Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

0 BULLS BAY Highway, Jacksonville, FL 32220 (MLS# 2164783)

0 BULLS BAY Highway, Jacksonville, FL 32220

$25,000

Property Type: Commercial Lease Lot Size (sq. ft.): 234,788 Status: Active

Current Price: $25,000 List Date: 9/14/2026 Last Modified: 10/27/2026

Overview

Description

Industrial yard for lease: ±5.39 acres at 50 Jackson Ave N, Jacksonville, FL 32220 (Bulls Bay / West Jacksonville), at W Beaver St (US 90) and Nevada St. County may still show 0 Bulls Bay Hwy; RE# 006222-0230. Zoned PUD, Bulls Bay PUD (Ord. 2022-606). Ideal for trucking, laydown, outdoor storage, contractor and equipment yards. Site preparation underway for a ready yard by December 1, 2026 (clearing, grading, drainage, 6" crushed rock, fencing; wetlands mitigated). Available December 1, 2026. Base rent $25,000/month, NNN-style; tenant pays utilities, property taxes, and insurance. Interstate access: I-10 is 0.8 mi (about 2 min) to the Hammond Blvd on-ramp at Exit 355; I-295 is 2.2 mi (about 5 min) via Commonwealth Ave at Exit 22. PUD notes: no access from Nevada St; access via Bulls Bay Hwy; 10-ft undisturbed buffer along Nevada St and Jackson Ave N.

Listing Details MLS# 2164783

General Property Information

Accessibility Features YN: Yes
Lot Size Acres: 5.39
Directions: - Industrial yard / outdoor storage / laydown / trucking - Near I-10 (Exit 355 / Old Plank-Bulls Bay area), 0.8 mi, 2 min - I-295 access via Commonwealth corridor, 2.2 miles, 5 min - West Jacksonville
Public Remarks: Industrial yard for lease: ±5.39 acres at 50 Jackson Ave N, Jacksonville, FL 32220 (Bulls Bay / West Jacksonville), at W Beaver St (US 90) and Nevada St. County may still show 0 Bulls Bay Hwy; RE# 006222-0230. Zoned PUD, Bulls Bay PUD (Ord. 2022-606). Ideal for trucking, laydown, outdoor storage, contractor and equipment yards. Site preparation underway for a ready yard by December 1, 2026 (clearing, grading, drainage, 6" crushed rock, fencing; wetlands mitigated). Available December 1, 2026. Base rent $25,000/month, NNN-style; tenant pays utilities, property taxes, and insurance. Interstate access: I-10 is 0.8 mi (about 2 min) to the Hammond Blvd on-ramp at Exit 355; I-295 is 2.2 mi (about 5 min) via Commonwealth Ave at Exit 22. PUD notes: no access from Nevada St; access via Bulls Bay Hwy; 10-ft undisturbed buffer along Nevada St and Jackson Ave N.

Property Features

Accessibility Features: Accessible Entrance; Visitable Additional Lease Terms: Negotiable Building Features: Fenced; Outside Storage Business Type: Construction/Contractor; Distribution; Industrial; Parking; Storage; Transportation Current Use: Industrial Existing Lease Type: NNN Fencing: Chain Link; Fenced; Full Lease Includes: Land Only Lot Features: Cleared; Corner Lot Owner Pays: None Parking Features: Gated Road Frontage Type: City Street; Highway Security Features: Security Fence; Security Gate Special Listing Conditions: Standard Tenant Pays: All Utilities; Exterior Maintenance; Insurance; Other Tax; Taxes

Contract Information

Base Rent Per Year: 300000
Listing Contract Date: 2026-09-01
Property Sub Type: Industrial
Availability Date: 2026-12-01

Location Tax and Legal

Street Name: BULLS BAY
Street Suffix: Highway
County: Duval
State: FL
Postal Code: 32220
MLS Area Major: 081-Marietta/Whitehouse/Baldwin/Garden St

Status Change Information

Major Change Timestamp: 2026-10-27T12:40:46Z
Major Change Type: Price Change
Price Change Timestamp: 2026-10-27T12:40:46Z

More Information

Documents

Property Information Package ›

Zoning ›

Listing Office: INI REALTY

Last Updated: October - 27 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Let’s Connect

Contact Detail

Newsletter

Subscribe to Zelda’s Market Updates & Newsletter

By submitting this form, you are consenting to receive marketing emails from: Go Zelda. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

Compare listings

Compare