This home is in Jacksonville.

Active

Active·86 days on market

1940 Lakewood Circle S

Jacksonville, FL 32207

$179,900$134/sqftEst. $958/moMLS# 2140873

Beds

Baths

1,341

Sq Ft

1948

Built

—

Garage

Pool

About this home

Jacksonville

Great and rare opportunity to renovate to your own liking in the highly desirable Lakewood neighborhood. Conveniently located close to historic San Marco, great shopping and dining, downtown, beaches in so much more. Large private backyard. The roof was replaced in April 20 24 and house has been re-piped with CPVC Plumbing.

Cost to own

Mortgage calculator

Home Price

$179,900

Down Payment: 20%

$35,980

Interest Rate: 6.49%

Loan Term

Monthly Payment

$909

Principal & Interest: $909

Est. Taxes & Insurance: $227

Estimated Total Monthly

$1,136

*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, 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$958

Property taxesest. at asking price, Duval County$294

Estimated total, before insurance$1,251/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

Year	Market value	Taxable value	Change
2025	$196,364	$196,364	▲ $5,000
2024	$191,646	$191,646	—
2023	$196,622	$191,849	—
2022	$174,409	$174,409	▲ $11,423
2021	$143,149	$35,738	—
2020	$128,371	$34,548	—

Estimated taxes if purchased at asking price: ~$3,500/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 D

Zone D evacuates after zones A, B, C in an approaching storm.

Roof: material not specified — year not disclosed (home built 1948)

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

Sewer & public water · JEA

County records show this parcel on central sewer served by JEA — no septic system to inspect or maintain.

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

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