News Summary
Jacksonville and St. Augustine, Florida, are witnessing a surge in real estate activity, with various properties changing hands in recent weeks. Key transactions include a large warehouse purchase by CIP Imeson LLC and a shopping center acquisition by SCG-Hodges Station LLC. Additionally, residential developments are expanding, with significant acquisitions by Jacksonville Rental Properties LLC and Ashton Jacksonville Residential LLC. This revitalized interest in both commercial and residential properties indicates a thriving market that is set to attract more investors and homeowners in the area.
Recent Real Estate Happenings in Jacksonville and St. Augustine, Florida
It’s been a bustling time for real estate activity in Jacksonville and St. Augustine, Florida! A variety of properties, from large commercial warehouses to quaint residential homes, have been bought and sold in recent weeks. So, if you’re curious about who’s buying what and where, here’s the lowdown on several key transactions that have taken place.
Warehouse Dreams Come True
First up, we have a substantial deal at 1000 Imeson Park Blvd. in Jacksonville. A whopping 29.57 acres of land surrounding the Imeson Commerce Center warehouse has found a new owner! The buyer, CIP Imeson LLC, has snagged a gigantic structure that boasts a size of 428,610 square feet. This transaction, made with Imeson Property LLC, could indicate some exciting developments in the commercial sector of the area!
Shopping Local
On the retail scene, the Hodges Station shopping center at 13529 Beach Blvd. also changed hands, with SCG-Hodges Station LLC stepping in as the new owner. This center sits comfortably on 2.84 acres and consists of 24,174 square feet of retail space. Previously sold for $7,700,000 in 2008, this location continues to attract the attention of savvy investors.
A Home Away from Home
For those seeking residential options, 2535 Jammes Road, Jacksonville has seen the purchase of an apartment complex featuring 56 units on a 1.96-acre parcel. Jacksonville Rental Properties LLC is the new owner, with the property previously selling for $1,980,000 in 2021. This change could make a difference in the local rental market!
Deerwood at a Glance
Meanwhile, Greystone Park at Deerwood, located at 10550 Deerwood Park Blvd., has found a new owner in 500 DWP LLC. This charming piece of property, encompassing 5.17 acres, is set to add to the community’s appeal.
Residential Horizons Expanding in St. Augustine
Over in St. Augustine, there’s news on the residential front as well. A planned residential site at 6695 U.S. 1 S., which covers 18.3 acres, recently transferred ownership to Ashton Jacksonville Residential LLC. The previous owner, Citygate Partners LLC, had acquired the land for $1,300,000 in 2024, indicating a strong interest in expanding residential options in this beautiful area.
Commercial and Other Ventures
In addition to residential buyouts, there are commercial and specialized transactions occurring too! For instance, a property on 3567 St. Johns Ave. measuring 0.29 acres was recently sold to 3567 St. Johns Ave Land Trust from the Rickey L. May Jr. Trust. This property also had a history, being sold for $360,000 back in 1992. Further diversifying property interests, an airport hangar condominium at 10786 Craig Blvd. has also changed ownership.
Future Developments in Jacksonville
Last but certainly not least, Hoose 18 LLC has made an exciting acquisition of residential homes throughout Jacksonville and Jacksonville Beach, purchasing from a collection of multiple LLCs, ensuring that the region’s housing stock continues to evolve. And let’s not forget the 16 town home lots in the new Enclave at Mill Creek North Townhomes, scooped up by Lennar Homes LLC.
In conclusion, Jacksonville and St. Augustine are experiencing a whirlwind of activity in the real estate market. With buyers showing keen interest in various types of properties, both commercial and residential, one can only wonder what developments await in the near future. Whether you’re an investor, homeowner, or simply love to keep up with local happenings, these transactions are definitely notable!
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Additional Resources
- Jacksonville Homebuilder Dream Finders Homes Earns National Honors
- Empire Realty and Mortgage LLC Celebrates Grand Opening in Jacksonville
- Jacksonville Housing Market Forecast
- Top Commercial Sales of the Week
- Jacksonville Market Report
- Wikipedia: Jacksonville, Florida
- Google Search: Jacksonville real estate
- Google Scholar: Jacksonville real estate
- Encyclopedia Britannica: Jacksonville, Florida
- Google News: Jacksonville real estate news
