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.

1601 S OCEAN Drive S 408, Jacksonville Beach, FL (MLS# 810579)

1601 S OCEAN Drive S 408, Jacksonville Beach, FL

$427,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed

Current Price: $427,000 List Date: 1/27/2016 Last Modified: 10/14/2026

Overview

Description

Fully Remodeled Oceanfront Condo with 36-foot Balcony, Appraised at $490K! New Master Bedroom with 5-foot French doors facing ocean. Guest bedroom also has beautiful ocean view, boasting best view in Seascape, being 4th floor center. Special features include new Trane A/C & Heating System with all new duct work. The Kitchen was remodeled with all new stainless steel appliances & custom granite countertops. Floors were laid in hand-painted Italian tiles, which look like hardwood floors. New bathrooms with custom cabinetry, granite and smooth river rock on shower floor. In unit state-of-art LG Washer and Dryer all-in-one, put your clothes into the wash and they come out dry to a musical tune! Seascape Condominium has two pools, a gym and private beach access and an on-site management team.

Supplements: The condo fees are among the lowest on the Beach, only $347 per month!

Listing Details MLS# 810579

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1110
Living Area Source: Public Records
Year Built: 1974
Association YN: No
Association Fee Frequency: One Time
Association Fee 2: 364
Association Fee 2 Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Stories: Yes
Entry Level: 4
Directions: From FL-202 E/J Turner Butler Blvd go north on A1A/3rd St 1.9 miles, right 16th Ave S, right Ocean Dr, Seascape condos is on the left
Public Remarks: Fully Remodeled Oceanfront Condo with 36-foot Balcony, Appraised at $490K! New Master Bedroom with 5-foot French doors facing ocean. Guest bedroom also has beautiful ocean view, boasting best view in Seascape, being 4th floor center. Special features include new Trane A/C & Heating System with all new duct work. The Kitchen was remodeled with all new stainless steel appliances & custom granite countertops. Floors were laid in hand-painted Italian tiles, which look like hardwood floors. New bathrooms with custom cabinetry, granite and smooth river rock on shower floor. In unit state-of-art LG Washer and Dryer all-in-one, put your clothes into the wash and they come out dry to a musical tune! Seascape Condominium has two pools, a gym and private beach access and an on-site management team.
List Price/SqFt: 400.9
Sold Price/SqFt: 384.68

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Elevator; Primary Bathroom - Tub with Shower; Walk-In Closet(s) Flooring: Tile Utilities: Cable Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Green Energy Efficient: Windows Security Features: Entry Phone/Intercom; Secured Lobby; Smoke Detector(s); Other Construction Materials: Concrete Exterior Features: Balcony Parking Features: Assigned; Guest View: Ocean Water Body Access Type: Community Waterfront Features: Navigable Water; Ocean Front Current Use: Multi-Family Association Amenities: Children's Pool; Community Pool; Fitness Center; Management - Full Time; Sauna Association Fee Includes: Insurance; Maintenance Grounds; Security; Trash; Water Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2016-01-27

Location Tax and Legal

Street Number: 1601
Street Direction Prefix: S
Street Name: OCEAN
Street Suffix: Drive
Street Direction Suffix: S
County: Duval
State: FL
MLS Area Major: 212-Jacksonville Beach-SE
Subdivision Name: Seascape

Status Change Information

Major Change Timestamp: 2023-11-13T21:53:32Z
Major Change Type: Price Change
Price Change Timestamp: 2016-03-23T13:44:28Z
Purchase Contract Date: 2016-04-04
Close Date: 2016-06-08
Close Price: 427000

Historical Information

Public Historical Remarks 1: Utilities-Separate Electric Meter(s): Y, Utilities-Common Sewer: Y, Self Cleaning Oven: Y, Kitchen-Solid Surface Countertops: Y
Public Historical Remarks 2: Utilities-Common Water: Y, Interior Amenities-Ceiling 8+ Ft.: Y, Interior Amenities-Sliding Glass Door(s): Y, Interior Amenities-Picture Window(s): Y
Public Historical Remarks 3: Unit Type: Flat, 4th Story, Occupant Type: Appointment, Call Seller Direct, See Private Remarks, Non-NEFAR Lockbox, Advance Notice

More Information

Room Information

Room Name
Utility Room

Documents

Appraisal on File ›

Listing Office: ROGER BILLS, BROKER

Last Updated: October - 14 - 2026

Information deemed reliable but not guaranteed.