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.

1901 1ST Street N 1701, Jacksonville Beach, FL 32250 (MLS# 2157898)

1901 1ST Street N 1701, Jacksonville Beach, FL 32250

$875,000

Prestigious community on north end Jax Beach

North End Jax Beach most desirable for less traffic

to eating area and access to Balcony on north side of bldg.

Balcony TOTALLY surrounds north and east side of unit

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,212 Lot Size (sq. ft.): 436 Status: Closed

Current Price: $875,000 List Date: 7/31/2026 Last Modified: 10/15/2026

Overview

Description

BACKUP OFFERS BEING ACCEPTED. OCEANFRONT living UNDER $1M !!! Prestigious Pelican Point unit on north beach. CORNER UNIT with ''take your breath away'' Views. Comfortable & private entrance to the unit, with space for your own decor touches. Easy Living, simple Lock-n-Leave, or full time home, this unit has it all. This home has A/C, HWH & updated fans in 2021. PGT Hurricane rated windows/sliders, $40K, (lifetime warranty) in 2022. Double oven range and refrigerator new in 2023. New & elegant tile flooring throughout in 2023. Special beach events.. watch the Blue Angels and beach fireworks from your own Wrap-Around balcony. Balcony has 3 access points - LR, primary bedroom and Kitchen. Living area has mesmerizing views, as does the Flex space in kitchen for eating nook, office or other use. Bldg offers numerous amenities and plenty of casual space. The unit comes with a 1-car garage spot and additional parking in the lot. Washer & dryer stay with unit.

Listing Details MLS# 2157898

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1212
Living Area Source: Assessor
Year Built: 1982
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 994
Association Fee Frequency: Monthly
Association Name: First Service Residential
Association Phone: 904.241.7206
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Stories Total: 18
Entry Level: 17
Senior Community YN: No
Direction Faces: East
Directions: From 3rd Street, head east on 19th St N. and Pelican point is straight ahead on 1st st. Gated entrance.
Public Remarks: BACKUP OFFERS BEING ACCEPTED. OCEANFRONT living UNDER $1M !!! Prestigious Pelican Point unit on north beach. CORNER UNIT with ''take your breath away'' Views. Comfortable & private entrance to the unit, with space for your own decor touches. Easy Living, simple Lock-n-Leave, or full time home, this unit has it all. This home has A/C, HWH & updated fans in 2021. PGT Hurricane rated windows/sliders, $40K, (lifetime warranty) in 2022. Double oven range and refrigerator new in 2023. New & elegant tile flooring throughout in 2023. Special beach events.. watch the Blue Angels and beach fireworks from your own Wrap-Around balcony. Balcony has 3 access points - LR, primary bedroom and Kitchen. Living area has mesmerizing views, as does the Flex space in kitchen for eating nook, office or other use. Bldg offers numerous amenities and plenty of casual space. The unit comes with a 1-car garage spot and additional parking in the lot. Washer & dryer stay with unit.
List Price/SqFt: 767.24
Sold Price/SqFt: 721.95

Property Features

Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Range; Electric Water Heater; Microwave; Washer Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); His and Hers Closets; Primary Bathroom - Shower No Tub; Split Bedrooms Flooring: Tile Laundry Features: In Unit Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central; Electric Water Source: Public Sewer: Public Sewer Security Features: 24 Hour Security; Secured Lobby; Security Gate Construction Materials: Block Exterior Features: Balcony; Impact Windows Patio And Porch Features: Deck; Wrap Around Parking Features: Additional Parking; Garage View: Beach; Ocean Waterfront Features: Ocean Access; Ocean Front Current Use: Single Family Association Amenities: Beach Access; Car Wash Area; Clubhouse; Community Pool; Elevator(s); Fitness Center; Gated; Management - On Site; Pickleball; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Maintenance Structure; Security Road Frontage Type: City Street Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Appraisal; Inspection