Merimar Place
Homes for Sale in Neptune Beach, FL
True comps, carrying-cost math, and listings before the portals.
Merimar Place is a small Neptune Beach pocket where the housing stock does the talking. With a build range stretching from 1918 all the way to 2024 and a median year built of 1959, this is not a uniform subdivision — it is a mix of older beach-adjacent cottages, mid-century homes, and newer infill. Price here is driven far more by condition, lot, and how much of the original structure remains than by any single comparable, so expect a wide spread rather than a tidy per-square-foot rule.
The median living area of roughly 2,241 square feet tells you these are mostly real houses, not teardown shacks, but the age gap means a buyer needs to underwrite renovation and system age carefully. For sellers, a well-updated home stands out precisely because the inventory is inconsistent; for buyers, the leverage is in reading which homes have been brought current and which are priced as projects.
The 60-Second Overview
This is a 187-home enclave in Neptune Beach where a century of building — 1918 through 2024 — sits side by side, and where owner-occupancy is the majority at roughly 61%. Value is condition-led, not template-led.
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.
Who Merimar Place is best for.
Best for
- Buyers targeting a Neptune Beach location who value character over new-build uniformity
- Buyers with a renovation budget looking for an older home to bring current
- Long-hold owner-occupants comfortable with a majority owner-occupied street
Probably not for
- Buyers who want matching, same-era homes and clean comparable sales
- Buyers with no contingency budget for older systems and structural surprises
- Investors seeking rapid turnover in a slower, owner-occupied pocket
The market around Merimar Place
Merimar Place is too small for its own price trend, so here is the market around it.
In ZIP 32266, 40 homes are on the market and 30% are under contract — a fast-moving corner of Neptune Beach.
Across Duval County, 3,937 homes are active and 1,726 pending (30% under contract).
ZIP and county figures describe the wider market, not Merimar Place specifically. Momentum Research analysis of MLS records.
Recent Developments in Merimar Place
Development, infrastructure, retail, and school activity affecting Merimar Place, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
JWB secures funding for 108 affordable housing units in Jacksonville
Jacksonville Today reported that JWB Real Estate Capital secured about $28.59 million in gap funding for 108 income-restricted units across three Westside sites on Tracy, Justina and Ricker roads. Plans include 38 townhome-style units and two sets of 35 efficiency units, priced at or below 60% of area median income for 50 years. Groundbreaking is expected by September 2026 with completion in 2027.
What it may mean for the marketAdds new income-restricted rental and townhome housing supply on the Westside, increasing the stock of long-term affordable units and drawing public and tax-credit investment into three infill sites. The project is about 22 miles west of Merimar Place, 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 15 miles west of Merimar Place, elsewhere in Duval County.
Source: News4Jax - June 2026Development
Hillwood contracts with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center
Master developer Hillwood contracted with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center on Jacksonville's Westside, continuing the buildout of the former Naval Air Station Cecil Field into an industrial and logistics park.
What it may mean for the marketContinued absorption of large industrial parcels at Cecil signals sustained employment growth on the Westside, which can support housing demand across nearby communities. The project is about 29 miles west of Merimar Place, elsewhere in Duval County.
Source: Jax Daily Record - 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 project is about 9 miles northwest of Merimar Place, elsewhere in Duval County.
Source: JAXPORT - April 2026Development
Hillwood seeks to mass-grade an AllianceFlorida site for a possible 1 million-square-foot building
Hillwood asked to mass grade a site at AllianceFlorida at Cecil Commerce Center to prepare for a possible 1 million-square-foot building, a step that typically precedes a large industrial or distribution user committing to the Westside park.
What it may mean for the marketA build-ready million-square-foot pad points to a potential large employer on the Westside, the kind of jobs anchor that can lift demand for nearby housing. The project is about 29 miles west of Merimar Place, elsewhere in Duval County.
Source: Jax Daily Record - 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 9 miles northwest of Merimar Place.
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.
The Merimar Place buying strategy.
If we were buying in Merimar Place 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 Merimar Place.
A century of housing on one street grid
The defining trait of Merimar Place is age diversity. A median build year of 1959 anchors the neighborhood in mid-century construction, but the range from 1918 to 2024 means you will walk past original beach cottages, post-war rebuilds, and brand-new construction within the same few blocks. That heterogeneity is the whole story on pricing — two homes of similar size can sit far apart on value depending on foundation, roof, systems, and how thoroughly they have been modernized.
At about a 61% homestead share, most of these are owner-occupied, which tends to correlate with maintained homes and a slower, less speculative turnover pattern. The median footprint near 2,241 square feet is generous for a coastal Neptune Beach location, but square footage alone will mislead you here. The real diligence is age-of-systems and renovation scope, and that is where a buyer either finds a bargain or inherits a project.
The location and the amenities are priced into every listing in Merimar Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood this varied, the number that matters is not the median — it is how a specific home compares to the specific home two doors down. We underwrite condition, system age, and renovation scope on each property so you are not paying updated-home money for a project, or missing a well-kept home that is quietly underpriced. That house-by-house read is the whole game in Merimar Place.
Merimar Place in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Merimar Place 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 Merimar Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Merimar Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Merimar Place home worth?
Get a no-obligation home value based on real comparable sales in Merimar Place, 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 Merimar Place on the map →
Should you buy in Merimar Place?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | realMLS records, as of 2026-08-30 |
| Historical depth | Closed-sale records back to 2002 (26 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 your area 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 Merimar Place fits the bigger picture — live prices, inventory, and Momentum Scores: