Jacksonville, December 16, 2025
Networth Realty has acquired the historic Beach Plaza on Beach Boulevard for $2.3 million, marking a pivotal investment in Jacksonville’s real estate market. This acquisition, which includes a diverse retail mix and ample parking, reflects the company’s dedication to expanding its presence in the area. The revitalization of this community asset is expected to stimulate local economic growth and development, further enhancing the plaza’s role as a central hub for residents and visitors alike.
Jacksonville, Florida – Networth Realty Acquires Historic Beach Boulevard Plaza for $2.3 Million to Establish Jacksonville Headquarters
Jacksonville, Florida – In a significant move reflecting the entrepreneurial spirit of Jacksonville, Networth Realty has acquired the historic Beach Plaza on Beach Boulevard for $2.3 million. This strategic acquisition emphasizes the company’s commitment to enhancing its presence in the Jacksonville market while revitalizing a key community asset.
The Beach Plaza, located at 1202-1388 Beach Blvd, Jacksonville Beach, FL 32250, serves as a vibrant community center, encompassing a gross leasable area of 160,451 square feet. This popular retail hub is home to a diverse range of tenants such as Dollar Tree, Gusto, and the United States Postal Service, supported by 333 parking spaces across an expansive 10.87 acres. Originally built in 1959, the plaza boasts an impressive 928 feet of roadside visibility along Beach Boulevard, further enhancing its significance as a local landmark.
Details of the Acquisition
Networth Realty’s purchase of Beach Plaza is part of a broader strategy to solidify its foothold in key markets across the United States. Currently, the firm operates out of an office located at 4811 Beach Blvd, Suite 107, Jacksonville, Florida 32207, which will be relocated to the newly acquired plaza. This move aligns with their objectives to expand operations and better serve the community.
Historical Significance of Beach Plaza
The Beach Plaza has long been recognized as a central hub for retail and community engagement since its establishment in 1959. Its strategic positioning along the busy Beach Boulevard not only fosters retail success but also enhances community activities, making it a beloved destination for residents and visitors alike. The diverse tenant mix and ample amenities have contributed to the plaza’s sustained popularity, highlighting the importance of investing in historical sites.
Implications for the Jacksonville Real Estate Market
This acquisition is expected to yield positive outcomes for the Jacksonville real estate market. By investing in Beach Plaza, Networth Realty showcases confidence in local economic growth and the potential for continued development. Such investments often lead to an increased appeal for other businesses and investors, fostering a more dynamic commercial environment in Jacksonville. This trend may signal a new wave of development that benefits local entrepreneurs and enhances job creation in the area.
About Networth Realty
Founded as a real estate investment firm, Networth Realty specializes in the acquisition, renovation, and sale of residential properties. Focused on identifying undervalued assets, the company emphasizes transforming properties to meet market demands. With a presence in multiple cities nationwide, the Jacksonville acquisition highlights Networth Realty’s dedication to enhancing its portfolio and offering services in targeted markets.
Call to Action for Investment in Local Growth
The acquisition of Beach Plaza serves as an inspiring example of how strategic investments can invigorate community landmarks and stimulate local economies. Jacksonville residents are encouraged to support local businesses and engage with new opportunities that arise from such developments. Keeping an eye on future investments and initiatives will be essential for fostering a thriving business environment in Jacksonville and surrounding areas.
Frequently Asked Questions (FAQ)
What is the Beach Plaza?
The Beach Plaza is a community center located at 1202-1388 Beach Blvd, Jacksonville Beach, FL 32250. Built in 1959, it offers a gross leasable area of 160,451 square feet and features a diverse mix of tenants, including Dollar Tree, Gusto, and the United States Postal Service. The property spans 10.87 acres with 333 parking spaces and 928 feet of frontage on Beach Boulevard.
Who is Networth Realty?
Networth Realty is a real estate investment firm specializing in the acquisition, renovation, and sale of residential properties. With a presence in multiple cities across the United States, the company focuses on identifying undervalued properties and transforming them to meet market demands.
What are the plans for the Beach Plaza after the acquisition?
Networth Realty plans to relocate its Jacksonville headquarters to the Beach Plaza, indicating a commitment to expanding its presence in the Jacksonville market. The company has an existing office at 4811 Beach Blvd, Suite 107, Jacksonville, Florida 32207.
How does this acquisition impact the Jacksonville real estate market?
The acquisition of Beach Plaza by Networth Realty is expected to positively impact the Jacksonville real estate market. The investment signifies confidence in the area’s economic growth and potential for further development. Additionally, the relocation of Networth Realty’s headquarters to the plaza may attract other businesses and investors to the region, fostering a more vibrant commercial environment.
Key Features of the Beach Plaza Acquisition
| Feature | Details |
|---|---|
| Location | 1202-1388 Beach Blvd, Jacksonville Beach, FL 32250 |
| Gross Leasable Area | 160,451 square feet |
| Tenants | Diverse mix including Dollar Tree, Gusto, and United States Postal Service |
| Property Size | 10.87 acres with 333 parking spaces |
| Frontage | 928 feet on Beach Boulevard |
| Year Built | 1959 |
| Networth Realty’s Jacksonville Office | 4811 Beach Blvd, Suite 107, Jacksonville, Florida 32207 |
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