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.

1334 1ST Street S, Jacksonville Beach, FL 32250 (MLS# 2130058)

1334 1ST Street S, Jacksonville Beach, FL 32250

$1,200,000

Property Type: Residential Income Bedrooms: 2 Baths: 2 Square Footage: 1,603 Lot Size (sq. ft.): 2,178 Status: Active

Current Price: $1,200,000 List Date: 9/09/2026 Last Modified: 9/09/2026

Overview

Description

Beach view income producing Duplex, renovated fully in the inside. Two separate units in one building. Corner Lot.

Listing Details MLS# 2130058

General Property Information

Number Of Units Total: 2
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1603
Living Area Source: Appraiser
Accessibility Features YN: No
New Construction YN: No
Year Built: 1931
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.05
CDD Fee YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Take A1A/3rd St South, turn right on to 14 Ave S and make left on to 1st St South, property is in the corner lot across Ocean 14 high rise condo.
Public Remarks: Beach view income producing Duplex, renovated fully in the inside. Two separate units in one building. Corner Lot.
List Price/SqFt: 748.6

Property Features

Appliances: Dishwasher; Electric Range; Microwave Cooling: Central Air Current Use: Multi-Family Heating: Central; Electric; Heat Pump Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Garage Possession: Close Of Escrow Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Beach Water Source: Public

Contract Information

Listing Contract Date: 2026-02-13
Property Sub Type: Duplex

Location Tax and Legal

Street Number: 1334
Street Name: 1ST
Street Suffix: Street
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32250
Subdivision Name: Pablo Beach South
MLS Area Major: 212-Jacksonville Beach-SE

Status Change Information

Major Change Timestamp: 2026-09-09T16:05:45Z
Major Change Type: Back on Market

Currently Not Used

Property Attached YN: Yes
yn11: No

More Information

Unit 1 Details

Unit ID: UPPER
Actual Rent: 20000
Unit SqFt: 728
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: SHORT TERM RENTAL RENTS FLUCTUATE YEARLY

Unit 2 Details

Unit ID: LOWER
Actual Rent: 20000
Unit SqFt: 728
Full Baths Total: Yes
Furnished: Furnished
Unit Remarks: SHORT TERM RENTAL RENTS FLUCTUATE YEARLY

Documents

Comprehensive rider 1 ›

Flood Disclosure ›

INI addendum ›

Lead Paint Disclosure ›

Coast Construction ›

Seller Property Disclosure ›

Survey ›

Listing Office: INI REALTY

Last Updated: September - 09 - 2026

Information deemed reliable but not guaranteed.

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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.