TREVATO DEVELOPMENT GROUP PRESS RELEASE
PRIMARY CONTACT: Nan Kavanaugh, 904.415.0051 or email@example.com
FOR IMMEDIATE RELEASE
JACKSONVILLE BEACH, Fla. — October 8, 2021 — Trevato Development Group announced the purchase of the property located at 704 1st Street N. in Jacksonville Beach. The 1.36-acre vacant property is the former site of the Dolphin Depot restaurant and directly across First Street from the recently opened Margaritaville Beach Hotel. The $8.5 million purchase closed today.
The property is located in the Jacksonville Beach Central Business District on the block between First and Second Streets North, and Sixth and Seventh Avenues North. Trevato plans to redevelop the property to include a vibrant, pedestrian-friendly, mixed-use development featuring 180 parking spaces.