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.

118 RUM RUNNER Way, St. Johns, FL 32259 (MLS# 2057760)

118 RUM RUNNER Way, St. Johns, FL 32259

$3,700

1-web-or-mls-1_LR_106_Rum_Runner_Way_All

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 2,639 Status: Closed

Current Price: $3,700 List Date: 7/10/2025 Last Modified: 10/01/2026

Overview

Description

Priced to Move - Lowest We've Ever Listed! Don't miss this rare opportunity to rent a stunning, high-end 3 bed / 2.5 bath home in the highly sought-after Atlantica Isles at Beachwalk—now listed at our lowest price ever! Wake up to beach access just steps from your front porch, and wind down with golden sunsets from your private back porch. This luxurious, low-maintenance home offers the ultimate resort-style Beachwalk lifestyle, with upscale finishes, open-concept living, and access to world-class amenities—all within a gated, golf cart-friendly community. Come live where every day feels like a vacation! A great home to entertain company with an open concept from the Kitchen to the dining room and gathering room. The master bath features a free standing soaking tub with a separate shower. Fitness center, crystal lagoon full access, swim up bar, tennis, Put-put greens, Dog water park. Coming soon onsite retail shopping and restaurants.

Listing Details MLS# 2057760

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2639
Living Area Source: Public Records
Year Built: 2022
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Negotiable
Stories: 2
Stories Total: 2
Senior Community YN: No
Direction Faces: Northeast
Directions: Take I 95 to exit 329 East. Head east for 2 miles and Beachwalk will be on your left. Go 1/4 miles to Atlantica Isles on your right. Follow the signs to the sales center. The home is right across.
Public Remarks: Priced to Move - Lowest We've Ever Listed! Don't miss this rare opportunity to rent a stunning, high-end 3 bed / 2.5 bath home in the highly sought-after Atlantica Isles at Beachwalk—now listed at our lowest price ever! Wake up to beach access just steps from your front porch, and wind down with golden sunsets from your private back porch. This luxurious, low-maintenance home offers the ultimate resort-style Beachwalk lifestyle, with upscale finishes, open-concept living, and access to world-class amenities—all within a gated, golf cart-friendly community. Come live where every day feels like a vacation! A great home to entertain company with an open concept from the Kitchen to the dining room and gathering room. The master bath features a free standing soaking tub with a separate shower. Fitness center, crystal lagoon full access, swim up bar, tennis, Put-put greens, Dog water park. Coming soon onsite retail shopping and restaurants.
List Price/SqFt: 1.33
Sold Price/SqFt: 1.4

Property Features

Additional Lease Terms: 12 Months Owner Pays: Association Fees; Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Taxes; Trash Collection Architectural Style: Traditional Levels: Two Appliances: Dishwasher; Disposal; Gas Range; Ice Maker; Microwave; Refrigerator Interior Features: Breakfast Bar; Eat-in Kitchen; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Exterior Features: Balcony Patio And Porch Features: Covered Association Amenities: Clubhouse; Fitness Center; Jogging Path; Tennis Court(s); Trash Association Fee Includes: Pest Control Water Source: Public Parking Features: Attached; Garage Door Opener Security Features: Smoke Detector(s) View: Pond Waterfront Features: Pond Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Water Connected Cooling: Central Air Heating: Central Road Surface Type: Asphalt Road Frontage Type: Private Road Additional Fee Includes: Lease Prep Rent Includes: Gardener; Trash Collection Tenant Pays: All Utilities Pets Allowed: Yes Room Types: Family Room; Loft; Utility Room

Contract Information

Rental Application URL: https://apply.link/qMYuEz8
Property Sub Type: Townhouse
Listing Contract Date: 2024-11-21
Lease Term: 12 Months
Availability Date: 2025-02-01

Location Tax and Legal

Street Number: 118
Street Name: RUM RUNNER
Street Suffix: Way
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Atlantica Isles

Status Change Information

Major Change Timestamp: 2025-10-06T14:29:03Z
Major Change Type: Status Change
Price Change Timestamp: 2025-08-20T01:26:42Z
Purchase Contract Date: 2025-09-04
Close Date: 2025-10-04
Close Price: 3700

Deposits and Fees

Additional Fee: 350
Application Fee: 49
Association Application Fee: 250
Pet Fee/Deposit: 400
Security Deposit: 4000

More Information

Room Information

Room Name
Family Room
Loft
Utility Room

Listing Office: EAGLES WORLD PROPERTY MANAGEMENT

Last Updated: October - 01 - 2026

Information deemed reliable but not guaranteed.