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.

Residential (MLS# SA264917)

New Listing

$924,999

Aerial perspective of beachfront multi-story residential buildings featuring exterior balconies, situated along a coastline with integrated golf course greens and sand traps Aerial View

Aerial perspective featuring coastal landscape, golf course fairways, sand bunkers, mature native vegetation, and ocean coastline Community

Living space featuring vaulted ceilings, wood-finish flooring, a ceiling fan with integrated lighting, plantation shutters, and sliding glass doors opening to a railed balcony with water scenery Living Room

Vaulted ceilings featuring a central paddle fan, wood-finish flooring, and recessed architectural wall niche Living Room

Vaulted ceilings, wood-finish flooring, plantation shutters, and polished metal ceiling fan Living Room

Vaulted ceilings, wood-finish flooring, metal-frame geometric pendant lighting, and louvered shutters, featuring a balcony with a coastal backdrop Dining Area

Dining area featuring wood-finish flooring, a decorative metal chandelier, and a pass-through opening with a stone-top counter Dining Area

Wood-finish flooring, plantation shutters, metal-finish pendant lighting, recessed ceiling lighting, and a breakfast bar with stone-finish countertops Dining Area

Kitchen featuring light wood cabinetry, dark stone countertops, stainless steel appliances, wood-finish flooring, and vaulted ceilings with recessed lighting Kitchen

Kitchen featuring natural wood cabinetry, dark stone countertops, stainless steel appliances, wood-finish flooring, and recessed lighting Kitchen

Kitchen featuring light wood cabinetry, dark stone countertops, stainless steel appliances, wood-finish flooring, and a multi-light beaded chandelier Kitchen

Light-toned cabinetry, dark stone countertops, wood-finish flooring, vaulted ceilings, and decorative pendant lighting Dining Area

Kitchen featuring light-finish cabinetry, dark stone countertops, stainless steel appliances, and wood-finish flooring Kitchen

Coastal residential setting featuring multi-level architecture, expansive golf course fairways, sand bunkers, and immediate proximity to the Atlantic shoreline Community

Covered balcony featuring tile flooring, white metal railing, and a ceiling-mounted fan Balcony

Elevated exterior balcony with a coastal panorama including a golf course, sand dunes, and the ocean shoreline Community

Covered balcony featuring dark tile flooring, white metal railing, and wall-mounted exterior lighting Balcony

Elevated balcony featuring expansive coastal scenery, sand dunes, a manicured golf course, and ocean water Community

Vaulted ceiling featuring a central multi-blade ceiling fan, white window shutters, and light-tone wood-finish flooring Bedroom

Vaulted ceilings featuring a brushed nickel ceiling fan with wood-finish blades, wood-finish flooring, and bi-fold closet doors Bedroom

Light-toned wood-finish flooring, vaulted ceiling, and white plantation shutters Bedroom

White plantation shutters, wood-finish flooring, and coastal scenery Office

High ceilings, neutral wall palette, and wood-finish flooring complemented by a ceiling fan with light fixture Bedroom

Bathroom featuring a wood-finish vanity with a countertop basin, a large wall-mounted mirror, overhead multi-bulb lighting, and a glass-enclosed shower with tile surround Bathroom

Bathroom featuring a glass-enclosed shower, light wood cabinetry, a large wall-mounted mirror, four-bulb vanity lighting, and tiled surrounds Bathroom

Built-in vanity featuring light wood cabinetry, stone-finish countertop, and polished chrome hardware, complemented by a drop-in soaking tub with a tile-surround deck Bathroom

High-ceiling interior featuring light wood-finish flooring and windows equipped with plantation shutters Bedroom

Bathroom featuring a vanity with light wood-finish cabinetry, a white countertop, an integrated sink, a large wall-mounted mirror, and a tub-shower combination with decorative tile surround Bathroom

Vaulted ceilings, wood-finish flooring, and neutral wall tones Bedroom

Bathroom featuring a wood-finish vanity, solid-surface countertop with an integrated oval sink, polished chrome faucet, large rectangular mirror, and a tub-shower combination with decorative wall tile Bathroom

Architectural arched doorways, wood-finish flooring, recessed lighting, and a closet with louvered doors Hallway

Entryway featuring light-toned wood-finish flooring, a recessed ceiling tray with a decorative pendant light fixture, and a wall-mounted matte black garment hook rail Entrance Foyer

Multi-story building featuring shingle roofing, exterior balconies, manicured landscaping with palm trees, and an asphalt parking area situated along the coast Aerial View

Multi-story residential complex featuring shingled hip roofs, private balconies, paved parking areas, and exterior siding, situated along a coastal landscape with golf course fairways Aerial View

Aerial perspective of a multi-story residential complex featuring immediate proximity to the coastline, landscaped grounds, and a golf course Aerial View

Community monument signage featuring natural stone masonry, white painted timber posts, and decorative landscaping with flowering shrubs Community

Community center featuring a multi-level pool, expansive hardscaped deck, integrated palm tree landscaping, and coastal waterfront positioning Aerial View

Coastal property featuring direct oceanfront access, sandy shoreline, and multi-story residential architecture Aerial View

Recreational area featuring a splash pad structure, slide, white vinyl perimeter fencing, and mature palm trees Playground

Outdoor splash pad featuring a multi-tiered water structure, yellow slide, and concrete deck surround enclosed by white vinyl fencing Playground

In-ground swimming pool featuring a concrete surround, white vinyl fencing, and a permanent cabana structure Pool

Curved swimming pool featuring a tile border, paved pool deck, shaded pavilion, and mature palm trees Pool

Swimming pool with tiered entry steps, metal handrails, and a surrounding paved deck area featuring a shaded pavilion Pool

Freeform swimming pool with tiled coping and metal handrails, surrounded by a paved deck, native palm trees, and building structures with metal roofing Pool

In-ground spa with tile surround, paved patio surface, and mature landscaping Pool

Multi-level exterior featuring a metal roof, arched architectural details, second-story balconies, and exterior staircases framed by palm trees and manicured shrubbery Front Of Structure

Swimming pool featuring patterned tile coping, integrated stair entry with metal handrails, and surrounding terracotta-toned paver decking Pool

Large swimming pool with paver decking, cabanas, and integrated outdoor bar structure Pool

Coastal lawn featuring mature palm trees, native dune vegetation, and ocean frontage Yard

Paver stone walkway featuring dual outdoor showers and a wooden boardwalk leading to a pergola Community

Clubhouse facility featuring a metal roof, dormer windows, stone facade accents, and surrounding palm trees and manicured shrubbery Front Of Structure

Expansive room featuring a coffered ceiling, wainscoting, wood-finish flooring, recessed lighting, and multiple French doors Game Room

Multi-purpose room featuring wood-finish flooring, high ceilings, beadboard wainscoting, and decorative wall-mounted light fixtures Dining Area

High-ceilinged recreational room featuring wood-finish flooring, recessed lighting, chair rail molding, and multiple windows with valances Dining Area

Fitness center featuring high ceilings, wall-to-wall mirrors, resilient rubber flooring, and crisp white wainscoting Gym

Fitness area featuring high ceilings, rubberized flooring, wall-to-wall mirrors, recessed lighting, and crown molding Gym

Covered outdoor loggia featuring ceramic tile flooring, arched architectural detailing, and full-glass entry doors Other

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,003 Status: Active

Current Price: $924,999 List Date: 11/13/2026 Last Modified: 11/15/2026

Overview

Description

EXCEPTIONAL RENTAL INCOME-PRODUCING LUXURY PENTHOUSE WITH BREATHTAKING ATLANTIC OCEAN VIEWS & SOARING VAULTED CEILINGS! Discover this stunning top-floor, corner-unit penthouse showcasing sweeping Atlantic Ocean views and dramatic soaring vaulted ceilings exclusive to the penthouse residences. These impressive architectural features create an extraordinary sense of space, openness, and elegance, setting this exceptional three-bedroom, three-bath condominium apart from the rest. Located within the prestigious, gated Ocean Hammock community of Palm Coast, Florida, this beautifully appointed penthouse combines sophisticated coastal living, resort-style amenities, and exceptional vacation rental investment potential. Expansive windows and sliding glass doors fill the spacious open-concept living areas with natural light, creating an elegant and inviting coastal retreat. Step outside to the oversized private balcony, where spectacular Atlantic Ocean views and refreshing ocean breezes.

Supplements: Expansive windows and sliding glass doors fill the spacious open-concept living areas with natural light, creating an elegant and inviting coastal retreat. The well-appointed kitchen features generous counter space, ample cabinetry, a pantry, and a charming breakfast nook. The spacious primary suite features a king-sized bed, dedicated workspace, a ... (Read more)

Listing Details MLS# SA264917

General Property Information

Bedrooms Total: 3
Bathrooms Full: 3
Bathrooms Total: 3
Year Built: 2005
Lot Size Acres: 0.3
Association YN: Yes
Association Fee: 787
Association Fee Frequency: Monthly
Association Fee 2: 1048
Association Fee 2 Frequency: Quarterly
Association Name: May Management
CDD Fee YN: Yes
CDD Fee Amount: 135
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Waterfront YN: No
Stories: Yes
Stories Total: Yes
Entry Level: 4
Directions: Heading North on Hammock Dunes Parkway, turn Right on Osprey Way through Guarded Gate, Turn Left at Stop Sign onto Ocean Way N. Take roundabout towards Cinnamon Beach Way, Building 400 will be on your Left. Condo is on the 6th Floor.
Public Remarks: EXCEPTIONAL RENTAL INCOME-PRODUCING LUXURY PENTHOUSE WITH BREATHTAKING ATLANTIC OCEAN VIEWS & SOARING VAULTED CEILINGS! Discover this stunning top-floor, corner-unit penthouse showcasing sweeping Atlantic Ocean views and dramatic soaring vaulted ceilings exclusive to the penthouse residences. These impressive architectural features create an extraordinary sense of space, openness, and elegance, setting this exceptional three-bedroom, three-bath condominium apart from the rest. Located within the prestigious, gated Ocean Hammock community of Palm Coast, Florida, this beautifully appointed penthouse combines sophisticated coastal living, resort-style amenities, and exceptional vacation rental investment potential. Expansive windows and sliding glass doors fill the spacious open-concept living areas with natural light, creating an elegant and inviting coastal retreat. Step outside to the oversized private balcony, where spectacular Atlantic Ocean views and refreshing ocean breezes.
List Price/SqFt: 461.81

Contract Information

Property Sub Type: Condominium
Listing Contract Date: 2026-11-13
Occupant Type: Owner

Location Tax and Legal

Subdivision Name: Ocean Hammock

Status Change Information

Major Change Timestamp: 2026-11-13T05:00:00Z
Major Change Type: New Listing
Status Change Timestamp: 2026-11-13

Location, Tax, and Legal

Zoning: RES

Listing Office: Hammock Real Estate Group

Last Updated: November - 15 - 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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