Aerial of Floridian Ocean Park in Juno Beach
A mobile home park in Juno Beach is on the verge of being redeveloped into a townhome community.
Town council members unanimously approved the townhome project at the site of Floridian Ocean Park on U.S. 1, the Palm Beach Post reported. The Tequesta-based property owner plans to build Ocean Breeze with a targeted completion in 2015. Each townhome would be about 2,000 square feet and is expected to sell for about $500,000.
The project should cost about $10 million. The owner, Floridian Ocean Park, paid $1.5 million for the land in 2004.
Ocean Breeze would be the second residential project planned in Juno Beach, a small town with only 3,500 full-time residents. Major builder Toll Brothers is developing 29 single-family homes in The Preserve. [Palm Beach Post] — Eric Kalis
via The Real Deal Miami http://feedproxy.google.com/~r/trdnews_miami/~3/pAVo3iRj1lw/
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