Monday, March 9, 2015

The BIG buyers are back!!

How do you know when an opinion is actually a fact? When all the biggest and best are following suit! After months and months of speculation over whether or not the real estate market has regained its steam, one thing is for certain...the high net-worth buyers have zero doubt.

We have all heard about the mammoth development that is Nocatee. We all know that Nocatee has rapidly made its way to the third fastest community in the entire country, but do you know what is going on in Mandarin?

The Mandarin area of Duval County is expanding into an area that has never been seen in the south end of the county. There are three neighborhood developments currently in motion along the east bank of the St. Johns River. Believe it or not, Mandarin currently does not have a gated community. That will change after H. Smith, Inc, a local real estate developer completes a 40+ lot community ranging from $500,000 all the way over $1 million for the lot itself. The buyers of the lots will be able to build a custom home with limited restrictions. This new development brings a whole new light to South Jacksonville.