Ocean Terrace is another New Home Option for the Burgeoning Beach Real Estate Scene
by Donny Mak
on Thursday, June 19th, 2014 at 1:00am.
Richmond American presents Ocean Terrace, large single family homes just five blocks from the ocean.
It looks like $400K could buy you a "virtually-custom" Richmond American home just five blocks from the beach.
Both residential and commercial real estate are heating up along the coast, outpacing other areas of the city. The Orange Park-based builder Richmond American will develop Ocean Terrace at 440 South Beach Parkway, near the northwest corner of JTB and South Beach Parkway.
Ocean Terrace will consist of 59 homes starting in the $400's. These homes wil be ample in size, not so much cute cozy bungalows but fully formed family plans, between 2,250 - 3,100 square feet. It's just west of where the new Trader Joe’s will make its Northeast Florida debut.
Both beach proximity and convenience to basic shopping and dining requirements will be a good draw, as more developments take advantage of the prime landscape that lies one mile or less from the ocean.