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.

1301 S 1ST Street 701, Jacksonville Beach, FL 32250 (MLS# 2071673)

1301 S 1ST Street 701, Jacksonville Beach, FL 32250

$970,000

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1301 1st St S Jacksonville-large-002-047

1301 1st St S Jacksonville-large-036-045

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,566 Status: Closed

Current Price: $970,000 List Date: 3/02/2025 Last Modified: 8/20/2026

Overview

Description

Welcome to Unit 701 at Ocean 14 where breathtaking ocean views and luxurious living come together to create the ultimate coastal retreat. This stunning corner unit three-bedroom, two-bathroom condo offers 1,566 sq. ft. of meticulously designed living space, featuring floor-to-ceiling windows that showcase panoramic views of the Atlantic. Step inside to discover an open and inviting layout with a fully updated kitchen, complete with top-of-the-line cabinetry and brand-new stainless steel appliances. The expansive living and dining areas provide the perfect setting for entertaining or simply relaxing while enjoying the stunning ocean backdrop. The master suite is a true sanctuary, offering full ocean views and direct balcony access, where you can wake up to the soothing sound of the waves. Throughout the unit, luxury vinyl plank and tile flooring enhance both style and durability. Home offers larger balcony Owner owns a garage space which they will sell separate from unit for $60,000

Supplements: Don't miss this rare opportunity to own a piece of paradise at Ocean 14 Convenience is key for this one-of-a-kind unit. There are two available parking spaces and a secured oversized storage unit across from the elevator on the 7th floor. Residents of this exclusive community enjoy amenities which include a resort-style swimming pool, exercise r ... (Read more)

Listing Details MLS# 2071673

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1566
Living Area Source: Public Records
Year Built: 1976
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Association YN: Yes
Association Fee: 1463
Association Fee Frequency: Monthly
Association Name: Stellar Properties
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
Furnished: Unfurnished
Stories: 7
Stories Total: 17
Entry Level: 7
Senior Community YN: No
Direction Faces: Northeast
Directions: From Third St heading north turn on 13th St S. Ocean 14 will be between 13th St and 14th st
Public Remarks: Welcome to Unit 701 at Ocean 14 where breathtaking ocean views and luxurious living come together to create the ultimate coastal retreat. This stunning corner unit three-bedroom, two-bathroom condo offers 1,566 sq. ft. of meticulously designed living space, featuring floor-to-ceiling windows that showcase panoramic views of the Atlantic. Step inside to discover an open and inviting layout with a fully updated kitchen, complete with top-of-the-line cabinetry and brand-new stainless steel appliances. The expansive living and dining areas provide the perfect setting for entertaining or simply relaxing while enjoying the stunning ocean backdrop. The master suite is a true sanctuary, offering full ocean views and direct balcony access, where you can wake up to the soothing sound of the waves. Throughout the unit, luxury vinyl plank and tile flooring enhance both style and durability. Home offers larger balcony Owner owns a garage space which they will sell separate from unit for $60,000
List Price/SqFt: 619.41
Sold Price/SqFt: 619.41

Property Features

Architectural Style: Flat Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Freezer; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Entrance Foyer; Open Floorplan; Primary Bathroom - Shower No Tub; Walk-In Closet(s) Flooring: Tile; Other Laundry Features: In Unit Utilities: Cable Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: Fire Sprinkler System; Secured Lobby; Smoke Detector(s) Construction Materials: Concrete Exterior Features: Balcony Parking Features: Additional Parking; Garage; Guest Waterfront Features: Ocean Front Current Use: Residential Association Amenities: Beach Access; Car Wash Area; Community Pool; Elevator(s); Fitness Center; Management - Full Time; Management - On Site; Service Elevator(s); Water Association Fee Includes: Insurance; Maintenance Grounds; Security; Trash Possession: Close Of Escrow Listing Terms: Cash; Conventional