Real Estate

Golf has seen remarkable growth in recent years, creating a strong seller’s market for courses and facilities. Investors are willing to pay top dollar to be part of this booming industry. According to Leisure Investment Properties Group, the average sale price for golf courses reached over $6.87 million last year—a 38% jump from just under […]

In Northeast Florida, the single-family home market picked up momentum in February after a sluggish start to the year. According to data from the Northeast Florida Association of Realtors, closed sales for single-family homes increased by 8.7% from the previous month, reaching 1,271 transactions. Homes also spent less time on the market, with the median

The Ponte Vedra Inn & Club is undergoing a significant renovation, with one major phase about to begin. The luxury resort in St. Johns County first announced its renovation plans in August 2023, receiving county approval later that year. One of the key aspects of the project is the construction of a new Surf Club.

Shifting Towards a Buyer’s Market Jacksonville’s housing market is becoming more stable as home prices decline and inventory increases. Since peaking in 2022, prices have dropped by about 3.4%, with the average home now selling for $287,000, according to Zillow. This shift makes homeownership more affordable, said Paul Vie, Lending Market Leader at Bank of

Development in West Jacksonville A publicly traded developer specializing in single-family communities is bringing another project to Jacksonville, this time on the Westside. Forestar Group submitted site plans to the City of Jacksonville on Wednesday for Cedar River Station, a 182-unit townhome community planned for Lane and Lenox Avenues. This marks the developer’s second proposed

Commercial One of the longest-standing restaurant bars near public beach access in St. Augustine Beach has officially hit the market. Jack’s BBQ, along with its attached brewery, is now listed for sale at $7.8 million. According to Jena Dennis of Great Expectations Realty, the listing went live Wednesday afternoon. With extensive experience selling properties in

Now Open Lily’s Asian American Food Lily’s Asian American Food has opened downtown at 11 E. Forsyth St., in the former Super Food & Brew location. The restaurant offers a fusion of Filipino and American flavors, featuring dishes like a beef and pork burger, Filipino beef lumpia, and oxtail kare-kare—a traditional peanut-based stew with oxtail,

The city’s workforce with strong industries like advanced manufacturing and financial services, have created opportunities for collaboration between public and private sectors which position it for steady growth, similar to the previous year. At the Jacksonville Business Journal’s Economic Outlook event on Jan. 21, experts pointed to rapid population growth, strong partnerships, and higher education

Nocatee Plans are progressing for the construction of hundreds of multifamily units in the Nocatee area. Thompson Thrift Development, a real estate developer based in Indianapolis, has submitted nine permits for review by the City of Jacksonville. These permits are for a 312-unit residential project called Ponte Vedra Burbank Apartments, located along the Duval-St. Johns