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.

180 VERACRUZ Drive 232, Ponte Vedra Beach, FL 32082 (MLS# 1154376)

180 VERACRUZ Drive 232, Ponte Vedra Beach, FL 32082

$215,000

Virtual Tour

https://hd.pics/x479688

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 761 Status: Closed

Current Price: $215,000 List Date: 2/18/2022 Last Modified: 11/03/2026

Overview

Description

Welcome home to beautiful Grand Cay Villas located in the heart of Ponte Vedra Beach! This condo features an open floor plan w/ vaulted ceilings connecting the living, dining & kitchen area with a wrap around screened lanai to enjoy the great outdoors! This well maintained community has an onsite property manager & offers gated entry, a clubhouse w/ fitness center, a resort style swimming pool, hot tub, playground, car wash & open air gazebo area w/ BBQ grills, picnic area & golf course views. Ideal for living in full time or can be an excellent investment property w/ a 3-month minimum Rental Term. Grand Cay Villas are located only minutes from the beach & are in walking distance to some of the best dining, grocery, and retail shopping our area has to offer! Schedule your showing today!!

Listing Details MLS# 1154376

General Property Information

Bedrooms Total: Yes
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 761
Living Area Source: Public Records
Year Built: 1996
Association YN: Yes
Association Fee: 238
Association Fee Frequency: Monthly
Association Name: Grand Cay Villas
Association Phone: (904) 280-3787;
CDD Fee YN: No
New Construction YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Furnished
Stories: 3
Stories Total: 3
Entry Level: 3
Directions: JTB to South on A1A into Ponte Vedra Beach. Right on ATP Blvd. Go one Block to entrance, go thru Security Gate continue past back gate to Building 180 on Right. Park in Guest parking spaces only.
Public Remarks: Welcome home to beautiful Grand Cay Villas located in the heart of Ponte Vedra Beach! This condo features an open floor plan w/ vaulted ceilings connecting the living, dining & kitchen area with a wrap around screened lanai to enjoy the great outdoors! This well maintained community has an onsite property manager & offers gated entry, a clubhouse w/ fitness center, a resort style swimming pool, hot tub, playground, car wash & open air gazebo area w/ BBQ grills, picnic area & golf course views. Ideal for living in full time or can be an excellent investment property w/ a 3-month minimum Rental Term. Grand Cay Villas are located only minutes from the beach & are in walking distance to some of the best dining, grocery, and retail shopping our area has to offer! Schedule your showing today!!
List Price/SqFt: 282.52
Sold Price/SqFt: 282.52

Property Features

Approx Parcel Size: Condo-NA Architectural Style: Flat Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Interior Features: Breakfast Bar; Pantry; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Fire Sprinkler System Exterior Features: Balcony Parking Features: Assigned; Guest Lot Features: Other Current Use: Multi-Family Association Amenities: Car Wash Area; Clubhouse; Community Pool; Fitness Center; Management - On Site; Playground; Spa/Hot Tub; Trash Association Fee Includes: Pest Control Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2022-02-18

Location Tax and Legal

Street Number: 180
Street Name: VERACRUZ
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 262-Ponte Vedra Beach-W Of A1A-S Of Solana Rd
Subdivision Name: Grand Cay Villas Condo

Status Change Information

Major Change Timestamp: 2022-05-19T20:24:43Z
Major Change Type: Status Change
Purchase Contract Date: 2022-02-19
Close Date: 2022-05-19
Close Price: 215000

DPR Eligible

DPR Eligible: No

More Information

Historical Information

Public Historical Remarks 1: Storage Room: Y, Dining-Kitchen/Family Combo: Y, Condo Restrictions-See Condo Docs: Y
Public Historical Remarks 2: Condo Restrictions-Governed Covenants/Restrictions: Y
Public Historical Remarks 3: Intermediate School: Other