This home is in Jacksonville.

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Pending

Pending·115 days on market

1586 Palm Avenue 1586

Jacksonville, FL 32207

$195,000$302/sqftEst. $1,038/moMLS# 2136428

Beds

Baths

646

Sq Ft

1941

Built

—

Garage

Pool

About this home

Jacksonville

Live the San Marco Lifestyle on the St. Johns River! Wake up to sweeping river views in this fully renovated 1-bedroom condo, perfectly located in the heart of historic San Marco one of Jacksonville's most desirable areas. This move-in-ready unit offers modern upgrades without the premium price tag, featuring a redesigned kitchen with white shaker cabinets, quartz countertops, mosaic tile backsplash with stainless steel appliances! Enjoy durable luxury vinyl plank flooring throughout, a fully updated bathroom, and large windows that fill the space with natural light and showcase peaceful water views. Step onto your private covered patio perfect for morning coffee or unwinding by the river. Just minutes to San Marco Square and Downtown Jacksonville, this is ideal for professionals, downsizers, or investors. Priced to sell don't miss this rare opportunity.

Cost to own

Mortgage calculator

Home Price

$195,000

Down Payment: 20%

$39,000

Interest Rate: 6.55%

Loan Term

Monthly Payment

$991

Principal & Interest: $991

Est. Taxes & Insurance: $248

Estimated Total Monthly

$1,239

*Estimates based on 30-year loan at 6.55% APR (avg 30-yr rate 2026-07-16, Freddie Mac PMMS via FRED). Actual payments 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 · 7.0% · 30yr$1,038

Property taxesest. at asking price, Duval County$318

HOAbilled monthly$386

Estimated total, before insurance$1,743/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, 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

Last sold: $245,000 in January 2024(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$208,380	$157,658	—
2024	$208,380	$198,742	—
2023	$172,500	$149,090	—
2022	$148,350	$135,537	—
2021	$140,875	$123,216	—
2020	$129,375	$112,015	—

2025 property taxes (current owner): $2,990/yr

Estimated taxes if purchased at asking price: ~$3,800/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 A

Zone A evacuates first in a storm — typically coastal and surge-prone areas.

Roof: material not specified — year not disclosed (home built 1941)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Likely septic

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,735 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

Informational 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