The living spaces can range from 1,050 to 1,500 square feet which is sufficient for families as well as those who are single or retired. During the heydays the demands were so strong, many of the apartments have been converted to condos causing glut of inventories in greater Jacksonville area.

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.

Lots of water sports and many outdoor activities are available in close proximity. Museums like the Museum of Contemporary Art in Jacksonville is a great afternoon activity for you and your family.

There are also parks around the city with waterfront where you can spend a day of fun or just hang out enjoying the sunny weather of Florida. Now is the perfect time when the prices are reasonable and the market is poised for rebound after turbulent 2008.