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.

859 PARK Avenue 102, Orange Park, FL 32073 (MLS# 2146114)

859 PARK Avenue 102, Orange Park, FL 32073

$600,000

Property Type: Commercial Sale Baths: 3 Square Footage: 3,072 Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $600,000 List Date: 5/19/2026 Last Modified: 6/02/2026

Overview

Description

This spacious commercial unit offers over 3,000 square feet of versatile office space in a highly visible and convenient location just off US-17. Currently tenant-occupied, the property presents an excellent opportunity for investors seeking immediate income potential or future owner-users. The flexible layout is well-suited for professional, medical, legal, or general business use, with ample space for private offices, conference rooms, reception areas, and collaborative workspaces. Conveniently located in the heart of Orange Park with easy access to major roadways, retail, dining, and surrounding business centers, this property offers both strong visibility and long-term value.

Listing Details MLS# 2146114

General Property Information

Number Of Units Total: Yes
Bathrooms Total: 3
Building Area Total: 3072
Building Area Source: Public Records
Year Built: 1988
Lot Size Acres: 0.1
Waterfront YN: No
Stories Total: Yes
Directions: Use the right 2 lanes to take the exit toward US-17 S,Use the left 3 lanes to take the ramp to US-17 S,Use any lane to turn left onto US-17 S,Keep left to continue on US-17 S/Park Ave, turn left Destination will be on the left.
Public Remarks: This spacious commercial unit offers over 3,000 square feet of versatile office space in a highly visible and convenient location just off US-17. Currently tenant-occupied, the property presents an excellent opportunity for investors seeking immediate income potential or future owner-users. The flexible layout is well-suited for professional, medical, legal, or general business use, with ample space for private offices, conference rooms, reception areas, and collaborative workspaces. Conveniently located in the heart of Orange Park with easy access to major roadways, retail, dining, and surrounding business centers, this property offers both strong visibility and long-term value.
List Price/SqFt: 195.31

Property Features

Building Features: Lobby; Medical; Office; Public Restroom; Rear Access Business Type: Commercial; Medical Construction Materials: Stucco Cooling: Central Air Current Use: Medical/Dental Existing Lease Type: Gross Flooring: Luxury Vinyl Heating: Central Listing Terms: Cash; Conventional Lot Features: Cleared Parking Features: Parking Lot Road Frontage Type: Highway Sale Includes: Individual Unit Only Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2026-05-18
Property Sub Type: Office

Location Tax and Legal

Street Number: 859
Street Name: PARK
Street Suffix: Avenue
County: Clay
State: FL
Postal Code: 32073
MLS Area Major: 133-North Orange Park

Status Change Information

Major Change Timestamp: 2026-05-19T22:45:43Z
Major Change Type: New Listing

Unit 1 Details

Unit ID: 102
Annual Rent: 6000
Unit SqFt: 3072
# Units (This Type): 6
Furnished: Unfurnished
Unit Remarks: professional officel

More Information

Listing Office: COLDWELL BANKER VANGUARD REALTY

Last Updated: June - 02 - 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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