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.

5100 SUNBEAM Road 13, Jacksonville, FL 32257 (MLS# 2171176)

5100 SUNBEAM Road 13, Jacksonville, FL 32257

$1,560

Property Type: Commercial Lease Square Footage: 8,994 Lot Size (sq. ft.): 36,590 Status: Active

Current Price: $1,560 List Date: 10/28/2026 Last Modified: 10/28/2026

Overview

Description

800 SF end-unit retail space in Sunbeam Center, NE Mandarin, Jacksonville. The space is drive-thru capable, maximizing convenience for customers and boosting sales potential. Well-maintained center with ample parking, national tenants and strong neighborhood demographics, situated in the southern Jacksonville/Mandarin sub-market just west of US-1/Philips Highway with convenient access to JTB and I-95. Average annual daily traffic of 21,000 on Sunbeam Rd and 38,000 nearby. Offered at $23.40/SF/yr NNN.

Listing Details MLS# 2171176

General Property Information

Building Area Total: 8994
Accessibility Features YN: No
Year Built: 1988
Lot Size Acres: 0.84
Directions: From I-95 take Philips Hwy (US-1) south, right on Sunbeam Rd. Sunbeam Center is on the right just west of US-1; Unit 13 is the end cap.
Public Remarks: 800 SF end-unit retail space in Sunbeam Center, NE Mandarin, Jacksonville. The space is drive-thru capable, maximizing convenience for customers and boosting sales potential. Well-maintained center with ample parking, national tenants and strong neighborhood demographics, situated in the southern Jacksonville/Mandarin sub-market just west of US-1/Philips Highway with convenient access to JTB and I-95. Average annual daily traffic of 21,000 on Sunbeam Rd and 38,000 nearby. Offered at $23.40/SF/yr NNN.
List Price/SqFt: 0.17

Property Features

Existing Lease Type: NNN Lease Includes: Individual Unit Only Lot Features: Other Parking Features: Parking Lot Special Listing Conditions: Standard

Contract Information

Base Rent Per Year: 18720
Listing Contract Date: 2026-10-27
Property Sub Type: Retail

Location Tax and Legal

Street Number: 5100
Street Name: SUNBEAM
Street Suffix: Road
County: Duval
State: FL
Postal Code: 32257
MLS Area Major: 013-Beauclerc/Mandarin North

Status Change Information

Major Change Timestamp: 2026-10-28T01:09:24Z
Major Change Type: New Listing

More Information

Listing Office: COLDWELL BANKER PREMIER PROPERTIES

Last Updated: October - 28 - 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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