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.

746 SPINNAKERS REACH Drive, Ponte Vedra Beach, FL 32082 (MLS# 2009470)

746 SPINNAKERS REACH Drive, Ponte Vedra Beach, FL 32082

$1,010,000

Welcome to 746 Spinnakers Reach Drive, where every day is a vacation!

Take in the Guana views from your expansive private balconies.

Modern entryway with freshly painted exterior.

Open living area ideal for entertaining.

Show stopping two-story shiplap feature wall.

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,644 Status: Closed

Current Price: $1,010,000 List Date: 2/16/2024 Last Modified: 3/02/2025

Overview

Description

Located steps from the ocean and Sawgrass Beach Club, every day is a vacation in this completely renovated 2/2 concrete block beach condo. Prepare to be wowed as you enter into the main living area with impact rated sliders leading onto the oversized balcony with Guana Preserve views - ideal for enjoying a colorful Florida sunset. The kitchen features custom, soft-close cabinetry, Bosch appliances, wine cooler + breakfast bar. The guest room with en suite bath has a balcony overlooking the private condo association pool & beach access. A show stopping two-story shiplap wall leads upstairs to the primary suite with 14' vaulted ceiling and private balcony. Both the living room & primary have 60'' Dimplex electric fireplaces, adding to the serenity and can be enjoyed in all seasons. The unit's exterior is a modern white. One-car garage with direct access steps to the unit. This light, bright, well maintained condo is move-in ready - just unpack swimsuits & flip flops! 30 Day Rentals.

Listing Details MLS# 2009470

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1644
Living Area Source: Public Records
Year Built: 1980
Association YN: Yes
Association Fee: 3326
Association Fee Frequency: Quarterly
Association Fee 2: 1060
Association Fee 2 Frequency: Semi-Annually
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Negotiable
Stories: 3
Stories Total: 2
Senior Community YN: No
Directions: From A1A enter through Sawgrass Country Club Beach gate. Present ID. Turn left at the round about. Unit on your left upstairs. Guest parking just past the building on your left and in garage across from unit (parking on right side).
Public Remarks: Located steps from the ocean and Sawgrass Beach Club, every day is a vacation in this completely renovated 2/2 concrete block beach condo. Prepare to be wowed as you enter into the main living area with impact rated sliders leading onto the oversized balcony with Guana Preserve views - ideal for enjoying a colorful Florida sunset. The kitchen features custom, soft-close cabinetry, Bosch appliances, wine cooler + breakfast bar. The guest room with en suite bath has a balcony overlooking the private condo association pool & beach access. A show stopping two-story shiplap wall leads upstairs to the primary suite with 14' vaulted ceiling and private balcony. Both the living room & primary have 60'' Dimplex electric fireplaces, adding to the serenity and can be enjoyed in all seasons. The unit's exterior is a modern white. One-car garage with direct access steps to the unit. This light, bright, well maintained condo is move-in ready - just unpack swimsuits & flip flops! 30 Day Rentals.
List Price/SqFt: 699.51
Sold Price/SqFt: 614.36

Property Features

Levels: Two Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Electric Range; Induction Cooktop; Washer/Dryer Stacked; Wine Cooler Fireplace Features: Electric Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Open Floorplan; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Laminate; Tile Utilities: Electricity Connected; Sewer Connected Cooling: Central Air Heating: Central Water Source: Public Smart Home Features: Lighting Security Features: 24 Hour Security; Security Gate Construction Materials: Concrete Exterior Features: Balcony Patio And Porch Features: Covered; Front Porch; Rear Porch Parking Features: Garage; Guest; Shared Driveway View: Protected Preserve Current Use: Residential Association Amenities: Beach Access; Community Pool; Gated; Jogging Path; Playground; Security Association Fee Includes: Insurance; Maintenance Grounds; Security Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Inspection

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2024-02-16
Unit Type: Interior Unit

Location Tax and Legal

Street Number: 746
Street Name: SPINNAKERS REACH
Street Suffix: Drive
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 261-Ponte Vedra Bch-S Of Corona-E Of A1E/Lake Pv
Subdivision Name: Spinnakers Reach I Condo

Status Change Information

Major Change Timestamp: 2024-05-18T13:11:43Z
Major Change Type: Status Change
Price Change Timestamp: 2024-03-19T13:19:28Z
Purchase Contract Date: 2024-04-01
Close Date: 2024-05-17
Close Price: 1010000

Fireplace Features

Fireplaces Total: 2

More Information

DPR Eligible

DPR Eligible: No

Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS

Last Updated: March - 02 - 2025

Information deemed reliable but not guaranteed.