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.

262 BORACAY Circle, St. Johns, FL 32259 (MLS# 2117824)

262 BORACAY Circle, St. Johns, FL 32259

$2,395

Property Type: Residential Lease Bedrooms: 3 Baths: 3 Square Footage: 1,750 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $2,395 List Date: 11/14/2025 Last Modified: 6/22/2026

Overview

Description

Welcome to resort-style living in the highly sought-after Beachwalk community, located in an A-rated school district. This stunning 3-bedroom, 2.5-bath townhome is practically brand new—and sits on an oversized corner lot that offers extra privacy and an abundance of natural light. The open, airy floor plan features a beautiful kitchen with stainless steel appliances, quartz countertops, and a spacious island with a breakfast bar. Brand-new carpet has just been installed, and the enclosed lanai provides a relaxing space to enjoy the outdoors. A fully fenced yard adds even more privacy for everyday living. Residents of Beachwalk enjoy access to the 14-acre Crystal Lagoon with its white-sand beach, waterslide, swim-up bar, waterfront restaurant, fitness center, dog park, and more—membership is included in the monthly rent. The HOA also maintains the lawn, offering truly low-maintenance living.

Listing Details MLS# 2117824

General Property Information

Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Bathrooms Total: 3
Living Area: 1750
Living Area Source: Appraiser
Year Built: 2022
Lot Size Acres: 0.15
Association YN: No
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Senior Community YN: No
Directions: From I-95 head East on CR 210. Turn left onto Beachwalk Blvd. Turn left onto Albany Bay Blvd. Turn right onto Boracay Circle.
Public Remarks: Welcome to resort-style living in the highly sought-after Beachwalk community, located in an A-rated school district. This stunning 3-bedroom, 2.5-bath townhome is practically brand new—and sits on an oversized corner lot that offers extra privacy and an abundance of natural light. The open, airy floor plan features a beautiful kitchen with stainless steel appliances, quartz countertops, and a spacious island with a breakfast bar. Brand-new carpet has just been installed, and the enclosed lanai provides a relaxing space to enjoy the outdoors. A fully fenced yard adds even more privacy for everyday living. Residents of Beachwalk enjoy access to the 14-acre Crystal Lagoon with its white-sand beach, waterslide, swim-up bar, waterfront restaurant, fitness center, dog park, and more—membership is included in the monthly rent. The HOA also maintains the lawn, offering truly low-maintenance living.
List Price/SqFt: 1.37
Sold Price/SqFt: 1.37

Property Features

Appliances: Dishwasher; Disposal; Dryer; Gas Oven; Gas Range; Other Water Source: Public Parking Features: Assigned; Attached Utilities: Cable Available Cooling: Central Air Heating: Central

Contract Information

Rental Service: RentSpree
Rental Application URL: https://apply.link/ZqhZt70
Property Sub Type: Townhouse
Property Attached YN: Yes
Listing Contract Date: 2025-11-13
Lease Term: 12 Months
Availability Date: 2025-11-13

Location Tax and Legal

Street Number: 262
Street Name: BORACAY
Street Suffix: Circle
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Beachwalk

Status Change Information

Major Change Timestamp: 2026-01-26T15:07:29Z
Major Change Type: Status Change
Price Change Timestamp: 2026-01-08T20:41:56Z
Purchase Contract Date: 2026-01-20
Close Date: 2026-01-26
Close Price: 2395

More Information

Listing Office: REALTY ONE GROUP ELEVATE

Last Updated: June - 22 - 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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