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.

807 SPINNAKERS REACH Drive, Ponte Vedra Beach, FL 32082 (MLS# 2014084)

807 SPINNAKERS REACH Drive, Ponte Vedra Beach, FL 32082

$1,350,000

Virtual Tour

https://app.eastcoastvtours.com/sites/ygzoxwj/unbranded

Spinnakers Reach II- direct oceanfront condo within Sawgrass Beach Club gates

Custom wood cabinetry, tumble tile backsplash, granite counters

Open counter area, built-in desk & wine storage

Granite counters, tumbled tile backsplash

Space for large table with seating for six

Living Room, Wet Bar, Window Seats, and Balcony access

Glass sliding door to south-facing oceanfront balcony

2 separate vanities, soaking tub, and walk-in shower

2nd Guest Room with balcony and direct views of the pool

Guest Room with balcony and direct views of the pool

Guest room with hall bath, balcony and direct views of the pool

Guest room with ensuite bathroom, balcony and direct views of the pool

Southeast facing balcony with views of ocean and lawn

Covered balcony with great SE ocean views

Beach access with shower and bench seating for residents only

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,784 Status: Closed

Current Price: $1,350,000 List Date: 3/14/2024 Last Modified: 3/03/2025

Overview

Description

Enjoy the beach front lifestyle from this wonderful three bedroom three bath Condo. Large balcony overlooking the ocean from the primary bedroom and living room. Guest rooms share balcony overlooking private pool for Residents. Custom quality fit and finishes in this beautiful condo. Updated kitchen with tumbled tile backsplashes, granite counter tops and GE Profile appliances and extra counter area to hold wine. Gleaming large stone tile floors greet you at the foyer and hallways. Quality carpet in living and bedrooms. All bathrooms updated, primary suite bath has two separate sinks, soaking tub and walk in shower. Living room has wet bar, fireplace and sunny seating area overlooking the grounds. Main balcony is large enough for dining and and other chairs. Dining area has room to entertain 6 around a dining table. Two assigned covered garage spaces, short stairs to unit. Concrete Blk Built.

Listing Details MLS# 2014084

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 1784
Living Area Source: Public Records
Year Built: 1982
Association YN: Yes
Association Fee: 1155
Association Fee Frequency: Semi-Annually
Association Fee 2: 2664
Association Fee 2 Frequency: Quarterly
Association Name: Spinnakers Reach II Assoc
Association Phone: 904-273-9832
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: Yes
Carport Spaces: 2
Pool Private YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Unfurnished
Stories: Yes
Stories Total: Yes
Entry Level: 2
Senior Community YN: No
Direction Faces: Southeast
Directions: A1A South from Butler Blvd to left on Corona to Ponte Vedra Blvd. south approx 1.5 miles to left into Sawgrass Beach Club gate, left at roundabout to last Spinnakers buildings for 800. Condo on left.
Public Remarks: Enjoy the beach front lifestyle from this wonderful three bedroom three bath Condo. Large balcony overlooking the ocean from the primary bedroom and living room. Guest rooms share balcony overlooking private pool for Residents. Custom quality fit and finishes in this beautiful condo. Updated kitchen with tumbled tile backsplashes, granite counter tops and GE Profile appliances and extra counter area to hold wine. Gleaming large stone tile floors greet you at the foyer and hallways. Quality carpet in living and bedrooms. All bathrooms updated, primary suite bath has two separate sinks, soaking tub and walk in shower. Living room has wet bar, fireplace and sunny seating area overlooking the grounds. Main balcony is large enough for dining and and other chairs. Dining area has room to entertain 6 around a dining table. Two assigned covered garage spaces, short stairs to unit. Concrete Blk Built.
List Price/SqFt: 784.19
Sold Price/SqFt: 756.73

Property Features

Architectural Style: Contemporary Levels: One Property Condition: Updated/Remodeled Rental Restrictions: 1 Month Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Fireplace Features: Wood Burning Interior Features: Ceiling Fan(s); Entrance Foyer; Guest Suite; Primary Bathroom -Tub with Separate Shower; Smart Thermostat; Walk-In Closet(s); Wet Bar Flooring: Carpet; Stone; Tile Laundry Features: Electric Dryer Hookup Utilities: Cable Connected; Electricity Available; Sewer Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Water Source: Public Sewer: Public Sewer Smart Home Features: Programmable Thermostat Security Features: 24 Hour Security; Gated with Guard Construction Materials: Block; Stucco Exterior Features: Balcony Patio And Porch Features: Covered Roof: Metal Parking Features: Underground View: Ocean Water Body Access Type: Community Waterfront Features: Deeded Beach Access; Ocean Access Current Use: Residential Association Amenities: Community Pool; Gated Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional