Vilano Beach, Florida, January 10, 2026
DLP Capital Partners has purchased a 37.88-acre site in Vilano Beach for $11.5 million, with plans to develop the Ocean Club RV Park. This acquisition includes multiple parcels along the Tolomato River and an oceanfront lot. The development plans submitted to St. Johns County are set for review in early September. This marks DLP’s second RV resort venture in Northeast Florida, following the upcoming Dream Outdoor Resort Callahan. The area’s real estate market continues to thrive, indicating strong investment potential.
St. Augustine, Florida
Vilano Beach Townhome Development Sold for $11.5 Million
St. Augustine-based DLP Capital Partners has acquired a 37.88-acre site in Vilano Beach for $11.5 million, with plans to develop the Ocean Club RV Park. The purchase includes three parcels located at 3453 and 3455 Coastal Highway, situated along the Tolomato River and adjacent to the highway, as well as an oceanfront parcel east of Florida A1A. The acquisition was finalized on August 5, 2024, following a $27.5 million mortgage from DLP Lending Fund LLC, a subsidiary of DLP Capital Partners. The development plans were submitted to St. Johns County on August 2, 2024, and are scheduled for review by the St. Johns County Development Review Committee on September 4, 2024. This project marks DLP Capital Partners’ second RV resort in Northeast Florida, following the announcement of the Dream Outdoor Resort Callahan in November 2023, which is expected to open in 2025. DLP Capital Partners also owns Ocala North RV Resort in Reddick and Island Oaks RV Resort in Glen St. Mary. The company is an investor in the Gateway Jax project in downtown Jacksonville and manages over $5 billion in assets. The founder and CEO of DLP Capital is Don Wenner.
Background on Vilano Beach Development
Vilano Beach has seen significant development in recent years. In August 2024, DLP Capital Partners purchased the 37.88-acre site for $15.03 million, with plans to develop the Ocean Club RV Park. The development is shown on plans filed August 2, 2024, with St. Johns County. The project is scheduled to be reviewed by the St. Johns County Development Review Committee on September 4, 2024. This marks DLP Capital Partners’ second RV resort in Northeast Florida, following the announcement of the Dream Outdoor Resort Callahan in November 2023, which is expected to open in 2025. DLP Capital Partners also owns Ocala North RV Resort in Reddick and Island Oaks RV Resort in Glen St. Mary. The company is an investor in the Gateway Jax project in downtown Jacksonville and manages over $5 billion in assets. The founder and CEO of DLP Capital is Don Wenner.
Recent Real Estate Transactions in Vilano Beach
Vilano Beach has experienced notable real estate activity. In August 2023, the Hampton Inn & Suites St. Augustine-Vilano Beach sold for $21.815 million. The 94-room hotel, built in 2001, offers amenities such as an outdoor pool, fitness center, business center, and meeting area. It is within walking distance to the ocean and tourist attractions. In December 2023, the Hyatt Place hotel at 117 Vilano Road sold for $49.5 million. The sale included the hotel and two adjacent vacant parcels. The hotel, built in 2023, comprises 107,109 square feet and is situated on 1.58 acres.
Vilano Beach Housing Market Trends
The housing market in Vilano Beach has seen significant growth. The median sale price of a home in Vilano Beach was $1.32 million last month, up 85.3% since last year. The median sale price per square foot is $563, up 80.0% since last year. Homes in Vilano Beach are not very competitive, with an average of 114 days on the market.
Development Plans for Vilano Beach Townhomes
In May 2024, the St. Johns County Board of County Commissioners approved the replatting of a 3.55-acre portion of the Vilano Beach Amended plat for the creation of 49 single-family townhome lots. The project, known as Vilano Beach Townhomes, was presented by ELM Architects on behalf of Blake Properties. The townhomes are designed as three-story dwellings, most with rooftop outdoor spaces, offering views of the ocean and river. Residents will have access to the walkable Town Center, which includes a public beach, public pier on the river, restaurants, and a Publix store.
Conclusion
The recent acquisition by DLP Capital Partners and the ongoing development projects in Vilano Beach underscore the area’s growing appeal and investment potential. The combination of strategic location, planned amenities, and community-focused developments positions Vilano Beach as a significant player in Florida’s real estate landscape.
Frequently Asked Questions (FAQ)
What is the Ocean Club RV Park development in Vilano Beach?
The Ocean Club RV Park is a planned development by DLP Capital Partners on a 37.88-acre site in Vilano Beach. The project includes three parcels located at 3453 and 3455 Coastal Highway, situated along the Tolomato River and adjacent to the highway, as well as an oceanfront parcel east of Florida A1A. The development plans were submitted to St. Johns County on August 2, 2024, and are scheduled for review by the St. Johns County Development Review Committee on September 4, 2024.
What other recent real estate transactions have occurred in Vilano Beach?
In August 2023, the Hampton Inn & Suites St. Augustine-Vilano Beach sold for $21.815 million. The 94-room hotel, built in 2001, offers amenities such as an outdoor pool, fitness center, business center, and meeting area. In December 2023, the Hyatt Place hotel at 117 Vilano Road sold for $49.5 million. The sale included the hotel and two adjacent vacant parcels. The hotel, built in 2023, comprises 107,109 square feet and is situated on 1.58 acres.
What are the housing market trends in Vilano Beach?
The housing market in Vilano Beach has seen significant growth. The median sale price of a home in Vilano Beach was $1.32 million last month, up 85.3% since last year. The median sale price per square foot is $563, up 80.0% since last year. Homes in Vilano Beach are not very competitive, with an average of 114 days on the market.
What are the development plans for townhomes in Vilano Beach?
In May 2024, the St. Johns County Board of County Commissioners approved the replatting of a 3.55-acre portion of the Vilano Beach Amended plat for the creation of 49 single-family townhome lots. The project, known as Vilano Beach Townhomes, was presented by ELM Architects on behalf of Blake Properties. The townhomes are designed as three-story dwellings, most with rooftop outdoor spaces, offering views of the ocean and river. Residents will have access to the walkable Town Center, which includes a public beach, public pier on the river, restaurants, and a Publix store.
| Development | Location | Size | Purchase Price | Planned Amenities | Review Date |
|---|---|---|---|---|---|
| Ocean Club RV Park | Vilano Beach, Florida | 37.88 acres | $11.5 million | RV park facilities | September 4, 2024 |
| Hampton Inn & Suites | Vilano Beach, Florida | 94 rooms, 66,938 sq ft | $21.815 million | Outdoor pool, fitness center, business center, meeting area | August 2023 |
| Hyatt Place Hotel | Vilano Beach, Florida | 107,109 sq ft | $49.5 million | Hotel facilities | December 2023 |
| Vilano Beach Townhomes | Vilano Beach, Florida | 3.55 acres | Not specified | 49 single-family townhome lots | May 7, 2024 |
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