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.

10 N 11TH Avenue N 101, Jacksonville Beach, FL 32250 (MLS# 2161348)

10 N 11TH Avenue N 101, Jacksonville Beach, FL 32250

$499,999

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,000 Lot Size (sq. ft.): 436 Status: Active

Current Price: $499,999 List Date: 8/22/2026 Last Modified: 10/30/2026

Overview

Description

Imagine hearing the waves and seagulls from your living room in this FULLY FURNISHED OCEANFRONT condo just steps from the Jacksonville Beach Pier! This 2BR/2BA ground-floor unit is one of only two downstairs oceanfront residences in the building and is a highly sought-after option among guests visiting the area for medical treatment, including stays near Mayo Clinic. The location offers convenient access to the beach, pool and parking, making it especially desirable for extended stays. SHORT-TERM RENTALS ALLOWED! Already operating as a furnished STR/Airbnb, this is a true turn-key opportunity for an investor or beach getaway. Enjoy an unbeatable location approximately 2 miles from Atlantic Beach shops and restaurants, 6 miles from Mayo Clinic and less than 8 miles from Mayport Naval Station. Two uncovered parking spaces included. One of two side-by-side oceanfront units currently available (see MLS #2125776).

Supplements: The HOA is in great shape, with major building improvements recently completed, including a new roof, elevator, railings, resurfaced pool and decking, parking pavement, drainage, landscaping, garage gate, exterior concrete resurfacing and resurfaced walkways. The condo is offered fully furnished and ready for continued short-term rental use or per ... (Read more)

Listing Details MLS# 2161348

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1000
Living Area Source: Public Records
Year Built: 1984
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 1026
Association Fee Frequency: Monthly
Association Name: Beachdrifter Owners Association
Association Phone: 904-432-1207
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Stories: Yes
Stories Total: 4
Entry Level: Yes
Senior Community YN: No
Directions: From Beach Blvd and 3rd St. N., Head North on 3rd Street. Right on 11th Ave. N. Last building on the right before you hit the beach.
Public Remarks: Imagine hearing the waves and seagulls from your living room in this FULLY FURNISHED OCEANFRONT condo just steps from the Jacksonville Beach Pier! This 2BR/2BA ground-floor unit is one of only two downstairs oceanfront residences in the building and is a highly sought-after option among guests visiting the area for medical treatment, including stays near Mayo Clinic. The location offers convenient access to the beach, pool and parking, making it especially desirable for extended stays. SHORT-TERM RENTALS ALLOWED! Already operating as a furnished STR/Airbnb, this is a true turn-key opportunity for an investor or beach getaway. Enjoy an unbeatable location approximately 2 miles from Atlantic Beach shops and restaurants, 6 miles from Mayo Clinic and less than 8 miles from Mayport Naval Station. Two uncovered parking spaces included. One of two side-by-side oceanfront units currently available (see MLS #2125776).
List Price/SqFt: 500

Property Features

Rental Restrictions: 3 Days Appliances: Convection Oven; Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Freezer; Microwave; Refrigerator; Washer/Dryer Stacked Flooring: Carpet; Tile Laundry Features: In Unit Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security Gate Patio And Porch Features: Covered; Patio Parking Features: Assigned View: Pool Water Body Access Type: Community; Navigable; Public Accessible Waterfront Features: Navigable Water; Ocean Access; Ocean Front Current Use: Residential; Single Family Association Amenities: Beach Access; Community Pool; Elevator(s) Possession: Close Of Escrow; Subject To Tenant Rights Listing Terms: Cash; Conventional