Luxury Apartment Development Plannned for Atlantic Beach

There is a new, 156-unit luxury apartment building in the works for Atlantic Beach. The project is being referred to as Ocean Blue, and is being developed by Indiana based Becovic Management Group. The project is located on Mayport Road, and adjacent to Hanna Park. According to the news article, “the project will include seven three-story residential buildings, four garage structures, a clubhouse, pool, cyber café and espresso bar, outdoor movie theater, on-site car wash and walking trail.” Colliers International’s Bradley Coe represented the buyer in the transaction.

Karin Mathis with the Daily Record covered the announcement.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on December 4, 2015, in Development, JAX Daily Record, Land, Multifamily, Residential, Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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