Jacksonville Florida like the rest of southern Florida have been hit hard by recent downturn in housing markets. The over built inventories of Jacksonville condominiums are rampant in areas like Overlook, Stonebridge, Wolfcreek, Campfield, and Point Meadow. The condos are perfect for those who do not have to worry about maintenance or high prices of homes.
The size of these condos range anywhere from 1,050 to 1,500 square feet which is a good living space. Demands were so strong in the speculative days of condos that many apartments were converted into condominiums, which left many inventories of condos unsold.
The prices of Jacksonville condominiums have declined in recent years and the average selling prices can go from $125,000 to $300,000, very affordable compare to the height of the building boom. Many developers are offering large incentives and upgrades to buyers to move these inventories.
But one of the markets that are holding up better than rest of the housing market is the luxury condo market. Some luxurious condos have come to market in downtown Jacksonville. For someone willing to pay for luxury, Berkman Plaza Two, Peninsula, The St. Johns, and the Shipyard are good option for investment as well as luxurious Jacksonville condominiums living. The downtown location makes it ideal for those working in downtown, it cuts down on commuting time. In building amenities such as shopping, cleaners, restaurants, and security is other benefits.
There are plenty of things to do in Jacksonville to occupy your time. Water Sports and museums like Museum of Contemporary Art offers you and your family cultural lifestyle as well as fun during your free time.
Just spend a day of fun in the water or the parks, or just enjoy the nice sunny weather of Florida. Now is the right time before the market rebounds some time in near future.
The size of these condos range anywhere from 1,050 to 1,500 square feet which is a good living space. Demands were so strong in the speculative days of condos that many apartments were converted into condominiums, which left many inventories of condos unsold.
The prices of Jacksonville condominiums have declined in recent years and the average selling prices can go from $125,000 to $300,000, very affordable compare to the height of the building boom. Many developers are offering large incentives and upgrades to buyers to move these inventories.
But one of the markets that are holding up better than rest of the housing market is the luxury condo market. Some luxurious condos have come to market in downtown Jacksonville. For someone willing to pay for luxury, Berkman Plaza Two, Peninsula, The St. Johns, and the Shipyard are good option for investment as well as luxurious Jacksonville condominiums living. The downtown location makes it ideal for those working in downtown, it cuts down on commuting time. In building amenities such as shopping, cleaners, restaurants, and security is other benefits.
There are plenty of things to do in Jacksonville to occupy your time. Water Sports and museums like Museum of Contemporary Art offers you and your family cultural lifestyle as well as fun during your free time.
Just spend a day of fun in the water or the parks, or just enjoy the nice sunny weather of Florida. Now is the right time before the market rebounds some time in near future.
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If your thinking about purchasing a Jacksonville condominiums, please review Jacksonville Condominiums, and Jacksonville Condominiums
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