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Jax Daily Record Friday, Dec. 21, 201805:40 AM EST

Industry news: Heritage Homes joins EvenTide in Ponte Vedra

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News briefs about the homebuilding and real estate industries in Northeast Florida.
by: Jay Schlichter Staff Writer

GreenPointe Communities added Heritage Homes to its custom home builder team at EvenTide, the Ponte Vedra Beach neighborhood.

Heritage Homes partnered with Cronk Duch Architecture to develop home designs specific to EvenTide’s coastal setting.

The homes will feature details to reflect the properties of the homesite and the needs and lifestyle of the buyer.

EvenTide, along Ponte Vedra Boulevard between Sawgrass Drive and Mickler Road, is marketed by Berkshire Hathaway HomeServices Florida Network Realty.

The community’s 23 estate-sized lots, priced from the $500s, offer preserve and lake views and range from about 1/3 acre to more than 1 acre. Home and lot packages are priced from $1.5 million.

GreyHawk building model, amenities

Construction is underway on the amenity complex and model homes at GreyHawk, GreenPointe Communities’ master-planned community near the Branan Field Wildlife and Environmental Area in northeast Clay County.

GreyHawk’s planned amenities include a  community center, lagoon-entry pool, poolside fire pit, fitness studio, open-air pavilion, playground and tennis and basketball courts.

The community also will feature “Central Bark,” a fully enclosed dog park.

The GreyHawk builder team includes D.R. Horton, Lennar and Richmond American Homes.

They are offering homes ranging from 1,600 square feet to more than 3,100 square feet and priced from the $200,000s to the $400,000s. The model homes are planned to open in the spring.

Hampton West aims at ‘value-minded’  

Imagination, a division of David Weekley Homes, is selling homes to “value-minded buyers” in Hampton West in Northwest Jacksonville.

Priced from $225,000, Hampton West features 60-foot homesites and floor plans ranging from 1,700 to 3,000 square feet of living space.

Two furnished models, The Belvedere and The Winsor, are open.

The Belvedere is a one-story home with three bedrooms, two bathrooms, study and a two-car garage.

The Winsor is a two-story home with three bedrooms, two baths, one-half bath, study, sunroom and a three-car garage. Amenities include a tot lot and walking trails.

The community is at 12068 Japanese Maple St., about 2 miles northwest of the Baptist North Medical Campus.

Toll Brothers to build in Shearwater

Toll Brothers announced plans to build single-family homes in Shearwater, a master-planned community on County Road 210 in northern St. Johns County.

The homebuilder plans to offer 66 two-story, single-family homes with five floor plans. Sales will begin in early 2019.

The Shearwater community includes the Kayak Club amenity center, fitness lodge, Har-Tru tennis courts, resort-style lagoon and lap pool, water tower, a lazy river and 13 miles of trails.

Franklin Street closes $3.4M sale

Franklin Street’s North Florida office brokered the sale of Casa Grande Apartments, a 59-unit community in Jacksonville.

The property is at 6455 San Juan Ave. in the Hyde Grove neighborhood.

The purchase price of $3,414,000, or $57,864 per unit, was the highest price per unit for a 1960s-era multifamily property of less than 100 units sold in the Jacksonville market.

Franklin Street’s Jim Reed, director of multifamily investment sales, brokered the sale on behalf of the seller, a California-based real estate investment group, with the assistance of St. Johns Properties of Jacksonville, which will be managing the property for the buyer. 

The buyer is a consortium of investors led by Rama Krishna of Cupertino, California, who have acquired 130 apartment units in Jacksonville this year.

Franklin Street’s Lonnie Kitchen provided insurance services. Agency financing was provided through the Atlanta office of CBRE.

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