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.

811 1ST Street S 6, Jacksonville Beach, FL 32250 (MLS# 1109991)

811 1ST Street S 6, Jacksonville Beach, FL 32250

$297,375

Property Type: Residential Bedrooms: 1 Square Footage: 550 Status: Closed

Current Price: $297,375 List Date: 5/24/2021 Last Modified: 2/08/2025

Overview

Description

This beautiful 1/1 beach condo is every Jacksonville natives dream! It's a vacation every day when you're ocean front. With direct beach access you can escape your worries within a few steps. You'll also be walking distance from the beaches shopping center, restaurants, bars, and accessory rentals. Beach life with a dedicated parking spot. This also makes a great weekend getaway spot with private oceanfront pool and ocean access. Watch the dolphins and other wildlife from the comfort of your own balcony! Condo does not allow short-term rentals (less than 6 months). New AC 2019.

Listing Details MLS# 1109991

General Property Information

Bedrooms Total: Yes
Living Area: 550
Living Area Source: Public Records
Year Built: 1972
Association YN: Yes
Association Fee: 306
Association Fee Frequency: Monthly
CDD Fee YN: No
New Construction YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Furnished: Furnished
Stories Total: 3
Entry Level: 2
Directions: From Beach Blvd, go South on A1A. Turn left(east) on 9th Ave. S. Turn left on 1st St. Property on Right.
Public Remarks: This beautiful 1/1 beach condo is every Jacksonville natives dream! It's a vacation every day when you're ocean front. With direct beach access you can escape your worries within a few steps. You'll also be walking distance from the beaches shopping center, restaurants, bars, and accessory rentals. Beach life with a dedicated parking spot. This also makes a great weekend getaway spot with private oceanfront pool and ocean access. Watch the dolphins and other wildlife from the comfort of your own balcony! Condo does not allow short-term rentals (less than 6 months). New AC 2019.
List Price/SqFt: 599.82
Sold Price/SqFt: 540.68

Property Features

Approx Parcel Size: Condo-NA Appliances: Dishwasher; Disposal; Dryer; Electric Range; Electric Water Heater; Ice Maker; Microwave; Refrigerator; Washer Interior Features: Primary Bathroom - Shower No Tub Flooring: Tile Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Stucco Exterior Features: Balcony Pool Features: Other Parking Features: Assigned View: Ocean Water Body Access Type: Community Waterfront Features: Ocean Front Current Use: Multi-Family Association Amenities: Beach Access; Community Pool; Maintenance Grounds; Management - Full Time; Trash Association Fee Includes: Maintenance Grounds; Trash; Water Road Surface Type: Asphalt Possession: Negotiable; Other Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Condominium
Property Attached YN: No
Listing Contract Date: 2021-05-14

Location Tax and Legal

Street Number: 811
Street Name: 1ST
Street Suffix: Street
Street Direction Suffix: S
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 212-Jacksonville Beach-SE
Subdivision Name: Seaview

Status Change Information

Major Change Timestamp: 2021-06-22T19:42:18Z
Major Change Type: Status Change
Purchase Contract Date: 2021-05-23
Close Date: 2021-06-21
Close Price: 297375

Historical Information

Public Historical Remarks 1: Condo Restrictions-See Condo Docs: Y, Interior Amenities-Window Treatment(s): Y, Interior Amenities-Tinted Window(s): Y
Public Historical Remarks 2: Interior Amenities-Sliding Glass Door(s): Y

More Information

Room Information

Room Name
Utility Room

Documents

Seaview Condo Docs ›

CONDOMINIUM GOVERNANCE FORM ›

Listing Office: FLORIDA HOMES REALTY & MTG LLC

Last Updated: February - 08 - 2025

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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