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.

1700 WELLS Road 7, Orange Park, FL 32073 (MLS# 2160235)

1700 WELLS Road 7, Orange Park, FL 32073

$135,000

all_floors_1700_wells_road_7_orange_park

Property Type: Commercial Sale Baths: 1 Square Footage: 800 Lot Size (sq. ft.): 871 Status: Active Under Contract

Current Price: $135,000 List Date: 8/14/2026 Last Modified: 8/31/2026

Overview

Description

Excellent opportunity to OWN your business location at a great price! Located off Wells Rd in one of Orange Park's busy commercial plazas, this business condo offers a prime setting for an office, professional service, or growing business. Enjoy strong visibility along Wells Rd, ample parking, and convenient access for clients and employees. The property is near Orange Park Mall, approximately one mile from I-295, and surrounded by established retail, restaurants, shopping, and everyday services. Wells Rd provides easy connections to Blanding Blvd, Jacksonville, NAS Jax, Middleburg, and surrounding Clay County communities. Whether you're launching a new venture, relocating, or adding to your investment portfolio, this affordable business condo offers location, convenience, and potential. Seller will be removing their business equipment and items, leaving cabinets. Selling as is.

Listing Details MLS# 2160235

General Property Information

Bathrooms Total: Yes
Building Area Total: 800
Building Area Source: Public Records
Year Built: 1985
Lot Size Acres: 0.02
Association YN: Yes
Association Fee: 200
Association Fee Frequency: Monthly
Waterfront YN: No
Directions: Take I-295 S to FL-13 S/San Jose Blvd in Jacksonville. Take exit 5 from I-295 S 3 min (3.0 mi) Get on I-295 N Continue on I-295 N to US-17 S. Exit from I-295 N Take Wells Rd to your destination in Bellair-Meadowbrook Terrace
Public Remarks: Excellent opportunity to OWN your business location at a great price! Located off Wells Rd in one of Orange Park's busy commercial plazas, this business condo offers a prime setting for an office, professional service, or growing business. Enjoy strong visibility along Wells Rd, ample parking, and convenient access for clients and employees. The property is near Orange Park Mall, approximately one mile from I-295, and surrounded by established retail, restaurants, shopping, and everyday services. Wells Rd provides easy connections to Blanding Blvd, Jacksonville, NAS Jax, Middleburg, and surrounding Clay County communities. Whether you're launching a new venture, relocating, or adding to your investment portfolio, this affordable business condo offers location, convenience, and potential. Seller will be removing their business equipment and items, leaving cabinets. Selling as is.
List Price/SqFt: 168.75

Property Features

Accessibility Features: Accessible Approach with Ramp Association Amenities: Maintenance Grounds; Management - Off Site Building Features: Private Restroom; Reception Area; Separate Office Area; Storage Business Type: Dental Ceiling Type: Suspended Construction Materials: Stucco Cooling: Central Air Current Use: Commercial; Medical/Dental Flooring: Vinyl; Wood Heating: Central Listing Terms: Cash; Conventional; Other Location: Shopping Center Lot Features: Other Owner Pays: All Utilities; Association Fees; HVAC Maintenance; Insurance; Repairs; Security; Sewer; Taxes; Trash Collection; Water Parking Features: Additional Parking; Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Roof: Metal Sale Includes: Building Only Sewer: Public Sewer Water Source: Public Contingency Reason: Financing

Contract Information

Listing Contract Date: 2026-08-14
Property Sub Type: Business

Location Tax and Legal

Street Number: 1700
Street Name: WELLS
Street Suffix: Road
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 132-Bellair/Grove Park

Status Change Information

Major Change Timestamp: 2026-08-31T21:51:37Z
Major Change Type: Status Change
Contingency: Active Under Contract
Contingent Date: 2026-08-31

More Information

Documents

seller disclosure ›

Listing Office: FADER & CO REALTY LLC

Last Updated: August - 31 - 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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