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.

2541 S PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082 (MLS# 1094549)

2541 S PONTE VEDRA Boulevard, Ponte Vedra Beach, FL 32082

$1,225,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,200 Status: Closed

Current Price: $1,225,000 List Date: 2/11/2021 Last Modified: 4/01/2025

Overview

Description

TREMENDOUS OPPORTUNITY TO OWN A VACATION RENTAL PROPERTY IN SOUTH PONTE VEDRA BEACH ON THE OCEAN. ALL THE WINDOWS ON THE OCEAN SIDE HAVE BEEN REPLACED WITH HIGH IMPACT GLASS. POOL PUMP IS APPROXIMATELY ONE YEAR OLD. IT IS BEING SOLD ''FULLY FURNISHED'' AS A VACATION RENTAL. THE PROPERTY IS LISTED WITH WREN BEACH RENTALS AND BROUGHT IN APPROXIMATELY $160,000 GROSS REVENUE WITH A 90% OCCUPANCY LAST YEAR! THE PROPERTY IS FULLY BOOKED THROUGH SEPTEMBER OF 2021!

Listing Details MLS# 1094549

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 2200
Living Area Source: Appraiser
Year Built: 1961
Lot Size Dimensions: 75
Association YN: No
Association Fee Frequency: One Time
Association Fee 2 Frequency: One Time
CDD Fee YN: No
New Construction YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Furnished
Stories: 3
Directions: TAKE A1A TO SOUTH PONTE VEDRA. LOCATED AT THE SOUGHT AFTER NORTH END, NORTH OF THE EXXON GAS STATION.
Public Remarks: TREMENDOUS OPPORTUNITY TO OWN A VACATION RENTAL PROPERTY IN SOUTH PONTE VEDRA BEACH ON THE OCEAN. ALL THE WINDOWS ON THE OCEAN SIDE HAVE BEEN REPLACED WITH HIGH IMPACT GLASS. POOL PUMP IS APPROXIMATELY ONE YEAR OLD. IT IS BEING SOLD ''FULLY FURNISHED'' AS A VACATION RENTAL. THE PROPERTY IS LISTED WITH WREN BEACH RENTALS AND BROUGHT IN APPROXIMATELY $160,000 GROSS REVENUE WITH A 90% OCCUPANCY LAST YEAR! THE PROPERTY IS FULLY BOOKED THROUGH SEPTEMBER OF 2021!
List Price/SqFt: 579.55
Sold Price/SqFt: 556.82

Property Features

Approx Parcel Size: .25 to .5 Acre Architectural Style: Contemporary Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Entrance Foyer; Pantry; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s) Flooring: Wood Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Cable Connected; Propane Cooling: Central Air; Zoned Heating: Central; Zoned Water Source: Public Sewer: Septic Tank Security Features: Smoke Detector(s) Construction Materials: Frame; Wood Siding Exterior Features: Balcony; Outdoor Shower Patio And Porch Features: Porch Pool Features: Above Ground; Pool Sweep Roof: Shingle Parking Features: Additional Parking; Detached View: Ocean Waterfront Features: Navigable Water; Ocean Front Current Use: Residential; Single Family Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2021-02-11

Location Tax and Legal

Street Number: 2541
Street Direction Prefix: S
Street Name: PONTE VEDRA
Street Suffix: Boulevard
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 264-South Ponte Vedra Beach
Subdivision Name: South Ponte Vedra Beach

Status Change Information

Major Change Timestamp: 2021-04-09T03:11:25Z
Major Change Type: Status Change
Purchase Contract Date: 2021-04-08
Close Date: 2021-04-08
Close Price: 1225000

Historical Information

Public Historical Remarks 1: Structure Off Grade: Y
Public Historical Remarks 2: Energy Features-Ceiling Fan(s): Y, Dining-Living/Dining Combo: Y, Interior Amenities-Sliding Glass Door(s): Y
Public Historical Remarks 3: Intermediate School: Other

More Information

Room Information

Room Name
Utility Room

Listing Office: MARSH LANDING REALTY

Last Updated: April - 01 - 2025

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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