St. Johns County, Florida, January 2, 2026
The commercial real estate market in St. Johns County has seen remarkable growth, with nearly $500 million in significant transactions recorded throughout the year. Driven by a robust local economy and increased investment interest, the area’s appeal continues to rise among developers and entrepreneurs. Key transactions include sales of multifamily properties and land that signal a promising future for business development in the region.
St. Johns County Commercial Real Estate Hits Nearly $500 Million in Major Transactions
Strong Growth Signals a Bright Future for Local Entrepreneurs
St. Johns County, Florida – The commercial real estate market in St. Johns County recorded nearly $500 million in significant transactions throughout 2025, reflecting the area’s burgeoning appeal to both local and national developers and investors. This remarkable growth demonstrates the resilience of St. Johns County’s economy, driven by a proactive business community and strategic development initiatives.
The resurgence in commercial real estate is a clear signal of vitality in local entrepreneurship and investment. It highlights how reduced regulatory barriers and a favorable business environment can significantly benefit Florida entrepreneurs, fostering growth and innovation in the region.
Key Transactions Driving Market Activity
- World Golf Village Renaissance St. Augustine Resort: This property was sold for $24.25 million on July 3, 2025, marking a significant investment in hospitality.
- Rosemont St. Johns Apartment Community: Acquired by American Landmark Apartments for $66.4 million on October 13, 2025, this acquisition aligns with the growing demand for multifamily living options.
- Multifamily Development Site in St. Augustine: A strategically positioned 32-acre parcel was sold, featuring 18 developable acres and the potential for approximately 315 multifamily units.
- 17-Acre Commercial Land on State Road 16: Listed for $12 million, this site operates as an income-producing RV park combined with storage capacity, presenting opportunities for expansion.
- Townhome Development Near International Golf Parkway: A 295-unit project that will contribute $5 million towards crucial road improvements in the surrounding area, underscoring responsible development planning.
Market Dynamics and Performance
The retail sector has also shown impressive momentum within the Jacksonville area, part of the St. Johns County region. In the first half of 2025, transaction volumes reached nearly $466 million, demonstrating an 80.9% increase compared to the first half of 2024. This surge in investment stems from strong population growth and an increase in consumer spending, pivotal factors that are driving capital into the local economy.
As the community evolves, local businesses are positioned to capitalize on these trends, enhancing the region’s economic resilience. The growth in both retail and commercial real estate signals a positive outlook for job creation and economic stability moving forward.
Conclusion
The commercial real estate market in St. Johns County showcased extraordinary activity in 2025, nearing $500 million in major deals. This robust performance not only highlights the region’s attractiveness to investors but also represents a win for local entrepreneurs and developers striving towards sustainable growth. Community members are encouraged to support local businesses as this positive trend continues, helping to shape Jacksonville’s economic future.
Frequently Asked Questions
- What was the total value of major commercial real estate transactions in St. Johns County in 2025?
- The total value of major commercial real estate transactions in St. Johns County in 2025 was nearly $500 million.
- Can you provide details about the World Golf Village Renaissance St. Augustine Resort sale?
- The World Golf Village Renaissance St. Augustine Resort was sold for $24.25 million on July 3, 2025. The buyer was St. Augustine Lodging Associates LLC, and the seller was Atrium Finance IV.
- What is the significance of the 17-acre commercial land on State Road 16?
- The 17-acre commercial land on State Road 16 is listed for $12 million and currently operates as an income-producing RV park and storage facility. It has the capacity for up to 200 units, providing significant expansion potential.
- How is the retail sector performing in the Jacksonville area?
- The retail sector in Jacksonville, part of the St. Johns County area, experienced a substantial increase in investment activity. In the first half of 2025, transaction volume reached nearly $466 million, an 80.9% rise compared to the same period in 2024, driven by strong population growth and rising consumer spending.
| Transaction | Details |
|---|---|
| World Golf Village Renaissance St. Augustine Resort | Sold for $24.25 million on July 3, 2025. Buyer: St. Augustine Lodging Associates LLC; Seller: Atrium Finance IV. |
| Rosemont St. Johns Apartment Community | Acquired by American Landmark Apartments for $66.4 million on October 13, 2025. |
| Multifamily Development Site in St. Augustine | A 32-acre parcel with 18 developable acres sold, suitable for approximately 315 multifamily units. |
| 17-Acre Commercial Land on State Road 16 | Listed for $12 million, featuring an existing RV park and storage facility with expansion potential. |
| Townhome Development Near International Golf Parkway | A 295-unit project approved to contribute $5 million toward road improvements in the area. |
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