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Valencia acquired by Atlanta company

Valencia, a condominium community in South Jacksonville Beach, has been acquired by Carter, an Atlanta-based real estate investment and development firm.  Under the new ownership, Valencia has reopened for sales with homes priced from $189,900.

“Valencia provides an amazing opportunity to homebuyers and we have already sold several homes in the community since taking ownership,” said John Akin, senior vice president of Carter.  “It’s a new day at Valencia and we are making numerous enhancements to this already outstanding community.  We are certain Valencia will be the most sought-after condominium in Jacksonville Beach.”

Valencia currently has 162 completed homes and 42 residences under construction.  At completion, the community is anticipated to have 245 homes in five buildings.

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