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3958 BAYMEADOWS Road #1602, Jacksonville, FL, 32217

4beds
3baths
3,274sqft
$1,294,900
$396price/sqft
$8,819/moest. monthly cost
$352,760/yrincome needed

About This Home

Mediterranean-Style Waterfront Penthouse at The Palazzo On St. Johns Condominiums | Luxury condominium living on the 6th floor, defines this spacious 3,274 sq. ft. custom penthouse overlooking Goodby's Creek with serene waterfront and preserve views, abundant natural light and privacy. One of only two penthouses within The Palazzo On St. Johns, this residence is the largest unit within the community. Fully built out in 2022 from an original shell, this 4-bedroom, 3-bath home with office or flex space, private balcony, and expansive terrace was meticulously completed with intentional design and architectural clarity. Every interior finish was carefully selected, resulting in a refined Transitional interior that blends modern sophistication with classic, timeless elements. A private elevator opens directly into a dedicated foyer, creating a secure and distinguished arrival. Wide archways introduce generously proportioned living spaces where oversized windows frame tranquil creek and preserve views. Select vantage points provide distant views of the St. Johns River. The open-concept layout seamlessly connects the living room, dining area, family room and kitchen, creating an elegant and cohesive setting for both everyday living and entertaining. Chef's Kitchen Features: - Custom cabinetry designed for abundant storage with pull-out drawers and functional organization - Built-in pantry - Quartz countertops with waterfall island and seating - Quartz farmhouse sink - ZLINE commercial-grade gas range with double oven - ZLINE dishwasher - Stainless steel appliances with microwave drawer Light-toned oak hardwood flooring in natural finish extends throughout the main living areas and bedrooms. The private elevator foyer features brick flooring. Bathrooms include tile flooring. The flex or media room incorporates sound-reducing carpet for added comfort. Primary Suite: The primary bedroom features floor-to-ceiling windows overlooking Goodby's Creek and direct access to a covered balcony, creating a private retreat within the residence. Two custom closets provide well-designed storage. The en suite bath includes: - Dual custom wood vanities - Oversized walk-in shower with Schluter waterproofing system - Freestanding soaking tub Three additional bedrooms are positioned in a split layout, offering separation and privacy. All bathrooms include Schluter shower systems for enhanced moisture protection and long-term durability. Flexible Space: A separate bonus room may function as a home office, media room, fitness space or optional fifth bedroom, providing flexibility within the floor plan. Outdoor and Community Features: - Expansive terrace balcony currently unfinished and ready for customization - Waterfront setting on Goodby's Creek - Navigable deepwater access to the St. Johns River and the Atlantic Ocean - Private dock - Boat slip options available - Kayak launch and storage - Private waterfront community pathway - Community fitness center with creek views - Abundant guest parking throughout the community - Public boat launch nearby Additional Features: - PGT® impact-resistant windows - Association fee includes AT&T 1,000 Mbps internet, gas, water, sewer, trash and maintenance of grounds In Jacksonville's established Lakewood area, this private waterfront community provides a quiet residential setting with convenient access to major roadways, Downtown Jacksonville, San Marco Square, the St. Johns Town Center and the Beaches.

Getting Around

40
WalkingCar-Dependent
25
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

4/10
2/10
6/10

Construction

Condition

  • Year built: 2014

Materials

  • Roof: Tile
  • Construction materials: Other,Block,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Spanish
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Dryer,Gas Oven,Gas Range,Ice Maker,Microwave,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,In Unit,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Elevator,Entrance Foyer,His and Hers Closets,Kitchen Island,Open Floorplan,Primary Bathroom -Tub with Separate Shower,Smart Thermostat,Split Bedrooms,Walk-In Closet(s)
  • Window features: Impact Windows
  • Flooring: Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,Zoned
  • Cooling features: Central Air,Electric,Multi Units,Separate Meters,Zoned

Interior Area

  • Total interior livable area: 3,274 sqft

Property

Accessibility

  • Accessibility features: Accessible Bedroom,Accessible Closets,Accessible Common Area,Accessible Doors,Accessible Elevator Installed,Accessible Entrance,Accessible Stairway,Accessible Washer/Dryer

Details

  • Parcel number: 1525571042
  • Attached to another structure: Yes
  • Zoning description: Condominium

Features

  • Levels: One
  • Stories: 6
  • Patio & porch: Covered,Patio,Terrace
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Canal,Creek/Stream,River,Water
  • Has water view: Yes
  • Water view: Canal,Creek/Stream,River,Water
  • On waterfront: Yes
  • Waterfront features: Canal Front,Navigable Water,Ocean Access,River Access

Lot

  • Lot size: 435.60 sqft

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Assigned,Covered,Garage,Gated
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Duval County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,547$78,564
Home Insurance *$1,134$13,608
Property Taxes $809$9,708
Electricity $329$3,953
Total$8,819$105,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$302,365/yr
40% on housing$264,570/yr
45% on housing$235,173/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$396This listing

vs Other Active Listings

Avg $/sqft

ZIP 32217$173
Duval County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 32217$204
Duval County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$1,294,900
2026-03-02Listed for sale$1,299,900
2026-01-01Listing removed$1,340,000
2025-09-10Price change$1,340,000
2025-06-07Listed for sale$1,350,000
2025-04-01Listing removed$1,350,000
2025-03-18Price change$1,350,000
2025-03-04Price change$1,389,000
2024-08-31Listed for sale$1,399,000
2022-04-29Sold$875,000
2022-03-07Sold$700,000
2022-01-27Pending sale$750,000
2021-02-21Listed for sale$750,000

For Sale by Agent

AgentJESSICA K ADAMS
BrokerageTHE LEGENDS OF REAL ESTATE

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