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Basch Report: Deutsche Bank could move jobs to Jacksonville PAGE 3

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Record & Observer REDEVELOPMENT JACKSONVILLE

Area’s 11th Amazon center ID’d

LAURA STREET TRIO PLANS Record & Observer MAY TAKE AN UPSCALE TURN

A delivery station — one of five in the area so far — is planned in Northwest Jacksonville.

JACKSONVILLE

Record & Observer BY KAREN BRUNE MATHIS EDITOR

An 11th Northeast Florida Amazon.com Inc. facility is planned, this one a delivery station in Northwest Jacksonville. The city is reviewing plans for a $16 million, 155,819-square-foot delivery station, code-named DJX5, in the Perimeter West Industrial Park. The new building is at 4345 Perimeter Industrial Parkway N. Amazon would lease it. The DJX designation is Amazon’s code for a Jacksonville delivery station. Plans say the station is designed for a package delivery service with two shifts – one day, one evening – and a potential third shift during peak seasons. No contractor is listed. Baker Barrios of Orlando is the architect. TLC Engineering Solutions of Orlando is the civil engineer. The plans specify how the station will operate. Packages arrive in cardboard boxes labeled for shipping within local neighborhoods and areas surrounding the facility. They are brought into the facility by tractor-trailers and unloaded. The packages are sorted into more specific locations, put into mobile carts and rolled to the loading area. There, they are loaded into vans for delivery. Atlanta-based Rooker completed the speculative building early this year. Rooker Vice President Cason Bufe said Aug. 10 he had no tenants to announce but had “good leasing activity on it.”

JACKSONVILLE

Record & Observer The Laura Street Trio at 51 W. Forsyth St. Downtown comprises the Florida Life Building (left), the Bisbee Building and the Marble Bank Building (front).

Developer Steve Atkins plans to start work in 2021 on the Downtown project that could become part of the Marriott Autograph brand. BY MIKE MENDENHALL STAFF WRITER

outhEast Development Group LLC Managing Director Steve Atkins said Dec. 14 Marriott is reviewing the proposed Laura Street Trio adaptive reuse project Downtown as a candidate for its Autograph Collection of hotels. The possibility of raising the Trio hotel’s profile from the previously announced Courtyard by Marriott to Autograph comes as Atkins and the Downtown Investment Authority work toward a new city-backed development deal to renovate the three historic vacant structures at 51 W. Forsyth St. Atkins said he intends to submit final documents to the DIA before its January board meeting. The Trio is designed as a hotel, office, commercial and SEE TRIO, PAGE 6

Photos special to the Daily Record

SouthEast Development Group LLC Managing Director Steve Atkins intends to transform the Laura Street Trio into a mixed-use development with a hotel and grocery.

What’s Trending: Home listings are in short supply PAGE 2 The top sales of the week in commercial real estate PAGE 5 The Top 10 home sales of the week PAGE 8

KMATHIS@JAXDAILYRECORD.COM (904) 356-2466

THE MATHIS REPORT

Grocery store is proposed for the eTown community Footprint matches the size of a Publix. PAGE 4 VOLUME 3, NO. 29 • ONE SECTION

JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER 2 JaxDailyRecord.com

17, 2020 THURSDAY, DECEMBER JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER

JaxDailyRecord.com THURSDAY, SEPTEMBER 19, 2020 1

WHAT’S TRENDING

Big news doesn’t break just on Thursday. Here’s a look at some of the top stories published over the past week online at JaxDailyRecord.com and in the Jacksonville Daily Record that you may have missed.

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REAL ESTATE

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Region ‘desperately needs’ homes for sale

of homes for sale,” NEFAR President The Northeast Florida residential Ron Harris real estate inventory hit HOW its lowest TO REACH US said in a news release. “The depleted supply is not even close to point this year in November, with 5,211 being able to FL, support the demand.” properties onW. the market,St., 44.7% fewer 121 Forsyth Suite 150, Jacksonville, 32202 saw 2,680 homes sold in than the same period(904) in 2019. Phone: 356-2466, FaxNovember (904) 353-2628 Northeast Florida, which is 13% higher The inventory equates to about jaxdailyrecord.com than November 2019, the release said. a 1.7-month supply, according to a Only 2,657 new listings were added Northeast Florida Association of Realto the market, which did not exceed tors news release. ABOUT US the number of homes sold. A balanced market is considered Jacksonville Daily Record and Jacksonville Record & Observer are a division of The median sales price was to be between five and six months’ Observer Media Group Inc. $262,000, down from $263,000 in supply. October but 12.9% higher than the “Northeast Florida’s housing market Established in 1912, the Financial News & Daily Record, now the Jacksonville Daily November 2019 median sales price. desperately needs a significant influx Record, is published Monday-Friday and is the Official Court Newspaper of the Circuit Court and publisher of public notices in Duval County.

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Jacksonville Daily Record and Jacksonville Record & Observer are a division of Observer Media Group Inc. Established in 1912, the Financial News & Daily Record, now the Jacksonville Daily JACKSONVILLE Court Newspaper of the Circuit Record, is published Monday-Friday and is the Official Court and publisher of public notices in Duval County. Jacksonville Record & Observer is a free weekly business newspaper available in Downtown Jacksonville and key business nodes throughout Jacksonville. To find a location near you, visit jaxdailyrecord.com/rack-locations.

Home2 Suites in Brooklyn takes a step

board expects extendedKelco Management DevelopEditorial content focuses onand news and trends, withThe a concentration onthe development, stay and hotelindustry to havetrends higher and quality ment still has designlaw, work to do before real estate, construction, companies, economic how local architectural finishes when it returns Downtown regulators willbusiness. allow it to and state government affects for final review. break ground on a proposed Home2 “This looks like the Home2 budget Suites by Hilton in Brooklyn. STAFFhotel,” board member Craig Davisson The Downtown Development Review said. “It looks like it’s notLesowitz up to the Board voted 7-0 on Dec. 10 to award Director Publisher / Matt Walsh of Advertising / Jay mwalsh@jaxdailyrecord.com standard on what I’ve seen of other conceptual approval for the project at jlesowitz@jaxdailyrecord.com Home2 hotels.” 600 Emeritus Park St. / James F. Bailey Jr. Publisher Advertising Coordinator / Codi Gildberg

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THURSDAY, DECEMBER 17, 2020

Deutsche Bank could add Jacksonville jobs Industry trends lifting Black Knight

The German bank is considering moving jobs out of New York to lower-cost cities. Deutsche Bank’s long-term plans to grow its Jacksonville operations center, which employs about 2,000, seemed to fizzle as the Germany-based bank retrenched its global operations in the last two years. But as the company looks ahead to a post-COVID-19 restructuring, it might consider moving more jobs to Jacksonville. In an interview with the Financial Times published Dec. 14, the chief executive of Deutsche Bank’s U.S. operations said the company may move jobs out of New York City into “smaller hubs and pockets.” Christiana Riley said Deutsche Bank could reduce its New York staff of 4,600 by half Riley and move those jobs to lower-cost cities, the financial newspaper said. Jacksonville is Deutsche Bank’s second-largest U.S. operation outside of New York City. Riley said lessons learned during the pandemic as employees worked from home demonstrated the bank may not need so many people in a New York office. Rather than have employees continue to work from home when the pandemic eases, Deutsche Bank might move more workers to hubs like Jacksonville. A Deutsche Bank spokesman said the company would not comment on the possibility of moving more jobs to Jacksonville. Deutsche Bank opened its

File image

The Deutsche Bank campus at 5201 Gate Parkway. The German bank has two office campuses in Jacksonville and can accommodate up to 2,800 workers.

Jacksonville campus in 2008 and when it added another building in 2016, then-CEO John Cryan said its offices could accommodate up to 2,800 employees. However, Cryan was fired in 2018 and his successor, Christian Sewing, began a program of cost cutting as the bank struggled financially. Deutsche Bank last year said it planned to cut about 18,000 jobs and reduce total global employment to 74,000 by 2022. The company reported 86,984 employees at the end of the third quarter. In a previous interview with the Financial Times in June, Riley said the company’s cuts in the U.S. were complete. During an investor meeting last week in Frankfurt, Sewing said the bank’s restructuring plans are going well. “Since 2018 we have consistently delivered on or ahead of our targets,” Sewing said in a news release. “We will maintain our discipline on cost and risk management as we now enter the third phase of our transformation: sustainable revenue growth and profitability,” he said.

CSX-Pan Am deal a ‘unique situation’ Before its agreement two weeks ago to buy Pan Am Railways Inc., CSX Corp. hadn’t made an acquisition to expand its vast rail network this century. The deal, which expands Jacksonville-based CSX’s rail operations in New England, doesn’t signal a new strategy, according to Chief Financial Officer Kevin Boone.

“I think Pan Am was probably more of a unique situation in terms of short lines. I don’t think you could look for us to be big buyers in that market necessarily over the next few years,” Boone said at an investor conference held by Credit Suisse. “There are assets Boone that come up that are unique and are a fit (and) we’ll certainly look at those. But I wouldn’t read into anything there in terms of more transactions on that side,” he said in a webcast from CSX’s Jacksonville headquarters. CSX’s rail system covers most of the Eastern U.S. The Pan Am deal adds 1,800 miles of track, expanding CSX operations in Connecticut, New York and Massachusetts and adding Vermont, New Hampshire and Maine to its network. CSX’s last big railroad expansion was its 1998 acquisition of 42% of Conrail Inc.

CSX downgraded to ‘underweight’ Morgan Stanley analyst Ravi Shanker last week downgraded his rating on CSX from “equal weight” to “underweight” with a price target of $60, which would be a huge drop from its recent trading price near $90. “The downgrade reflects valuation more than anything – our view on fundamentals has not materially changed and we continue to believe that normalized EPS for CSX remains around $4 and the

JinkoSolar expects bump from Biden As Wall Street tries to assess the winners and losers in a Joe Biden administration, JinkoSolar Holding Co. Ltd. is promoting itself as a beneficiary of the president-elect’s policies. “We strongly believe that the PV (photovoltaics) industry has ushered in a golden age, together with strong support from government policies to adopt renewable energy, promote grid transformation and green investments,” CEO Kangping Chen said last week in a news release as JinkoSolar reported earnings. “In the U.S., solar demand is expected to more than double over the next five years under the Biden administration,” he said. China-based JinkoSolar opened its first solar panel manufacturing plant outside of Asia last year in AllianceFlorida at Cecil Commerce Center in West Jacksonville. JinkoSolar said third-quarter revenue rose 17.2% to $1.29 billion and adjusted earnings rose 6.7% to $47.3 million, or 27 cents a share.

Flowers Foods Landstar paying promotes former special $2 dividend Jacksonville exec For the third time in the past four years, Landstar System Inc. is giving shareholders a special dividend in January. The Jacksonville-based trucking company last week said it would pay $2 per share on Jan. 22 after paying $2 a share in January 2020 and $1.50 a share in January 2018. The special dividend is in addition to Landstar’s regular quarterly dividend, which was raised from 18.5 cents a share to 21 cents in July. “Landstar’s strong balance sheet and free cash flow generation enables us to continue to return value to our stockholders through a special dividend,” CEO Jim Gattoni said in a news release.

Flowers Foods Inc. last week promoted Heeth Varnedoe, former president of its Jacksonville bakery, to a top executive position at the Thomasville, Georgia-based company. Varnedoe was named chief transformation officer, a newly created position to oversee implementation of long-term strategic initiatives. Varnedoe was president of the Jacksonville bakery before leaving Flowers in 2000. He rejoined the bakery company in 2012 and most recently served as senior vice president of direct store delivery regions/ sales.

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Jefferies analyst Ryan Carr rated Black Knight Inc. at “buy” Dec. 14, saying market trends should help the Jacksonville-based mortgage technology company. In an initiation report on five real estate finance and technology companies, Carr said he expects mortgage activity to grow better than expected. “We believe that numerous secular tailwinds, including pent-up demand, increasing prevalence of digital adoption, the migration of individuals away from cities and into new markets, looming foreclosure activity, and the substantial pipeline of mortgages eligible to refinance will buttress the mortgage operating environment moving forward,” Carr said in his report. “We anticipate the persistence of the favorable origination environment to benefit all players in the space,” he said. For Black Knight, “we believe the most significant near-term growth driver will be the recent Optimal Blue acquisition, which we anticipate driving 20% EPS expansion in 2021 as a substantial cross-sell opportunity is ramped,” Carr said. Black Knight was the lead investor in a group that bought Optimal Blue, which provides data and other analytics services for the mortgage industry.

Landstar said it had $258 million in cash and short-term investments on its balance sheet at the end of the third quarter. Jacksonville’s other publicly traded trucking company, Patriot Transportation Holding Inc., recently announced a special dividend of $3 a share for the second year in a row.

THE BASCH REPORT

stock deserves to trade around 15x (15 times earnings) at best,” Shanker said in a research report.

JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER

THURSDAY, DECEMBER 17, 2020

JaxDailyRecord.com

THE MATHIS REPORT

Grocery proposed for eTown community

KAREN BRUNE MATHIS EDITOR

Plans filed with the city show a supermarket that matches the size of a Publix store. An unidentified grocery store is proposed for eTown, the master-planned Southside community designed for up to 2,000 homes. The site is along E-Town Parkway, east of Florida 9B. While no name is shown on plans filed with the city, the size – 43,387 square feet – fits Publix Super Markets Inc. The Lakeland-based grocer says it has no plans that show a site there, but doesn’t rule out the location as one of interest. “We’re always looking for opportunities to best serve our customers,” said Publix Director of Communications Maria Brous. Eastland Timber LLC is the

landowner. E-Town Development Inc., part of The PARC Group, is the developer. England, Thims & Miller Inc. is the civil engineer. The PARC Group is developing eTown as well as Nocatee, where Publix leases a store. Publix also opened a GreenWise Market there. The PARC Group had no comment about the eTown supermarket. The plans filed with the city also show a 12,000-squarefoot retail building near the Publix for lease to tenants. The location is in The Exchange at eTown, the commercial element of the project at E-Town Parkway and Florida 9B. A map at eTownJax.com shows a grocery in The Exchange. The city issued a mobility fee calculation certificate for the 17.1-acre project, shown along the parkway between Apex Trail and Exchange Street. Baptist Health kicked off commercial plans for The Exchange in February when it said it bought 3.5 acres there. It will start with primary care at the site. Gate Petroleum Co. then proposed a 6,500-square-foot gas station and convenience store with 20 fueling positions on 2.16 acres near the Baptist Health site.

GROCERY FOR ETOWN A map of the eTown master-planned development along E-Town Parkway east of Florida 9B shows a proposed grocery store. The size on city plans – 43,387 square feet – fits that of a Publix Super Market.

ETown’s residential neighborhoods include the Del Webb, Nobel, Kettering, Marconi and Edison singlefamily home communities; the Newton townhouses; and the Menlo apartments.

ETown markets itself as a smart-living community built around technology connections. Neighborhoods are named after inventors. Homebuilders include Pulte Homes, Toll Brothers,

David Weekley Homes and ICI Homes. KMATHIS@ JAXDAILYRECORD.COM @MATHISKB (904) 356-2466

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FROM STAFF

Google

The Moultrie Oaks Mobile Home Park at 245 Wildwood Drive in St. Augustine sold for $13.2 million.

ST. JOHNS

CLAY

DUVAL

$13,200,000

$13,107,000

$11,930,000

$9,239,000

$5,675,982

245 Wildwood Drive, St. Augustine

2429 Sandridge Road, Green Cove Springs

1333 Dunn Ave., Jacksonville

8300 Old Kings Road S., Jacksonville

10618 Deerwood Park Blvd., Jacksonville

Type: Moultrie Oaks Mobile Home Park Parcel size: 43.37 acres Building size: 5,230-squarefoot clubhouse Buyer: Moultrie Oaks MHC LLC Seller: Moultrie Oaks Mobile Home Park LLC Previous sale: $2,598,800 in 1990

Type: Undeveloped residential Parcel size: 321 acres Buyer: Sandridge Land Developers LLC Seller: Sandridge Dairy Partnership LLP, Jerry and Sue Campbell

Type: Pelican Pointe Apartments Parcel size: 11.1 acres No. of units: 160 Buyer: Pelican Pointe Gardens LP Seller: PC Pelican Pointe LLC Previous sale: $3,000,000 in 2013

Type: Stonewood Apartments Parcel size: 6.18 acres No. of units: 117 Buyer: Stonewood Gardens LP Seller: PC Stonewood LLC Previous sale: $2,600,000 in 2013

Type: Gateway Village at Town Center retail Parcel size: 1.51 acres Building size: 10,000 square feet Buyer: Deerwood RMR LLC Seller: Jacksonville Gateway Village LLC

CLAY

DUVAL

NASSAU

DUVAL

ST. JOHNS

$3,536,772

$3,500,000

$3,000,000

$2,900,000

$1,700,000

Amberly Drive and Tynes Boulevard, Middleburg

220 Oakleaf Village Parkway, Jacksonville

Harvester Street, Yulee

1110 Caliente Drive, Jacksonville

110 Professional Drive, Ponte Vedra Beach

Type: The Learning Experience Parcel size: 1.21 acres Building size: 10,000 square feet Buyer: GHM Learning of Oakleaf LLC Seller: EJ Jacksonville LLC Previous sale: $3,300,000 in 2016

Type: Timberland Parcel size: 109.52 acres Buyer: Liberty Cove Nassau II LLC Seller: Sallette Living Trust and the W.E. Hurlbert Jr. Living Trust

Type: Cambridge Park Apartments Parcel size: 0.99 acres Building size: Four buildings totaling 4,712 square feet Buyer: Pango Cambridge Apartments LLC Seller: Cambridge Property Holdings LLC Previous sale: $2,040,000 in 2018

Type: Office Parcel size: 0.6 acres Building size: 5,884 square feet Buyer: 110 Professional LLC Seller: Butensky & Cohen Properties Ltd.

Type: 64 residential lots in Greyhawk Unit 2 Parcel size: Not available Buyer: Lennar Homes LLC Seller: Greyhawk Venture LLC

COMMERCIAL REAL ESTATE

Top commercial sales of the week Here are the top 10 commercial real estate sales in Northeast Florida, comprising Clay, Duval, Nassau and St. Johns counties. The sales were recorded Dec. 7-13.

THURSDAY, DECEMBER 17, 2020

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THURSDAY, DECEMBER 17, 2020

JaxDailyRecord.com

Special to the Daily Record

The interior of the Marble Bank Building, part of the Laura Street Trio, could be transformed into a restaurant.

Trio CONTINUED FROM PAGE 1

retail space that includes a small grocery. Marriott’s possible upgrade adds another element to the project, which occupies the high profile northeast corner of Laura and Adams streets. The chain has 180 independent boutique hotels worldwide that feature custom designs in the Autograph brand, according to the hotel company’s website. The closest is the Casa Monica Resort & Spa in St. Augustine. “We’re already exceeding the Courtyard standard,” Atkins said. “So we are already checking all the boxes. It sort of makes sense.” Atkins said a restaurant and bar planned for the Trio’s Marble Bank Building is part of Marriott’s review. He said the restaurant and 145room hotel are required to be a minimum four-star quality for the Autograph brand and the restaurant must serve three meals per day. Atkins purchased a Marriott franchise in 2014. He said Oct. 23 that he’s working with a third-party group that specializes in adaptivereuse hotels to manage it. Atkins said he expects an adaptive-reuse product like the Trio

could be on the front end of a hospitality market rebound after the COVID-19 pandemic. NEW DEAL

Atkins faced starts and stops in the Trio renovation since his holding company, Southeast Holdings LP, purchased the property in March 2013 through Laura Trio LLC. The Florida Life Building, the Bisbee Building and the Marble Bank Building comprise the Trio. Atkins acquired the former Barnett National Bank Building at 112 W. Adams St. in a deal, aided by $3 million in financing from a company led by Jacksonville Jaguars owner Shad Khan. But that deal fell through after litigation and Atkins entered a partnership with Las Vegas-based The Molasky Group of Cos. to coown the Barnett in 2017 through Barnett Tower 2 LLC. State records show it is managed by Barnett Tower Holdings LLC, which Atkins said is a joint company of SouthEast and Molasky. City Council approved $9.8 million in June 2017 for SouthEast and Molasky to renovate the Barnett and the Trio. The deal included $8 million from the Downtown Historic Preservation and Revitalization Trust Fund and a Recapture Enhanced Value grant up to $1.8 million to

Photo by Mike Mendenhall

The Laura Street Trio as seen from the roof of The Barnett building next door. Steve Atkins was part of the group that redeveloped The Barnett into apartments.

be paid out over 20 years. After SouthEast missed a deadline to complete a parking garage that was part of a deal to redevelop the Barnett, DIA CEO Lori Boyer announced in September 2019 the DIA and project developers were renegotiating the city agreement to ensure the Trio is renovated. Boyer told City Council members in October the Trio was one of three projects waiting for the Downtown Preservation and Revitalization Program to pass Council. Council unanimously approved the overhaul to the city’s adaptive reuse incentives Oct. 13. SouthEast’s application to the DIA and city will request Downtown preservation incentive dollars and Atkins said he also plans to use federal historic tax credits to finance the project. The developer did not release the breakdown between public and private investment, but he

said there will be a “fairly large” private cash investment. Atkins said he has secured the private capital financing portion of what he expects to be a $63 million to $65 million Trio project. SouthEast will not work with Molasky in the latest Trio proposal, Atkins said.

SIGNS Circle K, 3605 St. Johns Bluff Road S., contractor is McNeill Signs Inc., ground sign, $13,980. Ascension St. Vincent’s Primary Care, 5501 Roosevelt Blvd., No. 1, contractor is General Sign Service Corp., two permits for wall signs, $4,400. Fancy Sushi Asian Fusion, 8324 Merchants Way, No. 1, contractor is CNS Signs Inc., two permits for wall signs, $4,400.

CREPA, 7171 Arlington Expressway, contractor is CNS Signs Inc., electronic message board ground sign, $2,450. Ascension, 12311 San Jose Blvd., contractor is General Sign Service Corp., ground sign with tenant panels, $2,200. BB&T SunTrust, 11331 San Jose Blvd., contractor is Taylor Sign & Design Inc., wall sign, $1,000.

THE PROGRAM

In addition to the hotel, Atkins plans a 4,000-square-foot bodega-style grocery store in the space. He has not released the identity of the operator. “It certainly will address the lifestyle of a lot of our clientele Downtown,” Atkins said. “If they can just have a place to walk across the street and get some toilet paper, you don’t have to take a trek out of Downtown.” There also will be about 4,000 square feet of additional groundfloor retail space, Atkins said.

“The program at Trio is fairly limited because of the size. We will have some additional streetlevel retail,” he said. He said he has spoken with some operators but will not offer the space until about a year after work begins on the Trio. “I’m specifically holding that piece until the end. The Trio program is about a 24-month build and markets can change a lot,” Atkins said. “But certainly it will be a very important corner to reactivate Downtown.” Danis Builders LLC, which worked with SouthEast on The Barnett, will be the contractor. Atkins wants to start work on the project in the first quarter of 2021. MMENDENHALL@ JAXDAILYRECORD.COM @MIMENDENHALL (904) 356-2466

DEVELOPMENT TODAY These are the largest commercial building permits by job cost issued Dec. 15 by the city of Jacksonville. GOVERNMENT City of Jacksonville, 7300 Gate Parkway, contractor is Acon Construction Co. Inc., 9,524 square feet, three permits for new Fire Station No. 63, $2.49 million.

INDUSTRIAL Bag-A-Nut LLC, 10601 Theresa Drive, contractor is Southern Grace Homes Inc., exterior building repair, $19,000. RESTAURANTS Dunkin’, 9978 Baymeadows Road, No. 5, contractor is Suncoast Industrial & Construction Services Inc., 1,630 square feet, interior renovation, $92,423.

STORES, MERCANTILE Hall’s Nursery & ACE Hardware, 5645 Blanding Blvd., contractor is K&G Construction Co. Inc., front facade and entryway renovation, $89,000. Scrubbles Atlantic Express Wash LLC, 11991 Atlantic Blvd., contractor is The Angelo Group Inc., 672 square feet, install pay station canopy, $50,000. Compiled by Daily Record Staff

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THURSDAY, DECEMBER 17, 2020

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EXECUTIVE BOARD

SALES & MARKETING COUNCIL PRESENTS

ff O k c i K 2021

Wake Up with SMC & Daniel Davis

Christina Welch Chairman

Keller Williams Atlantic Partners

GUEST SPEAKER DANIEL DAVIS, JAX CHAMBER CEO & PRESIDENT, WILL UPDATE US ON UPCOMING PROJECTS INCLUDING LOT J Donny Griffin

First vice chairperson Jet HomeLoans

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Second vice chairperson Carlton Construction

Friday, January 8, 2021

Janie Anderson

Third vice chairperson D.R. Horton Homes

8:00-9:30AM • UNF University Center Tickets: $25 • SMC Members Receive $10 Discount Sponsored by:

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JACKSONVILLE DAILY RECORD / JACKSONVILLE RECORD & OBSERVER

THURSDAY, DECEMBER 17, 2020

RESIDENTIAL REAL ESTATE

Top 10 home sales of week FROM STAFF

Here are the top 10 single-family residential real estate sales in Northeast Florida, comprising Duval and St. Johns counties. The sales were recorded Dec. 7-13.

JaxDailyRecord.com DUVAL

ST. JOHNS

$1,430,000

$1,275,000

196 Twelve Oaks Lane, Ponte Vedra Beach

130 32nd Ave. S., Jacksonville Beach

Type: Single-family Lot size: 0.52 acres House size: 5,073 square feet Buyer: Kathleen and James Alcombright Seller: Melanie and Morgan Busby Previous sale: $775,000 in 2016

Type: Single-family Lot size: 0.22 acres House size: 4,493 square feet Buyer: Feather and Luis de la Mata Seller: Jason H. and Alyssa Mabry Previous sale: $1,207,500 in 2015

DUVAL

ST. JOHNS

$1,420,000

$1,200,000

1902 Ocean Drive, Jacksonville Beach ST. JOHNS

$4,800,000 7284 Florida A1A S., St. Augustine Type: Single-family Lot size: 0.83 acres House size: 7,291 square feet Buyer: The Lanterman Revocable Living Trust Seller: Jorge L. and Sonia Casimiro

About the property: Oceanfront multilevel home features six bedrooms, seven full and two half-baths, elevator, guesthouse, summer kitchen, porches, three fireplaces, four garage spaces, pool and dune walkover.

121 Sea Island Drive, Ponte Vedra Beach

Type: Single-family Lot size: 0.16 acres House size: 4,230 square feet Buyer: Jeffery E. Durst and James A. Wilkinson Seller: Louis K. and Shannon F. Stout Previous sale: $1,300,000 in 2019

Type: Single-family Lot size: 0.38 acres House size: 4,229 square feet Buyer: Amy W. and Robert L. Hardman Seller: William L. Johnson and the William L. Johnson Living Trust

ST. JOHNS

$4,575,000

$3,275,000

$1,580,000

$1,362,000

$1,200,000

1317 Ponte Vedra Blvd., Ponte Vedra Beach

343 San Juan Drive, Ponte Vedra Beach

504 S. Harbor Lights Drive, Ponte Vedra

105 Meeting Way, Ponte Vedra Beach

207 S. Roscoe Blvd., Ponte Vedra Beach

Type: Single-family Lot size: 1.66 acres House size: 7,916 square feet Buyer: The Peduto Living Trust Seller: Christine D. Sallee and the Christine D. Sallee Revocable Trust Previous sale: $4,243,000 in 2005

Type: Single-family Lot size: 0.48 acres House size: 4,696 square feet Buyer: Matthew and Keri Safali Seller: Brad J. and Rania D. Hilton

Type: Single-family Lot size: 0.72 acres House size: 4,112 square feet Buyer: Jason M. and Jennifer K. Turner Seller: Peter L. and Patrice G. Lafser, Heather Riley and the Heather G. Lafser Living Trust

Type: Single-family Lot size: 0.37 acres House size: 4,000 square feet Buyer: Ben and Tara McMillen Seller: Joseph A. and Regan A. Cartwright Previous sale: $629,000 in 2012

Type: Single-family Lot size: 0.8 acres House size: 2,750 square feet Buyer: John and Maura Gilvarry Seller: Lori and Steven Wishard Previous sale: $625,000 in 2002

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