This home is in Jacksonville.
Active·226 days on market
1596 Lancaster Terrace 7A
Jacksonville, FL 32204
About this home
Jacksonville
***PRICE REDUCTION***. This is a must see, 7th floor condo unit with panoramic views looking out over the St. Johns river, downtown and Memorial Park. Located in the heart of Riverside within walking distance to restaurants, parks, Cummer Art Museum and grocery stores. The main lobby and garage have secured entry. This unit comes with 1-garage space and storage room. There is a 2nd floor pool and gym. The entry to the unit has double doors opening up to parquet flooring. The living/dining room is large with a fireplace and opens to the enclosed breakfast area and patio where you can look out at the river and watch for dolphins. It has 3 nice size bedrooms with each having its own full bathroom and plenty of closet space. It just needs some cosmetic and updates. Being sold ''As Is''. ***Buyer to do own due diligence and verify any and all information. Including HOA info***
Cost to own
Mortgage calculator
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, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
- • 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.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $547,500 | $547,500 | ▼ $57,000 |
| 2024 | $604,500 | $604,500 | ▲ $52,500 |
| 2023 | $552,000 | $257,933 | — |
| 2022 | $448,500 | $248,965 | — |
| 2021 | $422,000 | $240,258 | — |
| 2020 | $375,000 | $236,251 | — |
2025 property taxes (current owner): $9,743/yr
Estimated taxes if purchased at asking price: ~$7,600/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.
Storms & insurance
Florida Reality Check
The storm-and-insurance facts every Florida buyer should know up front.
Zone AE — high-risk flood zone (Special Flood Hazard Area)
Lenders require flood insurance for financed purchases here.
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Hurricane evacuation zone B
Zone B evacuates after zone A in an approaching storm.
Roof: material not specified — year not disclosed (home built 1974)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer & public water · JEA Water/Sewer
County records indicate this parcel on central sewer served by JEA Water/Sewer — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,636 usable sun-hours per year
A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeInformational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.
History
Price & status history
- Dec 3, 2025Listed$389,900
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: REAL ESTATE ASSET DISPOSITION CORP.
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Your Local Expert
Krista Fracke
Broker Associate
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