Costa Verde Plaza
Closed2415 3rd St S, Jacksonville Beach, FL 32250
Property type
Retail
Unit / Space count
1
Price
$5,000,000
Building size
Year built
1973
Year renovated
Occupancy
Zoning code
Lot size
1.62 Acres
Sold/status
Sold · Date unknown
Sale price
$5000000
Property description
Franklin Street is pleased to be appointed as the exclusive listing agent for Costa Verde Plaza, a 28,544 square foot two-story multi-tenant strip center located in the heart of Jacksonville Beach, Florida. The retail center is located on the beach side of 3rd Street (A1A) at the signalized intersection of 3rd Street and 25th Avenue South. Situated on a 1.6 acre corner parcel, the property provides excellent visibility. The center is conveniently located less than 0.5 mile from John Turner Butler Blvd (JTB) and is conveniently located between affluent Ponte Vedra Beach, Neptune Beach and Atlantic Beach. The surrounding area boasts national retailers such as Panera Bread, Chipotle, Bonefish Grill, and HomeGoods, among others. The center provides an investor with an opportunity to purchase an excellent piece of commercial real estate at the beach with an opportunity to bring rents to the market while at the same time contemplating a potential redevelopment for the well located parcel.
Property highlights
- • 100% Occupied with Diverse Tenant Mix
- • Signalized Corner Location with Multiple points of ingress/egress
- • Great Visibility on the Heavily Traveled 3rd Street (A1A) with over 40,000 Cars per day
- • Average Household Income of $110,507 within a 3 mile radius