505 Lancaster Street 15ab Jacksonville, FL 32204
Listing Courtesy of: NORTHEAST FLORIDA / Norville Realty Inc

  505 Lancaster Street 15ab Jacksonville, FL 32204

Active (187 Days)
$1,125,000
2
BED
3
BATH
3,200
SQFT

Description

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 River Room overlooking the beautiful riverside pool, palm trees and the St Johns River 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 voted in December 2024 that the 2025 HOA fees will be $935 per unit, so $1870 for this double unit. The second garaged parking space costs $8 a month and one garage storage unit, if purchased, costs $10 a month. So the total for this unit will be $1,888 a month for 2025.

MLS #:
2033004
Lot Size
436 SQFT
Type
Condo
Year Built
1984
Style
Contemporary
Views
City, River
County
Duval County

Listed By

Grant Cooper, Norville Realty Inc
Source
NORTHEAST FLORIDA
Last checked Dec 26 2024 at 10:56 AM EST
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • 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)
  • Appliance: Dishwasher
  • Appliance: Disposal
  • Appliance: Dryer
  • Appliance: Electric Cooktop
  • Appliance: Electric Oven
  • Appliance: Electric Water Heater
  • Appliance: Microwave
  • Appliance: Refrigerator
  • Appliance: Washer
  • Laundry: Electric Dryer Hookup
  • Laundry: In Unit
  • Laundry: Washer Hookup
Subdivision
  • Park Plaza
Lot Information
  • Corner Lot
  • Dead End Street
  • Historic Area
Heating and Cooling
  • Central
  • Electric
  • Zoned
  • Central Air
Homeowners Association Information
  • Dues: $1888/Monthly
Flooring
  • Carpet
  • Wood
Exterior Features
  • Concrete
  • Stucco
Utility Information
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Parking
  • Additional Parking
  • Assigned
  • Garage
  • Garage Door Opener
  • Guest
  • Off Street
  • Parking Lot
  • Secured
  • Underground
Stories
  • 1
Living Area
  • 3,200 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 30, 2024
Price Changed
$1,125,000
-2%
-25,000
Jul 19, 2024
Price Changed
$1,150,000
-2%
-25,000
Jun 21, 2024
Original Price
$1,175,000
-
-
Disclaimer: Copyright 2024 Northeast FL MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/26/24 02:56