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.

917 1ST Street N 804, Jacksonville Beach, FL 32250 (MLS# 2085761)

917 1ST Street N 804, Jacksonville Beach, FL 32250

$1,575,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 2,308 Lot Size (sq. ft.): 436 Status: Closed

Current Price: $1,575,000 List Date: 5/11/2025 Last Modified: 7/02/2025

Overview

Description

Beautiful, sought after, north end 8th floor unit with panoramic views from Mayport Jetties to past the pier in one of the most desired buildings at the beach. Over 2300 sq. ft. of luxury oceanfront living with an oversized private balcony with a built-in summer kitchen & gas grill. Great floor plan with a chef's kitchen with SS appliances, ample cabinets and large bar, all open to dining area and generous great room with a wall of sliders to balcony. Tile and wood floors throughout. Primary with ocean views and balcony access. 2 walk-ins, shower & soaking tub. 2 other generous ensuite bedrooms, walk-in closets & one with a sunset balcony. There is also a powder room & laundry room. This is also one of the few condos with a large private garage. Heated pool & gym.

Listing Details MLS# 2085761

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 2308
Living Area Source: Public Records
Year Built: 2005
Accessory Dwelling Unit Y/N: No
Homestead YN: No
Lot Size Acres: 0.01
Association YN: Yes
Association Fee: 4275
Association Fee Frequency: Quarterly
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: Yes
Waterfront YN: Yes
Stories: Yes
Stories Total: 12
Senior Community YN: No
Directions: From Third St turn east on 9th ave N to Acquilus Condo
Public Remarks: Beautiful, sought after, north end 8th floor unit with panoramic views from Mayport Jetties to past the pier in one of the most desired buildings at the beach. Over 2300 sq. ft. of luxury oceanfront living with an oversized private balcony with a built-in summer kitchen & gas grill. Great floor plan with a chef's kitchen with SS appliances, ample cabinets and large bar, all open to dining area and generous great room with a wall of sliders to balcony. Tile and wood floors throughout. Primary with ocean views and balcony access. 2 walk-ins, shower & soaking tub. 2 other generous ensuite bedrooms, walk-in closets & one with a sunset balcony. There is also a powder room & laundry room. This is also one of the few condos with a large private garage. Heated pool & gym.
List Price/SqFt: 682.41
Sold Price/SqFt: 682.41

Property Features

Levels: One Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Microwave; Refrigerator Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms Flooring: Tile; Wood Laundry Features: In Unit Utilities: Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Entry Phone/Intercom; Fire Sprinkler System; Key Card Entry; Secured Elevator; Secured Lobby; Security Gate Exterior Features: Balcony Patio And Porch Features: Covered; Porch Spa Features: Community; In Ground Parking Features: Additional Parking; Assigned; Detached; Garage View: Beach; Ocean Waterfront Features: Ocean Front Current Use: Residential Association Amenities: Beach Access; Community Pool; Elevator(s); Fitness Center; Gated; Management - Full Time; Management - On Site; Spa/Hot Tub; Trash Association Fee Includes: Insurance; Maintenance Grounds; Pest Control; Security Possession: Close Of Escrow Listing Terms: Cash; Conventional Contingency Reason: Financing; Inspection

Contract Information

Property Sub Type: Condominium
Property Attached YN: Yes
Listing Contract Date: 2025-05-05
Unit Type: End Unit

Location Tax and Legal

Street Number: 917
Street Name: 1ST
Street Suffix: Street
Street Direction Suffix: N
County: Duval
State: FL
Postal Code: 32250
MLS Area Major: 211-Jacksonville Beach-NE
Subdivision Name: Acquilus

Status Change Information

Major Change Timestamp: 2025-07-02T17:36:50Z
Major Change Type: Status Change
Purchase Contract Date: 2025-05-15
Close Date: 2025-07-02
Close Price: 1575000

DPR Eligible

DPR Eligible: No

More Information

Documents

flood disclosure ›

condo rider ›

Listing Office: WATSON REALTY CORP

Last Updated: July - 02 - 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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