This home is in Ocean Terrace, Jacksonville Beach.
Sold·Closed Jul 10, 2026·4 days on market·Recent sales in Ocean Terrace·Ocean Terrace
4054 Palm Way
Jacksonville Beach, FL 32250
3 more homes for sale in Ocean Terrace →Search Ocean Terrace on the map
About this home
Ocean Terrace
This beautiful 3-bedroom 2-bathroom home located in south Jax Bch less than a mile from the ocean is turnkey. Tile plank flooring throughout with an open floor plan. Kitchen has granite countertops, all new stainless steel appliances great prep island that opens up to dining area and living room. Master bedroom has walk in closet with master bath having a gorgeous walk-in shower with frameless glass. Nice paver patio to relax in the back yard.
Next steps in Ocean Terrace
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, 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.
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $552,349 | $424,462 | — |
| 2024 | $461,793 | $411,793 | — |
| 2023 | $505,885 | $435,757 | — |
| 2022 | $471,609 | $421,609 | — |
| 2021 | $339,604 | $183,679 | — |
| 2020 | $325,591 | $180,453 | — |
Estimated taxes if purchased at asking price: ~$13,600/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.
History
Price & status history
- Jul 21, 2026Closed$699,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $381/sq ft; this home is listed at $433/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 4035 Grande Boulevard, Jacksonville Beach, FL 32250Listed by FLUID REALTY, LLC. | Oct 2026 | $625,000 | $381 | 3/2 | 1,642 | 2 | 0 |
| 3739 Sanctuary Way N, Jacksonville Beach, FL 32250Listed by THE LEGENDS OF REAL ESTATE | Oct 2026 | $589,000 | $374 | 3/2 | 1,574 | 1 | 0.2 |
| 3675 Sanctuary Way S, Jacksonville Beach, FL 32250Listed by ROUND TABLE REALTY | Aug 2026 | $570,000 | $377 | 3/2 | 1,510 | 10 | 0.2 |
| 3715 Sanctuary Way N, Jacksonville Beach, FL 32250Listed by MCWRIGHT PROPERTY MANAGEMENT | Jul 2026 | $570,000 | $297 | 3/2 | 1,920 | 30 | 0.2 |
| 3309 Heron Drive N, Jacksonville Beach, FL 32250Listed by VENTURE REALTY CO, LLC | Sep 2026 | $800,000 | $415 | 3/2 | 1,928 | 7 | 0.5 |
| 3174 Merrill Boulevard, Jacksonville Beach, FL 32250Listed by FLUID REALTY, LLC. | Aug 2026 | $775,000 | $469 | 3/2 | 1,651 | 5 | 0.5 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
Community Information
Amenities
Interior
Additional Information
Listing Courtesy of: BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
The neighborhood
About Ocean Terrace
Ocean Terrace is a neighborhood in Jacksonville Beach, FL (Duval County), ZIP 32250.
View all Ocean Terrace homes for sale →Keep looking
More homes in Ocean Terrace
For Sale1107 1st Street S HJacksonville Beach, FL 32250
2 bd · 2 ba · 1,037 sq ft
$499,000Est. $2,656/moStunning renovated OCEANFRONT TOWNHOME. BUILDING IS EXEMPT from Florida SIRS/MILESTONE STRUCTURAL mandates (2 habitable…
Listing Office: stopa llc
For Sale4045 Seaside Drive EJacksonville Beach, FL 32250
3 bd · 2.5 ba · 2,607 sq ft
$950,000Est. $5,056/moCoastal sophistication meets impeccable style in this stunning South Jacksonville Beach home. Soaring ceilings and…
Listing Office: ponte vedra coastal realty, inc.
For RentLease
1107 1st Street S JJacksonville Beach, FL 32250
2 bd · 2 ba · 1,037 sq ft
$3,200/moExperience coastal living at its finest in this stunning beachfront 2-bedroom, 2-bathroom condo. This FULLY FURNISHED…
Listing Office: nexthome endless summer
Keep looking
Similar homes in Jacksonville Beach
Explore the area
More in Ocean Terrace
Ocean Terrace guides & reports
Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Jul 10, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines