This home is in Jacksonville.
Active·134 days on market
1560 Lancaster Terrace 908
Jacksonville, FL 32204
About this home
Jacksonville
This lovely riverfront condo located in one of Jacksonville's best condo buildings is ready for its new owner. The current owner has lived in and lovingly cared for it since 1984! Interiors were done by the noted interior designer, Ward Larisey. His work is certainly a testimonial that good design never goes out of style. The unit, located on the 9th floor, has stunning views of the St. Johns river and the refreshing pool deck below. The kitchen was renovated in 2020 with modern and luxurious white lacquer cabinetry. This high end look includes separate refrigerator and freezer columns. The unit also has ADUNDANT storage. Located in one of the most walkable sections of Jacksonville, you can stroll to Memorial Park which is a 9 acre riverfront park. You can also live like the French and walk to grocery store for your daily meal supplies. Other walkable areas include the Cummer Museum, Riverside Arts Market, YMCA and many local boutiques and restaurants. Deeded parking too! Call today!
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 | $278,200 | $60,326 | — |
| 2024 | $278,200 | $57,778 | ▲ $22,700 |
| 2023 | $255,500 | $54,494 | — |
| 2022 | $255,500 | $55,805 | — |
| 2021 | $250,500 | $52,709 | — |
| 2020 | $243,500 | $51,285 | — |
2025 property taxes (current owner): $1,263/yr
Estimated taxes if purchased at asking price: ~$10,400/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 X (shaded) — moderate flood risk (0.2% annual chance)
Flood insurance is optional but often inexpensive here — worth pricing.
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 1962)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Likely sewer
County records indicate this parcel on central sewer — no septic system to inspect or maintain.
Source: Florida DOH Water Management Inventory (public record).
Solar potential: ~1,402 usable sun-hours per year
Moderate solar exposure — shade or roof orientation limits panel output here.
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
- Mar 5, 2026Listed$530,000
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: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Krista Fracke
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