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.

405 RUM RUNNER Way, St. Johns, FL 32259 (MLS# 2044566)

405 RUM RUNNER Way, St. Johns, FL 32259

$3,995

Property Type: Residential Lease Bedrooms: 4 Baths: 3 Square Footage: 2,558 Status: Closed

Current Price: $3,995 List Date: 8/28/2024 Last Modified: 3/21/2026

Overview

Description

4 bedroom 3 bath home located at Atlantic Isles in Beachwalk w/ it's 14 acre Crystal Lagoon and amazing Amenities. Just steps to the sand, tennis courts, clubhouse, fitness center, swim up bar & more. Open concept design greets you with a dramatic grand 2-story foyer entrance. Walk into the expansive great room, gourmet kitchen & dining room areas perfect for entertaining. Main floor includes a bed & bath ideal for guests, designated home office or playroom. Upstairs offers a spacious master bedroom retreat with private screened in balcony & expansive ensuite bathroom with tiled walk-in shower, separate vanities and an enormous walk-in closet. The beautiful, oversized fenced lot, screened lanai, and huge paver patio are great for family gatherings.

Listing Details MLS# 2044566

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 2558
Living Area Source: Public Records
Year Built: 2023
Association YN: Yes
Accessibility Features YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories Total: 2
Senior Community YN: No
Directions: From I-95 South take exit 329 and turn left on County Road 210. Travel two miles and turn left at the first entrance to Beachwalk. Atlantica Isles will be on your right.
Public Remarks: 4 bedroom 3 bath home located at Atlantic Isles in Beachwalk w/ it's 14 acre Crystal Lagoon and amazing Amenities. Just steps to the sand, tennis courts, clubhouse, fitness center, swim up bar & more. Open concept design greets you with a dramatic grand 2-story foyer entrance. Walk into the expansive great room, gourmet kitchen & dining room areas perfect for entertaining. Main floor includes a bed & bath ideal for guests, designated home office or playroom. Upstairs offers a spacious master bedroom retreat with private screened in balcony & expansive ensuite bathroom with tiled walk-in shower, separate vanities and an enormous walk-in closet. The beautiful, oversized fenced lot, screened lanai, and huge paver patio are great for family gatherings.
List Price/SqFt: 1.56
Sold Price/SqFt: 1.56

Property Features

Additional Lease Terms: 7 Months; 12 Months Owner Pays: Association Fees; Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance Levels: Two Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Gas Cooktop; Gas Range; Microwave; Refrigerator; Tankless Water Heater; Washer Association Amenities: Community Pool Water Source: Public Parking Features: Garage; Garage Door Opener Sewer: Public Sewer Security Features: Security Gate View: Pond Fencing: Back Yard Utilities: Cable Available Cooling: Central Air Heating: Central; Electric Tenant Pays: All Utilities Pets Allowed: Size Limit; Number Limit

Contract Information

Property Sub Type: Duplex
Listing Contract Date: 2024-08-28
Lease Term: 7 Months
Availability Date: 2024-09-01

Location Tax and Legal

Street Number: 405
Street Name: RUM RUNNER
Street Suffix: Way
State: FL
County: St. Johns
Postal Code: 32259
MLS Area Major: 301-Julington Creek/Switzerland
Subdivision Name: Beachwalk

Status Change Information

Major Change Timestamp: 2024-09-05T22:56:57Z
Major Change Type: Status Change
Purchase Contract Date: 2024-09-05
Close Date: 2024-10-01
Close Price: 3995

More Information

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: March - 21 - 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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