This home is in Jacksonville.
Active·61 days on market
1560 Lancaster Terrace 508
Jacksonville, FL 32204
About this home
Jacksonville
Wake up to stunning views of the St. Johns River in this elegant two-bedroom luxury condo nestled in the coveted Riverside & 5 Points area. Freshly painted and featuring brand-new carpet, the home is accented by hardwood floors in one bedroom, the foyer, and kitchen, offering timeless character and sophistication. A spacious primary bathroom and abundant closet space enhance everyday comfort, while the unit includes a dishwasher, oven, and in-unit washer and dryer (refrigerator not included). Enjoy covered garage parking, a beautiful riverfront pool, and the peace of mind of a 24/7 manned lobby. Just steps from premier dining, boutiques, parks, and the riverwalk, this condo offers refined living with effortless walkability.
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 | $278,200 | — |
| 2024 | $278,200 | $278,200 | ▲ $22,700 |
| 2023 | $255,500 | $255,500 | — |
| 2022 | $255,500 | $255,500 | — |
| 2021 | $250,500 | $250,500 | — |
| 2020 | $243,500 | $243,500 | — |
2025 property taxes (current owner): $4,965/yr
Estimated taxes if purchased at asking price: ~$7,800/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 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
- Jul 17, 2026Price change$399,999−$11,801
- May 17, 2026Listed$411,800
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: BYERS PROPERTIES, INC.
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Krista Fracke
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