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Market Conditions in 32207 : Real Estate Advice

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Thu Apr 17, 2008
Michelle Frericks answered:
Hi Joe. I have two condo assignments listed in The Peninsula in Jacksonville and can give you an update. The building is almost complete - finally! They are starting closings this month with the lower floors and working their way up as each floor is completed. I've been inside and it's spectacular! Amazing panoramic views on the east side encompassing downtown, Arlington, St. Nicholas. The finishes inside the building are beautiful as well with an expansive lobby on the first floor. The amenities area was not completed yet, but looked like it was identical to The Strand, the building next door. I have photos of the building if you'd like to see them. Regarding the website - it has been "under construction" for some time now. It seems that the developer, American Land Ventures, has hired a new agency to market the property called Galleria of Fine Homes, based in Ft. Lauderdale. I'm guessing that they will re-do the website to reflect the new marketing company and will probably roll out a new marketing campaign once the building is complete to sell any units left. If I can answer any other questions, please feel free to contact me at : MIchelle Frericks, Prudential Network Realty, (904) 386-3534 or ... more
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