Submitted by Susan Hardee Steger
May 12, 2014 8:44 p.m.
According to Tony Quattrocchi of JDM Real Estate Service LLC, the Standard Marine and Tringali properties on 101 N. Second Street and 105 North Front Street in Fernandina Beach were sold on May 6 for $2,000,000. The purchasers are an investment group out of Atlanta, Georgia who will hold the property in the name of Front Street Properties, LLC.
Plans for the properties are unknown at this time.
Both properties are located in the City’s Community Redevelopment Area (CRA).
I’m glad to see that there is interest in this wonderful historic property. I would love to know what the new owner plans to do with it . . . hopefully, it will be good for the historic district, the business community and all of us who love downtown! 🙂
I hope they can save the building…it has fallen into bad condition of late. The roof has leaked terribly, and the interior is severely damaged now.
So needless.
Great! A good job by Anthony, as it should provide some more development in the area. We needed this – to get things going in the waterfront area. Hopefully, more will be done to the entire downtown waterfront and generate more for the city.
Tony (Anthony) did a great job – Thank You!