7920 Merrill Road 116

Jacksonville, FL 32277

$165,000$143/sqftEst. $841/moMLS# 2156691

Beds

Baths

1,157

Sq Ft

2005

Built

—

Garage

Pool

About this home

Jacksonville

Welcome to this well-maintained second-floor end-unit condominium in the gated community of Merrill Pines. With no adjoining neighbor on one side and abundant natural light, this home offers added privacy and an open, inviting feel. Featuring a desirable split-bedroom floor plan, soaring ceilings, and an expansive living and dining area, the layout is designed for both comfort and functionality. The spacious kitchen offers abundant cabinetry, generous counter space, tile flooring, and opens seamlessly to the main living area. The oversized primary suite features a large walk-in closet, en-suite bath, and private covered balcony overlooking mature trees. Two additional bedrooms provide flexibility for guests or a home office. Community amenities include gated access, pool, clubhouse, playground, landscaping, and exterior pest control. Minutes from Mayport, JU, UNF, Town Center, shopping, dining, beaches, and major highways.

Cost to own

Mortgage calculator

Home Price

$165,000

Down Payment: 20%

$33,000

Interest Rate: 6.58%

Loan Term

Monthly Payment

$841

Principal & Interest: $841

Property taxes (est.): $269

Insurance (est.): $110

Estimated Total Monthly

$1,221

*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$841

Property taxesest. at asking price, Duval County$269

HOAbilled monthly$239

Estimated total, before insurance$1,350/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

2025 property taxes (current owner): $2,476/yr

Estimated taxes if purchased at asking price: ~$3,200/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, NEFMLS.

History