06 Dec Waterfall Condominiums 25 Percent Presold
According to a recent press release, Waterfall is nearly 25 percent presold as of the end of November, representing over $20 million in sales since its active launch mid-year. Included within this total is the sale of the development’s two, top-floor penthouses that achieved sales price records for condominiums in the region.
The developer, Waterfall of Jacksonville Beach, LLC, targets presales of 50 percent of the condominium residences to begin construction in 2019. Based on current sales momentum, construction start is planned for early in the second quarter of 2019 with residents moving into the completed condominium by the fourth quarter of 2020.
“As our early market research had indicated, interest from our local market has been strong given that this is the first new oceanfront condominium released in our market in nearly 15 years,” noted Bryan Weber, development manager overseeing Waterfall. “Our buyers include local residents who want to enjoy an oceanfront lifestyle and building unparalleled in our area. Visitors appreciate our spacious, open floor plans as an updated alternative to their maintenance-heavy single-family homes. Others seek a Northeast Florida residence they can lock and leave under the care of the dedicated on-site personnel while they travel or stay at second homes seasonally. We expect most of our buyers will make Waterfall their new primary home in Northeast Florida.”
Waterfall is a nine-story luxury condominium development situated on a full city block on the ocean 14th Avenue and 15th Avenue South and First Street South in south Jacksonville Beach. The condominium building is entitled to be the last to exceed current 35-foot development height restrictions east of A1A in the Northeast Florida beaches area and the first new condominium building built in the city in 15 years.
Remaining Waterfall condominium homes range from 2,360 to nearly 3,100 of interior square feet with 3 bedrooms and 3 half baths. Ample outside terrace areas allow residents to take full advantage of its location directly on the Atlantic Ocean with available natural gas summer kitchens. The updated architecture of the building features floor-to-ceiling glass walls and ceiling heights of 10 to 12 feet. Each residence has two parking spaces within the first-floor garage and private grounds parking area as well as a separate climate-controlled storage area on the second floor amenity level. The building and grounds will be gated and secured to provide privacy for residents. Privacy corridors with double elevator stacks on the residential levels serve only three residences per floor on each side of the building.
Lifestyle features will also define Waterfall. The building sits within quiet south Jacksonville Beach neighborhoods with convenient shopping, dining and entertainment easily accessible by walking or biking. Dedicated management, maintenance and concierge staff will cater to residents’ daily needs. Owner amenities include a spacious club-level owner lounge facing the ocean and bar/catering kitchen area for resident gatherings and events. The lounge opens to a large oceanfront terrace stairstepping down to the pool, spa and sundeck with convenient private access to the adjacent oceanfront. Residents will also enjoy a fitness room and private guest suite on the club level with ocean views.
Click here to schedule a personal presentation of Waterfall, or call 904-595-7160 for more information.