The Palazzo on St. Johns: Selling Fast in San Jose
by Donny Mak
on Tuesday, January 20th, 2015 at 1:00am.
The Palazzo at St. Johns is the new iteration of the Goodby's Creek luxury condo development at Baymeadows and San Jose.
Now selling fast. The Palazzo on St. Johns is a testament to the revitalization of new condo construction in Jacksonville real estate. Originally constructed as The Cove at St. Johns at San Jose and Baymeadows, all progress stopped in 2010 during the market slump (along with progress on The Shipyards, Berkman Plaza II,East San Marco, etc.) In September 2013, it re-emerged with a new owner and a new name -- The Palazzo on St. Johns. (Berkman Plaza II now planning to re-emerge as well, halted in 2007).
Orlando's Prospect Property Group paid $2.5 million for the 76-unit development. The name has changed but the high level of luxury condo living remains -- rare Goodby's Creek waterfront living, private elevators, a marina, the works.
Dorment for seven years, the Palazzo at St. Johns is back on at Baymeadows and San Jose Boulevard.
The luxury Condo, Townhome and Single Family development Old San Jose just north on San Jose Boulevard has proven that there are plenty of buyers in the Jacksonville Real Estate market who want to downsize their space, but not their standards. The 76 upscale condominiums will occupy four buildings with 18 to 30 units in each. Three bedrooms start in the 400's, four bedrooms in the 500's.
For more information, call or text Alan Aptheker, 904-982-3950, firstname.lastname@example.org.