6 months on rocket

505 Lancaster St Unit 15Ab, Jacksonville, FL, 32204

$1,125,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths
3,200 SqFt
$352/SqFt
Condo

Location

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505 Lancaster St Unit 15Ab, Jacksonville$1,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned, Garage, Garage Door Opener, Guest, Off Street, Parking Lot, Secured, Underground
Garage2 spaces
Year Built1984
HeatingCentral, Electric, Zoned
CoolingCentral Air, Electric, Zoned
ViewCity, River
MLS #2033004
Lot Size0.01 Acres
StatusActive

About 505 Lancaster St Unit 15Ab

Ahead of almost all Florida condo buildings, Park Plaza passed the 10 year milestone inspection / Structural Integrity Reserve Study (SIRS) with an A rating! The condo reserves are very healthy and the Florida insurance costs should hopefully be factored into the 2025 HOA fees, so buy into the best-managed condo building in Florida! With 15AB, you could make your own oasis in the sky as you are on the second highest floor with incredible, unobstructed 180 degree riverfront views including views of the beautiful downtown Jacksonville skyline. This condo not only has floor-to-ceiling window views but beautiful oak floors, huge walk-in closets, two spacious primary suites, 3 full baths and the most prime garage parking space closest to the two fast, large elevators. Entertain friends in your gigantic living room or in the recently renovated community Club room overlooking the beautiful riverside pool in well-run Park Plaza. Park Plaza just passed the 10 year milestone inspection / Structural Integrity Reserve Study (SIRS) with an A rating! The building is in incredible shape, the condo reserves are healthy and the building just voted for a modest increase in the 2025 HOA fees to hopefully cover expected rising Florida insurance costs, so come buy into the best condo building in Florida! Park Plaza will be the closest waterfront condo building to the soon-to-be-built Whole Foods! Pull into your prime reserved garaged parking space in luxurious Park Plaza, take the elevator to the 15th floor to your mansion in the sky with floor-to-ceiling windows overlooking the St. John's River from nearly every room in this magnificent condo with 3200 square feet of interior square feet and nearly 800 square feet of private outdoor space. This is a once in a lifetime opportunity to buy 180 degree St. John's River views with beautiful oak floors. The condominium is 2 units that were combined to be one unit with a focus on having a lot of space for entertaining and room-size closets for admiring your clothes. You will have high floor views of the St. John's River from nearly every room including from the massive primary bathroom. Other than the priceless views where you often see dolphins frollicking, you will have 2 primary suites with a total of 3 full bathrooms. The larger primary suite has two gigantic walk-in closet dressing rooms, jacuzzi tub, shower and double vanity that overlooks the Jacksonville skyline. The second primary suite also has a walk-in closet. The living room and dining room could comfortably entertain dozens of friends. The unit also has a laundry room and a renovated kitchen featuring a paneled refrigerator, dishwasher and water filter. Many of the sliding doors boast electric hurricane shutters. The larger primary suite has shutters on every floor-to-ceiling sliding door and window so they serve as blackout shades. Park Plaza is an impeccably maintained building that is lovingly cared for by its owners and staff. As said above, the building passed its milestone inspection with flying colors and is structurally sound. Residents and workers praise the manager and porter of the building for being a delight to work with. Residents enjoy reserved parking in the garage and ample gated guest parking. This unit comes with 2 reserved parking spaces, one in a prime location that is the closest space to the elevator. There's a private-to-the-building dog park and a beautiful pool overlooking the river. There is also a recently renovated lobby. The facade was recently redone at great expense and residents regularly meet to socialize in the club room and conference room with a kitchen overlooking the pool and river. You can easily reserve this room if you'd like to host an event downstairs. Two quick elevators serve the building so you're hardly ever waiting for the elevator. Garbage chutes and recycling bins are on every floor and the building recently installed a building-wide water softener system. The monthly HOA fees fees for 2024 were $815 per unit or $1630 for this double unit. The building will vote in early December 2024 that the 2025 HOA fees will be $935 per unit, so $1870 for this double unit. The second parking space costs $8 a month and one storage unit in the garage that will be included in the sale costs $10 a month. So the total for this unit will be $1,888 a month for 2025.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1984
  • Stories: 15
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: NORVILLE REALTY INC
  • Listing Agent: GRANT COOPER

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Wood
  • Interior: Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Guest Suite, His and Hers Closets, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City, River
  • Exterior: Balcony, Outdoor Shower, Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Assigned, Garage, Garage Door Opener, Guest, Off Street, Parking Lot, Secured, Underground

Virtual/3D Tour

  • Virtual Tour: 505 Lancaster St Unit 15Ab
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Dead End Street, Historic
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Electric, Zoned

Other

Directions Information:

  • Directions: From 95 North take Park Street exit, go south on Park Street, Take Left on Riverside Park Place, then right on Riverside Ave and then take a careful left on LOMAX Street (The Lancaster Entrance has a GATE), go towards the river and just before the river, there's a ramp on the right to the guest parking. Take the right up the ramp and park in the Guest Parking Lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000
  • Price Per SqFt: $352/SqFt

HOA Fees:

  • Amount: $1888
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Jacksonville, FL.

Med. Sold Price

$307.1K

Med. Price/SqFt

$188

Avg. Days On Market

61

# of Sold Homes

682

505 Lancaster St Unit 15Ab vs Jacksonville

183 DAYS ON ROCKET

+122 Days

$1,125,000

+$817.8K More

$352/SqFt

+$163 More

KEY TAKEAWAY

This property is $817.8K more than the Median Sold Price and $163/SqFt more than other homes in Jacksonville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: realMLS (Northeast Florida Multiple Listing Service)
  • MLS Number: #2033004

Listing Office:

  • Office Name: NORVILLE REALTY INC
  • Listing Agent: GRANT COOPER

Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,570

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-827583
6
/10
  • Central Riverside Elementary School

  • 2555 Gilmore St

  • 1.03 miles

  • Public Magnet Grades KG-5

school-card-donut-827584
6
/10
  • West Riverside Elementary School

  • 2801 Herschel St

  • 1.17 miles

  • Public Magnet Grades PK-5

school-card-donut-827585
9
/10
  • Hendricks Avenue Elementary School

  • 3400 Hendricks Ave

  • 2.15 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,853. The most common annual income of people living in Jacksonville, FL is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Lancaster St Unit 15Ab

What is the listing price of this property?

The listing price of 505 Lancaster St Unit 15Ab property is $1,125,000.

What type of property is this?

The property 505 Lancaster St Unit 15Ab is a condo located in Jacksonville, Florida, 32204.

Is this property for sale now?

Active Listing: 505 Lancaster St Unit 15Ab is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Lancaster St Unit 15Ab has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 505 Lancaster St Unit 15Ab is 3,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Lancaster St Unit 15Ab is 1984.

Rocket Homes›Florida›Duval County›Jacksonville›32204›505 Lancaster St Unit 15Ab

This home is located at 505 Lancaster St Unit 15Ab in Jacksonville, FL and zip code 32204 in the Northwest Jacksonville neighborhood. This 3,200 square foot home, which was built in 1984, sits on a 0.01 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $1,125,000.

While more than 92 listings in Jacksonville, FL in November 2024 were sold above asking price, there were more than 166 listings sold at asking price, and more than 424 were sold below. The number of homes for sale in Jacksonville, FL increased by 2.6% between October 2024 and November 2024. Listings spent 61 days on the market in November 2024, and had a median list price of $307,139 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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