Francis Cove Three
Homes for Sale in Jacksonville, FL
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of REAL BROKER LLC · via realMLS
Price in Francis Cove Three is driven by condition and vintage more than address. With a housing stock spanning from 1953 to 2023 and a median build year around 2001, you are looking at a genuine mix — mid-century homes, turn-of-the-century construction, and a handful of new builds sitting on the same streets. That spread means no single number tells the story; a renovated or newer home and a dated original will trade very differently.
The homes here run small, with a median living area near 1,140 square feet, so this is a compact-footprint community. Just over six in ten homes carry a homestead exemption, which points to a stock that is largely owner-occupied rather than churned by investors. For a buyer, that stability is a plus; for a seller, it means you are competing on condition — the updated homes set the pace.
Figures in this note are as of July 12, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Francis Cove Three is a small, established pocket of 53 homes in Jacksonville's Duval County, where a seven-decade span of construction and a modest median footprint create real variety within a compact area.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Francis Cove Three. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Francis Cove Three
Francis Cove Three
Francis Cove Three
Francis Cove Three
Francis Cove Three
Francis Cove ThreePhotos from realMLS listings in Francis Cove Three; content deemed reliable but not guaranteed.
Who Francis Cove Three is best for.
Best for
- Buyers seeking an efficient, smaller-footprint home with lower carrying costs
- Buyers comfortable weighing condition and vintage rather than chasing a fixed price point
- Long-hold owner-occupants drawn to a stable, established pocket
Probably not for
- Buyers who need substantial square footage or a large-lot home
- Buyers wanting a uniform, single-builder subdivision with predictable pricing
- Investors looking for high turnover and quick flips
The market around Francis Cove Three
Francis Cove Three is too small for its own price trend, so here is the market around it.
In ZIP 32233, 119 homes are on the market and 21% are under contract — a steady corner of Jacksonville.
Across Duval County, 4,473 homes are active and 1,509 pending (25% under contract).
ZIP and county figures describe the wider market, not Francis Cove Three specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Francis Cove Three, Jacksonville
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
The Francis Cove Three buying strategy.
If we were buying in Francis Cove Three today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Francis Cove Three.
Reading a mixed-vintage street
The defining feature here is age diversity. A build range from 1953 to 2023 with a median around 2001 tells you that redevelopment and infill have happened over time rather than in a single wave. Practically, that means two homes a few doors apart can differ enormously in systems, layout, and finish, so comparable sales need to be read carefully — not just by street, but by era and condition.
With a median living area near 1,140 square feet, expect efficient, right-sized floor plans rather than sprawling ones. That footprint suits buyers who value manageable space and lower carrying costs, and it rewards sellers who have invested in updates, since a well-done smaller home stands out against original stock.
The location and the amenities are priced into every listing in Francis Cove Three. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small community with a wide vintage spread, generic pricing tools fall apart — the difference between a 1953 original and a 2023 build is everything, and only a hands-on comp read captures it. We walk the homes, weigh condition against vintage, and price to the actual competition rather than an average, whether you are buying or selling.
Francis Cove Three in 15 seconds.
Tools for a Francis Cove Three buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Francis Cove Three sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Francis Cove Three, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Francis Cove Three home worth?
Get a no-obligation home value based on real comparable sales in Francis Cove Three, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Francis Cove Three on the map →
Recent Developments in Francis Cove Three
Development, infrastructure, retail, and school activity affecting Francis Cove Three, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Market
St. Johns County denies 4,462-acre Palm Valley farmland housing application under new state enclave law
Commissioners denied 3-2 on Sept. 15 the 4,462-acre Palm Valley application near Nocatee under the state agricultural enclave law, and the county plans to fight it in court. Another proposal of nearly 1,200 acres and about 15,000 homes south of St. Augustine was approved in August, then denied 3-2 on Sept. 28. St. Johns County has received 16 applications under the law.
What it may mean for the marketThe outcome of these applications will shape how much new housing supply can be added on rural land in the county. The site is about 12 miles south of Francis Cove Three.
Source: Jacksonville Today - September 2026Infrastructure
JEA advances about $690 million in infrastructure projects including Fulton Cut transmission line raise near JAXPORT
JEA is moving forward with three water reclamation projects (Blacks Ford in northwest St. Johns County, over $220 million; near Jacksonville International Airport, about $193 million; East Arlington, just under $165 million) and the $117 million Fulton Cut transmission line clearance over the St. Johns River near Blount Island. Fulton Cut, shared with JAXPORT and the city, is expected to finish in summer 2027 and all four projects by 2030.
What it may mean for the marketRaised power lines support larger ship access to port terminals, and new reclamation capacity supports growth in surrounding areas. The site is about 7 miles northwest of Francis Cove Three.
Source: News4JAX - September 2026Development
Gateway Jax seeks more than $70 million in city incentives for Riverfront Plaza tower and Hotel Merrydelle
Gateway Jax is requesting about $55.4 million in incentives for a 17-story, roughly $271.5 million Riverfront Plaza tower with 130 to 170 hotel rooms and 50 to 150 residences on Independent Drive. It also seeks a $15 million loan for the nearly $50 million renovation of the former Ambassador Hotel at 420 Julia Street. The Downtown Investment Authority board votes Sept. 16 and City Council has the final say.
What it may mean for the marketIf approved, the projects would add hotel rooms, residences and restaurants along the Downtown riverfront. The project is about 15 miles west of Francis Cove Three, elsewhere in Duval County.
Source: Jacksonville Today - July 2026Development
Culinary Institute of America selects Jacksonville for Southeast campus
News4Jax reported that the Culinary Institute of America chose downtown Jacksonville for its Southeast hub, to be located at 330 E. Bay Street on the Northbank riverfront. The campus would anchor a $160.5 million hotel and convention center development. The city previously approved up to $35 million in incentives, and the Downtown Investment Authority is finalizing agreements on design and property details.
What it may mean for the marketAnchors a major downtown riverfront redevelopment that pairs an educational campus with hotel and convention space, adding institutional and commercial investment to the urban core alongside Riverfront Plaza and Pearl Square. The project is about 14 miles west of Francis Cove Three, elsewhere in Duval County.
Source: News4Jax - April 2026Development
Southeast Toyota opens $170M vehicle-processing facility at JAXPORT's Blount Island, adding 400-plus jobs
Southeast Toyota Distributors dedicated a new vehicle processing facility at JAXPORT's Blount Island Marine Terminal in April 2026. The company put the investment at $170 million and said the facility created more than 400 full-time jobs, most of them hired locally.
What it may mean for the marketA large new employment center on Blount Island adds sustained local job demand, a factor that has historically supported nearby housing absorption. The site is about 7 miles northwest of Francis Cove Three.
Source: JAXPORT - February 2026Infrastructure
JAXPORT details $250M Blount Island modernization and record cargo in 2026 State of the Ports
At its February 2026 State of the Ports address, JAXPORT outlined a $250 million modernization of Blount Island's container and vehicle-handling capabilities and reported record fiscal-2025 cargo volumes. The port also said an air-draft expansion to accommodate larger ships is on track to finish by the end of 2026.
What it may mean for the marketContinued heavy investment in the Blount Island port complex anchors long-term industrial employment on the northeast side, a structural demand driver for the surrounding area. The site is about 7 miles northwest of Francis Cove Three.
Source: News4Jax
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Francis Cove Three?
What share of Francis Cove Three is owner-occupied?
When were the homes in Francis Cove Three built?
Who is the best real estate agent for Francis Cove Three?
How do I find a top Jacksonville real estate agent who knows Francis Cove Three?
Can Momentum Realty connect me with an agent for Francis Cove Three?
Should you buy in Francis Cove Three?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Francis Cove Three with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: October 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32233)) |
| Under-contract shares | realMLS records, as of 2026-10-25 |
| Historical depth | Closed-sale records back to 2019 (5 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Francis Cove Three fits the bigger picture — live prices, inventory, and Momentum Scores: