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.

1415 1ST Street N 804 & 805, Jacksonville Beach, FL (MLS# 628243)

1415 1ST Street N 804 & 805, Jacksonville Beach, FL

$665,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,041 Status: Closed

Current Price: $665,000 List Date: 7/05/2012 Last Modified: 1/20/2026

Overview

Description

Terrific opportunity to own this very large (double unit), south end condo featuring hardwood floors, granite countertops, 2-fireplaces, 2-wetbars (1 w/icemaker), incredible appx 60' balcony w/fabulous ocean views ideal for entertaining. Very open living areas can be arranged to suit ones needs. Great common amenities including pool & exercise room. 2-gar spaces(#10&11), 2-outside spaces, and 2-storage spaces (#44&46).

Listing Details MLS# 628243

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3041
Living Area Source: Appraiser
Year Built: 2001
Association YN: No
Association Fee Frequency: One Time
Association Fee 2: 1295
Association Fee 2 Frequency: Monthly
Association Name: LaVilla Mgmt
Association Phone: 904-614-5541
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Directions: E JTB to N on A1A. Cross Beach Blvd to R on 14th St, R on 1st, L into south gate entrance of Oceania.
Public Remarks: Terrific opportunity to own this very large (double unit), south end condo featuring hardwood floors, granite countertops, 2-fireplaces, 2-wetbars (1 w/icemaker), incredible appx 60' balcony w/fabulous ocean views ideal for entertaining. Very open living areas can be arranged to suit ones needs. Great common amenities including pool & exercise room. 2-gar spaces(#10&11), 2-outside spaces, and 2-storage spaces (#44&46).
List Price/SqFt: 221.97
Sold Price/SqFt: 218.68

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Elevator; Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Cooling: Central Air; Zoned Heating: Central; Heat Pump; Zoned Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Fire Sprinkler System; Secured Lobby; Smoke Detector(s) Construction Materials: Concrete; Stucco Exterior Features: Balcony Parking Features: Additional Parking; Assigned; Community Structure; Garage; Guest Lot Features: Sprinklers In Front; Sprinklers In Rear View: Ocean Waterfront Features: Navigable Water; Ocean Front Current Use: Multi-Family Association Amenities: Community Pool; Fitness Center; Management - Full Time; Sauna; Trash Association Fee Includes: Insurance; Maintenance Grounds; Trash; Water Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2012-07-05

Location Tax and Legal

Street Number: 1415
Street Name: 1ST
Street Suffix: Street
Street Direction Suffix: N
County: Duval
State: FL
MLS Area Major: 211-Jacksonville Beach-NE
Subdivision Name: Oceania

Status Change Information

Major Change Timestamp: 2023-11-18T03:23:39Z
Major Change Type: Price Reduced
Price Change Timestamp: 2013-02-18T14:07:34Z
Purchase Contract Date: 2013-03-26
Close Date: 2013-04-25
Close Price: 665000

Fireplace Features

Fireplaces Total: 2

More Information

Historical Information

Public Historical Remarks 1: Storage Room: Y, Condo Restrictions-See Condo Docs: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Condo Restrictions-Pet Restrictions: Y, Common Club Amenities-Club Facilities: Y, Unit Location-6th - 10th Story: Y, Utilities-Common Water: Y, Interior Amenities-Sliding Glass Door(s): Y, Fireplace-Family Room: Y, Fireplace Mantle: Y
Public Historical Remarks 3: Unit Type: Flat, 6th - 10th Story, Occupant Type: Special Instructions, Call Listing Office, Occupied - Lockbox, Gated

Room Information

Room Name	Remarks
Office
Utility Room
Primary Bedroom
Bedroom 1
Bedroom 2
Bedroom 3
Bonus Room
Dining Room	Separate Dining Room
Family Room
Kitchen
Living Room
Other

Documents

Condo Governance Form ›

FAQ's ›

Rules & Regs ›

Condo Association Docs ›

Listing Office: WATSON REALTY CORP

Last Updated: January - 20 - 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.

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