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.

225 N Atlantic Avenue 603, Cocoa Beach, FL 32931 (MLS# 1087034)

225 N Atlantic Avenue 603, Cocoa Beach, FL 32931

$2,400,000

Virtual Tour

https://www.virtualtourcafe.com/mls/10011064

Virtual Tour

https://www.zillow.com/view-imx/1add5e76-6037-44cf-a276-2cd326bfbcf3?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,439 Lot Size (sq. ft.): 1,742 Status: Active

Current Price: $2,400,000 List Date: 9/08/2026 Last Modified: 11/14/2026

Overview

Description

Completely renovated in 2026, this exceptional 3,439 SF oceanfront residence combines the space and feel of a single-family home with sweeping sixth-floor views of the Atlantic. Positioned on the corner with windows on three sides, the home is filled with natural light and opens across an incredible 50-foot oceanfront balcony with panoramic views extending north toward Cape Canaveral for rocket launch views. Inside, rare 9-foot ceilings and impact-rated windows and doors complement a wide, open layout with two expansive living areas, custom white oak built-ins and an impressive amount of storage throughout. At the center of the home, the beautifully designed kitchen features Thermador appliances, an oversized 11.5-foot island, custom cabinetry, a 48-inch workstation sink and a separate walk-in pantry with coffee bar. The oceanfront primary suite offers direct balcony access, dual custom closets and a beautifully finished bath with an oversized walk-in shower and soaking tub.

Supplements: Three additional spacious rooms offer flexibility for bedrooms, guests or a dedicated office, including an oceanfront guest suite with balcony access and an en-suite bath. A private garage, additional designated parking and locked storage complete the residence. With only 22 residences in the building, this is one that truly needs to be experienced ... (Read more)

Open Houses

Saturday, November 14, 12:00 pm - 2:00 pm

Listing Details MLS# 1087034

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3439
Living Area Source: Assessor
Year Built: 2004
Lot Size Acres: 0.04
Association YN: Yes
Association Fee: 1476.75
Association Fee Frequency: Monthly
Association Name: OCEAN OASIS CONDO ASSOCIATION
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Negotiable
Stories: Yes
Stories Total: 7
Entry Level: 6
Senior Community YN: No
Direction Faces: West
List Price/SqFt: 697.88
Lot Size Square Feet: 1742
Water Body Name: Atlantic Ocean
Community Fee(s) YN: No

Property Features

Architectural Style: Traditional Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Oven; Electric Water Heater; Induction Cooktop; Microwave; Refrigerator; Washer Fireplace Features: Electric Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; In Unit; Sink; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric; Multi Units Heating: Central; Electric Water Source: Public Sewer: Private Sewer Security Features: Secured Lobby; Security Gate Construction Materials: Block; Concrete Exterior Features: Balcony; Impact Windows; Storm Shutters Patio And Porch Features: Covered; Front Porch; Rear Porch; Side Porch Parking Features: Additional Parking; Assigned; Attached; Garage; Garage Door Opener; Guest; Underground Lot Features: Other View: Beach; Ocean; Water Waterfront Features: Deeded Beach Access; Ocean Access; Ocean Front Current Use: Residential Association Amenities: Beach Access; Cable TV; Clubhouse; Community Pool; Elevator(s); Gated; Maintenance Grounds; Management - Full Time; Spa/Hot Tub; Storage; Trash; Water Association Fee Includes: Cable TV; Insurance; Maintenance Grounds; Maintenance Structure; Trash; Water Possession: Close Of Escrow Listing Terms: Cash; Conventional