outdoor living 101
John Hawley
Mar 7, 2025
Jacksonville’s real estate and construction sectors continue to thrive, with significant residential and commercial developments shaping the region’s growth for the week ending March 7, 2025.
According to statistics released by the Jacksonville Business Journal's March 7 issue, significant developments in residential and commercial properties have led to the real estate and construction landscape in Jacksonville continuing to thrive. From high-value home sales to major building permits, here’s a snapshot of this week’s key activities.
Residential Building Permits: New Homes on the Rise
The housing market remains active with new residential construction projects approved across Jacksonville and surrounding areas. Here are some of the largest residential permits issued this week:
Contractor | Site Address | Property Description | Estimated Value |
Maven Construction Group Inc. | 6427 Cabana Trace, Starke 32091 | Kingsley Cove - Single-family residence | $3,200,000 |
Riverside Homes of N. FL | 104 Homestead Ct., Fernandina Beach 32034 | Crane Island - Single-family residence | $2,316,900 |
Intracoastal Construction LLC | 26 Old Oak Dr. N., Palm Coast 32137 | Sanctuary - Single-family residence | $1,528,000 |
House & Home Inc. | 121 Middleton Place, Ponte Vedra Beach 32082 | Plantation at Ponte Vedra - Single-family residence | $1,075,000 |
With high-value permits being granted, the expansion of residential communities across Northeast Florida is evident.
Residential Real Estate Sales: Luxury Homes Lead the Market
Luxury home sales in Jacksonville and surrounding areas saw significant activity. Below are some of the highest residential real estate transactions recorded this week:
Seller | Buyer | Property Address | Sale Price |
Horn Topaz LLC & Topaz Gardens Jax BH LLC | GMC Oakview Landing LLC | 7350 Blanding Blvd., Jacksonville 32244 | $20,300,000 |
James H. Watson & Brenda L. Watson | Akash Shah & Roshni Desai | 528 Latrobe Ave., St. Augustine 32095 | $13,000,000 |
Mark Mostovych & Rhonda Mostovych | Stephen D. Broome & Scarlet Broome | 22 La Vista Dr., Ponte Vedra Beach 32082 | $6,600,000 |
Robert S. Cole & Sheri R. Cole | Vladimir Rak & Natalie Rak | 2461 S. Ponte Vedra Blvd., Ponte Vedra Beach 32082 | $5,440,000 |
PRH Jacksonville Beach LLC | HF Commercial Land Holdings LLC | 1431 1st St. S., Jacksonville Beach 32250 | $4,583,400 |
These sales highlight the growing demand for high-end residential properties in Northeast Florida.
Commercial Building Permits: Major Projects Approved
Jacksonville’s commercial sector remains strong with several high-value building permits issued. Here are some of the biggest commercial projects moving forward:
Contractor | Site Address | Property Description | Estimated Value |
Hunt Construction - Barton Malow A Joint Venture | 1 Alltel Stadium Place, Jacksonville 32202 | Assembly | $45,610,926 |
Arco Design/Build | 14825 International Airport Blvd. #200, Jacksonville 32218 | Industrial/Factory Shell Building | $8,855,869 |
Eastern Shores Construction Inc. | 14333 Beach Blvd. #103, Jacksonville Beach 32250 | Business/Office/Bank Tenant Build-Out | $500,000 |
Remodeling Pros | 124 Century 21 Dr., Jacksonville 32216 | Storage Warehouse | $441,094 |
AEC Integrated | 2006 San Marco Blvd., Jacksonville 32207 | Assembly Converting Use | $400,000 |
From large industrial facilities to business office expansions, these projects are contributing to Jacksonville’s economic growth and infrastructure development.
Jacksonville Public Records Scorecard
For a broader perspective on Jacksonville’s real estate activity, here’s a breakdown of key public record statistics for 2025 (year-to-date) compared to 2024:
Bankruptcies: 1,920 (vs. 1,826 in 2024)
Building Permits: 31 (vs. 13 in 2024)
Federal Tax Liens: 85 (vs. 64 in 2024)
Judgments: 9 (vs. 9 in 2024)
Mechanic’s Liens: 140 (vs. 140 in 2024)
New Businesses: 1,364 (vs. 1,674 in 2024)
Real Estate Transactions: 4,243 (vs. 3,274 in 2024)
State Tax Liens: 36 (vs. 28 in 2024)
These figures highlight a steady increase in property development and business growth, reinforcing Jacksonville’s upward trajectory in real estate and commercial investments.
The Jacksonville real estate and development scene continues gaining momentum, with residential and commercial markets experiencing robust activity. Whether you’re an investor, homebuyer, or business owner, staying informed about these developments can help you navigate the ever-evolving landscape.
For more updates on Jacksonville real estate trends visit the Jacksonville Business Journal!
