Condo / High-rise home in Jacksonville, FL
This Condo condo in Jacksonville, FL offers 2 bedrooms and 3 bathrooms across 3,600 square feet. Notable features include lake / river / water view, hardwood floors, and walk-in closet. The Condo styling carries through the home's design.
| Price | $3,000,000 |
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| Beds | 2 |
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| Baths | 3 |
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| Sqft | 3600 |
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| Architectural style | Condo / High-rise (100% match) |
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| Address | 505 LANCASTER Street #9A-B, Jacksonville, FL 32204 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: hardwood floors, lake / river / water view, walk-in closet.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $3M, this home is 1526% above the $185K median for 291 similar Condo / High-rise homes in Jacksonville, FL.
- That works out to $833 per square foot, 421% above the $160 comparable rate.
- On the market 23 days.
| This home | $3,000,000 |
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| Condo / High-rise median in Jacksonville, FL | $184,500 (291 homes) |
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| Price per sq ft | $833 vs. $160 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $19,821/month with 20% down at a 7.28% 30-year fixed rate. You would need about $849,475 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $16,421/mo |
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| Property tax (new-buyer reassessed rate) | $2,275/mo |
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| Homeowners insurance | $1,125/mo |
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| Total monthly | $19,821/mo |
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| Down payment (20%) | $600,000 |
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| Income needed | $849,475/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (70 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (70/100) |
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| Beats renting in | 27% of modeled paths |
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| Modeled 5-yr equity (median) | $1,651,656 |
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| Range (10th to 90th pct) | $1,028,733 to $2,386,477 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Jacksonville, FL where local data is thin.
Local home values
Typical home values in Jacksonville, FL have risen about 18% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia