home facing west, which puts the backyard on the east side. Today at this address: sunrise 7:26 AM, sunset 7:00 PM.
- The rear takes the sunrise and the gentle morning sun, then goes shaded through the afternoon — the classic comfortable-summer-evening lanai in Florida.
- A pool back here warms with the morning and sits in shade by late afternoon: cooler water than a west lot, and evening swims without the glare.
- The front of the home carries the hot western afternoon instead of your living space.
Orientation per the MLS listing; sun paths are seasonal geometry for Northeast Florida, not a shade study — trees, screening, and neighboring structures change the picture on any specific lot.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $434,356 | $434,356 | — |
| 2024 | $434,356 | $434,356 | ▲ $35,266 |
| 2023 | $399,090 | $399,090 | — |
| 2022 | $399,090 | $399,090 | ▼ $400 |
| 2021 | $363,090 | $225,402 | — |
| 2020 | $271,600 | $221,600 | — |
2024 property taxes (current owner): $7,789/yr
Estimated taxes if purchased at asking price: ~$8,600/yr
Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 3,305 current Duval listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $285/sq ft; this home is listed at $358/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 1629 Riverside Avenue 7, Jacksonville, FL 32204Listed by DOUGLAS ELLIMAN FLORIDA | Jun 2025 | $270,000 | $259 | 2/1 | 1,044 | 84 | 0.1 |
| 1661 Riverside Avenue 313, Jacksonville, FL 32204Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | Sep 2026 | $340,000 | $324 | 2/2 | 1,048 | 12 | 0.2 |
| 1661 Riverside Avenue 407, Jacksonville, FL 32204Listed by SPECTRUM REALTY SERVICES | Aug 2026 | $385,000 | $295 | 2/2 | 1,305 | 47 | 0.2 |
| 2030 Herschel Street 2, Jacksonville, FL 32204Listed by COASTAL HOMES NORTH FLORIDA LLC | Aug 2026 | $345,000 | $285 | 2/2 | 1,211 | 171 | 0.3 |
| 2064 Herschel Street 106, Jacksonville, FL 32204Listed by EXP REALTY LLC | Jun 2026 | $245,000 | $246 | 1/2 | 996 | 208 | 0.3 |
| 2159 Riverside Avenue 4, Jacksonville, FL 32204Listed by HOMESMART | Jun 2026 | $225,000 | $214 | 2/1 | 1,053 | 75 | 0.4 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
School Information
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: LUXURY PROPERTY SERVICES GROUP
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
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Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Feb 12, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
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