Work directly with Krista on any home here · Broker Associate · 20+ years · 500+ closings · Christie's International Real Estate First Coast

This home is in Jacksonville — a gated community home in Jacksonville.

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Active

Active·1 day on market

7920 Merrill Road 306

Jacksonville, FL 32277

$169,990$152/sqftEst. $873/moMLS# 2161371

Beds

Baths

1,118

Sq Ft

2006

Built

—

Garage

Pool

About this home

Jacksonville

Welcome home to this move-in ready, spacious 1,118 sq. ft. condo located in a desirable gated community! Featuring 2 beds and 2 full baths, this home boasts a bright, freshly painted interior and brand-new tile flooring flowing seamlessly through the kitchen and living areas. The updated kitchen features a convenient breakfast bar, a new kitchen sink, and stays fully equipped with brand new appliances including the fridge, stove, dishwasher, microwave, plus the washer and dryer! Relax in the master suite complete with an upgraded bath highlighting a new walk-in glass-door shower and sleek new fixtures. Enjoy turnkey peace of mind with a 1-year-young HVAC system. Step outside to your private back patio enclosed by a privacy fence, perfect for morning coffee. Premium community amenities include a private clubhouse and refreshing pool. Prime Jacksonville location with unbeatable access to beaches, UNF, St. Johns Town Center, I-295, and Jacksonville International Airport.

Cost to own

Mortgage calculator

Home Price

$169,990

Down Payment: 20%

$33,998

Interest Rate: 6.65%

Loan Term

Monthly Payment

$873

Principal & Interest: $873

Property taxes (est.): $278

Insurance (est.): $113

Estimated Total Monthly

$1,264

*30-year loan at 6.65% APR (avg 30-yr rate 2026-08-20, 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 · 6.65% · 30yr$873

Property taxesest. at asking price, Duval County$278

HOAbilled monthly$239

Estimated total, before insurance$1,390/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$2,133/yr · $178/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, 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 (that applies to the reference bill above too).

Cost to own

Taxes & assessment

2025 property taxes (current owner): $2,133/yr

Estimated taxes if purchased at asking price: ~$3,300/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.

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.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Shingle — year not disclosed (home built 2006)

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: ~1,702 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

As of August 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History