Aerial view capturing the diversity of real estate in Northeast Florida.
Northeast Florida is witnessing a significant rise in real estate transactions fueled by changing market dynamics and increased investor interest. Major property deals have been reported, particularly in St. Johns and Duval counties, covering various sectors including hospitality, commercial, and residential. Noteworthy transactions involve key properties and developments, reflecting an active and diverse real estate market that bodes well for future growth and investment opportunities in the region.
Northeast Florida is experiencing a notable increase in real estate transactions across several counties, reflecting shifting market trends and growing investor interest in the region. Key property deals have been recorded in St. Johns and Duval counties, ranging from hospitality and commercial spaces to residential and institutional sites.
One of the prominent transactions includes the sale of a significant hospitality property located at 500 S. Legacy Trail, St. Augustine. The property, part of the World Golf Village Renaissance St. Augustine Resort, encompasses 1.61 acres of land with a massive 287,796 square feet of built space. The buyer, St. Augustine Lodging Associates LLC, purchased the property from Atrium Finance IV.
Another notable deal involves the resort at World Golf Village rental weeks at 100 Front Nine Drive, St. Augustine. This property was sold by Bluegreen Vacations Unlimited Inc. to Vacation Trust Inc., indicating ongoing activity in the vacation and hospitality sector within the region.
In Jacksonville, several significant property transactions underscore the increased market activity. The Candlewood Suites, located at 2073 Mayport Road, was acquired by Butler Lodging LLC from Mayport Lodging 2 Inc.. The property sits on around 1.13 acres of land with a building covering 31,693 square feet, illustrating ongoing interest in hospitality investments.
Commercial and institutional properties also saw multiple sales. A collection of properties including churches, parking lots, and commercial spaces around W. Ashley Street, Hogan Street, and West Beaver Street were sold to North Core 904 LLC from EJPC LLC. These transactions highlight the vibrancy of Jacksonville’s downtown and commercial districts.
On the residential front, a 3.8-acre parcel at Glen Kernan Parkway was bought by Mattamy Jacksonville LLC, marking ongoing development and residential planning. Additionally, an institutional property, a school at 1824 and 1866 Dean Road, Jacksonville, changed hands from Akam Soranny LLC to the Islamic Center of Northeast Florida Inc.. This site covers 6.35 acres with a built area of 52,346 square feet and was previously sold for $2.7 million in 2024.
Other notable deals include the commercial property at 331 W. Ashley Street, which was purchased by North Core 904 LLC from AWP331 LLC, and an office building at 2443 St. Johns Bluff Road S. acquired by Big Swole Holdings LLC from Kenney LLC. The latter property, comprising 6,000 square feet, was last sold in 2005 for $525,000.
A warehouse at 146 Levy Road, Atlantic Beach, was sold to Knox Property Group LLC by Tension Minefield Holdings LLC. Spanning 7,167 square feet on a 0.42-acre lot, this deal illustrates ongoing industrial property transactions. Additionally, a residential project involving six lots in Stillwood Pine Boulevard, Jacksonville, was acquired by Jax Construction Holdings LLC from CND-ICI SEQ LLC, marking further residential development in the area.
The recent surge in real estate transactions across Northeast Florida indicates a dynamic market with active investment in hospitality, commercial, residential, and institutional properties. The diversity of property types and investment sources suggests sustained growth and confidence in the region’s economic prospects. The increase is consistent with broader trends of regional development, infrastructure improvements, and a growing population fueling demand for various property sectors.
As the market continues to evolve, these transactions reflect both short-term shifts and long-term opportunities for investors, developers, and community stakeholders in northeast Florida. The ongoing activity underscores the importance of monitoring regional real estate trends to understand the future economic landscape of the area.
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