Richmond American Homes Plans $400k Homes for JAX Beach

Richmond American Homes, with about 20 developments in NE FL, has purchased 10 acres at South Beach Parkway in JAX Beach for $8M ($135k/u) where it plans to build Ocean Terrace, a subdivision of 59 homes starting in the $400s from 2,250 to 3,050 SF.  Roger Bull mentions it in his Sunday Notebook for The Florida Times-Union.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on February 26, 2014, in Development, Land, Residential, Transactions and tagged , , , , , . Bookmark the permalink. Leave a comment.

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