This home is in Jacksonville.

1 / 27

Active

Active·135 days on market

400 Bay Street 404

Jacksonville, FL 32202

$225,000$168/sqftEst. $1,147/moMLS# 2134250

Beds

Baths

1,338

Sq Ft

2003

Built

—

Garage

Pool

About this home

Jacksonville

Explore this condominium located on the fourth floor of the Berkman Plaza. This unit features a split floor plan with refinished wood floors, new interior paint, a living room with a fireplace, separate dining area, an open kitchen with stainless steel appliances and granite countertops, and rear patio views of downtown Jacksonville, Florida. This is a Fannie Mae HomePath property. First-time buyers, complete the HomePath Ready Buyer homeownership course on HomePath. Attach certificate to offer up to 3% closing cost assistance. Check HomePath for more details. Restrictions apply.

Cost to own

Mortgage calculator

Home Price

$225,000

Down Payment: 20%

$45,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$1,147

Principal & Interest: $1,147

Property taxes (est.): $367

Insurance (est.): $150

Estimated Total Monthly

$1,665

*30-year loan at 6.58% APR (avg 30-yr rate 2026-07-23, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.58% · 30yr$1,147

Property taxesest. at asking price, Duval County$367

HOAbilled monthly$1,173

Estimated total, before insurance$2,687/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$4,610/yr · $384/mo

• 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).

Cost to own

Taxes & assessment

Last sold: $314,900 in March 2023(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$242,000	$242,000	▼ $19,500
2024	$261,500	$261,500	—
2023	$261,500	$261,500	—
2022	$223,000	$160,126	—
2021	$215,500	$154,006	▲ $24,500
2020	$212,500	$151,190	—

2025 property taxes (current owner): $4,610/yr

Estimated taxes if purchased at asking price: ~$4,400/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 — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

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 2003)

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: ~1,620 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 home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History