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.

2117 RIVER Boulevard, Jacksonville, FL (MLS# 730452)

2117 RIVER Boulevard, Jacksonville, FL

$801,000

Virtual Tour

http://fusion.realtourvision.com/idx/243414

Property Type: Residential Income Bedrooms: 10 Baths: 7 Square Footage: 5,979 Status: Closed

Current Price: $801,000 List Date: 8/01/2014 Last Modified: 10/23/2026

Overview

Description

Superlatives abound in this immaculate 5 unit building in Riverside's hottest location. Walk out your door and you're greeted by the St Johns River. Go around the block and you'll find yourself in the middle of it all, shopping,dining,parks,museums. Everything that makes Riverside the hottest neighborhood in Jax is at your fingertips. This is a truly spectacular property and is turn key. Do not miss this opportunity to aquire a gorgeously maintained historic building on the water in Riverside. Heart pine floors, tall ceilings, original built ins, wood burning fireplaces, modern kitchens and baths, newer windows and the list goes on. If you are looking for a Blue Chip Investment or simply want to own the best of the best, this property is for you.

Listing Details MLS# 730452

General Property Information

Number Of Units Total: 5
Bedrooms Total: 10
Bathrooms Total: 7
Bathrooms Full: 5
Bathrooms Half: 2
Living Area: 5979
Living Area Source: Public Records
Year Built: 1918
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Stories Total: 3
Stories: 3
Directions: From the intersection of Margaret Street and Riverside Ave drive toward St Vincents Medical Center, one block. Take Goodwin Street toward the St Johns River, turning right onto River Blvd.
Public Remarks: Superlatives abound in this immaculate 5 unit building in Riverside's hottest location. Walk out your door and you're greeted by the St Johns River. Go around the block and you'll find yourself in the middle of it all, shopping,dining,parks,museums. Everything that makes Riverside the hottest neighborhood in Jax is at your fingertips. This is a truly spectacular property and is turn key. Do not miss this opportunity to aquire a gorgeously maintained historic building on the water in Riverside. Heart pine floors, tall ceilings, original built ins, wood burning fireplaces, modern kitchens and baths, newer windows and the list goes on. If you are looking for a Blue Chip Investment or simply want to own the best of the best, this property is for you.
List Price/SqFt: 150.36
Sold Price/SqFt: 133.97

Property Features

Appliances: Dishwasher; Electric Range; Electric Water Heater; Microwave; Refrigerator Construction Materials: Brick Veneer; Fiber Cement; Frame Cooling: Central Air Flooring: Tile; Wood Green Energy Efficient: Windows Heating: Central; Heat Pump Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional Owner Pays: Water Parking Features: Additional Parking; On Street Pool Features: None Possession: Negotiable; Other Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Utilities: Natural Gas Available View: River Water Source: Public Waterfront Features: River Front

Contract Information

Listing Contract Date: 2014-08-01

Location Tax and Legal

Street Number: 2117
Street Name: RIVER
Street Suffix: Boulevard
County: Duval
State: FL
Subdivision Name: Riverside
MLS Area Major: 031-Riverside

Status Change Information

Major Change Timestamp: 2015-01-09T19:42:19Z
Major Change Type: Status Change
Purchase Contract Date: 2014-12-30
Close Date: 2015-01-09
Close Price: 801000

Fireplace Features

Fireplaces Total: Yes

More Information

Historical Information

Public Historical Remarks 1: Type-Multi Units: Y, Lot Location-Historic Area: Y, Possible Financing-1031 Exchange: Y, Number of Buildings: 1 Building, Two Bedroom Rentals: $1001 to $1500/Month
Public Historical Remarks 2: Annual Rent: 84000.00, Number of Units-5 - 10 Units: Y, # 2 Bedroom Units: 5, Window Treatments: Y, Ceiling 8 + Feet: Y
Public Historical Remarks 3: Current Zoning: CRO

Listing Office: INI REALTY

Last Updated: October - 23 - 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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