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  • Krista Fracke PA
    RE/MAX Coastal Real Estate
    50 A1A North
    Ponte Vedra Beach, FL 32082
    904.333.8595
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  • Foreclosure Part III - Jacksonville FHA and VA Homes
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  • Oakbrook homes available soon
  • Winter 2007 completion date set for “The Strand”

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Builders Showcase is reporting that The Strand condominium tower will be completed by “winter 2007″.

The condo tower, which will be located on Jacksonville’s Southbank, will have 28 storeys and one of its biggest selling points is that residents will have an umatched and spectacular view of the St Johns River. You would also be within walking distance of wherever you need to go in Jacksonville, whether it be entertainment, shopping or dining.

You would think that prices for condos in this area would be too expensive and unattainable, thereby making it only possible for the super-rich. Not so! Pricing will start in the $200,000 price range going up to a maximum of around $800,000 if you want a penthouse suite. So, affordable condo living in a prestigious address that is sure to be highly desired and much sought after.

There are 14 differently designed floorplans with up to three bedrooms and two baths per condo. Each condo also comes with a modern kitchen with high quality amenities. Floors are covered with ceramic tiles and carpets and the master bathrooms come with a 42 inch bathtub.

If this sounds like the kind of place you’d want to live in, act now to get more information and to get your name added to the priority list.

Shipyards has been hailed as “Jacksonville’s only urban master-planned community” and “one of the largest mixed-use riverfront developments in Florida”. As of November 2006, the sales center has been open for business.

The Shipyards community is located in the heart of Jacksonville’s sports & entertainment district on the Northbank of the St Johns River. Much has been said about the stunning views from up high in the condo towers such as Building One which is a 38-story glass tower in the middle of the Shipyards community. Shipyards will also be a busy hub for shops, offices and entertainment (Shipyards is a short walk from the Alltel Stadium, the Baseball Grounds and the Metropolitan Park).

Residents in the area will benefit from being close to a busy area of employment, avid book readers will enjoy being close to the Jacksonville Public Library and those fond of culture will love the fact that Shipyards is close to places such as art galleries, museums and theaters.

A river taxi service is even planned to connect Shipyards residents to both the Northbank and the Southbank Riverwalks. The planned marina will have space for 240 boats.

The first 38-story condo tower will have residences with a minimum of one bedroom going up to three bedrooms and prices start at the low-$300,000’s and reach as high as much as $1 million. A one-bedroom residence can be as small as 804 square-feet while a three-bedroom residence can be as much as 3,902 square-feet. So there will be something for everyone in every possible price range.

The building used to house the Barnett National Bank but now a piece of the property can be yours from the high end of $100,000.

112 W.Adams Street in Jacksonville is now known as the One 12 building and it has been split up into 105 luxury homes as well as high-class office and retail space.    The development of this space gives you the chance for the first time to live in one of Jacksonville’s notable landmarks with a prestigious address, with construction due to be finished by the middle of this year.
According to the building developer, Kuhn Companies, the 18-story tower was built in 1926 by the same development company that went on to construct Madison Square Garden in Manhattan.   The tower also used to be the biggest tower in downtown Jacksonville.

There are 13 different floorplans to choose from, the smallest being 500 square-feet and the largest 2,300 square-feet.  The top floor of the tower has six penthouse apartments with the rest of the homes located on floors 4 through 18.  The office and retail space will be on floors 1 to 4.

The developer has taken great care with the construction, adding new brick walls, new windows, new hardwood flooring and new plumbing and electrical wiring.   The building is also wired for high speed internet service and Voice-Over-Telephone service.

If that wasn’t enough, if you look out of the window, you will get a great view of the St Johns River and beyond.

Are you looking to buy a property which will also give you the opportunity to do some sailing if you wanted to?   Then you might want to consider buying a property at Oyster Bay Harbour, near Fernandina Beach in Jacksonville.

Situated just four miles from the Atlantic coast, the 325-home community offers properties starting at the mid $500,000 range going up to more than $1 million.

An added bonus is that the developer of the community has just announced the beginning of construction of a luxury clubhouse at the Harbour’s Yacht Club.   Members of the Oyster Bay community will have the chance to purchase marina memberships which also entitles them to use of the yacht club and the clubhouse when it is completed.   The marina will have 5 floating docks with 76 individual boat slips so if the safety and care of your boat is important to you then there would be plenty of space at the marina to dock your vessel.   A full-time marina harbormaster will also be on hand to keep an eye on the boats and offer advice and assistance.

The 325 properties is surrounded by marshfront, lakefront and forested areas.   A quiet and pleasant place to live.

Described by the developer as a “prime location tucked away on Jacksonville’s Northside”, the community of Leslie’s Hideaway has begun pre-sales for its 70 spacious luxury townhouses.

Two floorplans are on offer - the 1,591 square-foot Alexia and the 1,615 square-foot Christopher with pricetags starting at a very reasonable $170,000.

You can choose from between two and three bedrooms and the interior of each house can be adapted to include extras such as an extra bedroom or extra bathroom amenities. A showcase kitchen is also included along with an attached garage, beautiful landscaping and nature views.

One big plus for living in Leslie’s Hideaway is that it is minutes away from Jacksonville’s International Airport so any regular commuters to and from the airport will find living in this community a bonus.

An interesting thought popped up when I was reading an article in the Jacksonville Financial News & Daily Record about the Greenleaf Building at the corner of Laura and Adams streets. It was a quote which jumped out at me which read :

Barakat said he will market the building and its floors on a mostly local basis. “Office condominiums are targeted at local businesses,” he said. “A national company is not going to buy a condominium.”

He went on to outline his sales strategy which was that asking a national company to buy a office condo was a waste of time because a national company wants to have the ability and the flexibility to move around and relocate if necessary. But a local company with roots would be most likely to buy than to rent, probably because the employees of the business have local roots and they are not likely to move very far with their business. I was interested to read that you could save as much as $400,000 over a ten year period if you chose to buy instead of rent.

http://tinyurl.com/tykeo

A real estate professor has analyzed the property market for Jacksonville and compared it to the rest of Florida - and he has encouraging & positive opinions for Jacksonville.

Rosenberg said : “I am not a pessimist about Jacksonville at all. Compared to other markets in Florida, it is a lot healthier”.

Although the overall median price has dropped in the area, Professor Rosenberg points out that this is actually good for buyers and developers because the buyers get a good deal and developers get to sell more properties on their books which in turn frees up funds for new projects and growth.

“You can clearly look and say that the Jacksonville market is holding up better than any other” said Rosenberg.

http://tinyurl.com/ye74ka

A recent survey by the National Association of Home Builders in Florida has highlighted the fact that given a choice between more space in the property and higher quality features, most new-home buyers (63%) would prefer having the latter.

Of those 63%, 57% said that the features should be included in the price of the property while the others thought they should be offered as optional extras at extra cost.

Some of the top features that new-home owners want include a walk-in pantry (84%), an island work area (77%) and a built-in microwave (62%).

The survey is featured in a newspaper article which is quite lengthy & informative so if you would like to read the article, I have scanned it into an Adobe PDF file which can be viewed HERE.

Jacksonville’s “Downtown Vision Inc” and the Jacksonville Economic Development Commission’s Retail Task Force (quite a mouthful there) went on a tour around Jacksonville the other day and they made some very interesting observations along the way, as well as making a few wishes.

For example, it was said that the Southbank condos are selling fast because they are situated in the right place – within walking distance to restaurants was one example. They also pointed out East Bay Street which has condos, bars and businesses. But they felt that the sidewalk could do with a little expansion.

Ideas were also floated for Metropolitan Park, Alltel Stadium and Hemming Plaza. All these ideas will eventually be presented to the JEDC’s Downtown Committee.

http://tinyurl.com/y5thrp

In the October 7th edition of Builders Showcase, there was a piece by Providence Homes about the positive advantages of buying property in Jacksonville areas like Greenland Chase, Dawson’s Creek, Victoria Lakes, Grovewood and South Hampton.

Greenland Chase is being described in glowing terms - “a gorgeous master-planned community….amazing designer homes varying in size and price” with lots of amenities such as parks, playing fields, extra-wide sidewalks, quiet streets and private surroundings.

Grovewood is being touted as “a truly unique community” with wooded areas and access to a golf course frequented often by Arnold Palmer and Jack Nicholas. Grovewood is also an “environmentally conscious community” with the main roads lined with trees. Sounds like a nice area for a family to live in.

Dawson’s Creek is a new neighbourhood of large “traditional-style homes” with surrounding woodland and nature preserves. The location of Dawson’s Creek makes living there very convenient with several Interstates nearby such as Interstate 10 and I-295. So this area is good for commuters and business professionals who need to travel into downtown Jacksonville on a daily basis.

Victoria Lakes is being described as a “wonderful single-family community”. It is situated midway between downtown Jacksonville and the Beaches. There’s lots of opportunites for shopping, wining & dining and playing. The community also has 13 lakes and a nature preserve.

Last but not least, South Hampton. Described as “removed from urban pressures” and close to work. There is quick and easy access to downtown Jacksonville, the shopping malls and the Beaches plus amenities such as a golf course.

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