Active DEVELOPMENT

Florida Value Partners acquired Park at Marbella, a 228-unit garden-style multifamily community located on Jacksonville’s west side, through an off-market transaction. The property is conveniently located near Jacksonville Naval Air Station, major retail corridors, healthcare facilities, schools, recreational areas, and key employment centers. 

FVP’s value-add strategy includes a $3.6 million renovation program to modernize apartment interiors, improve community amenities, and enhance property operations. Planned improvements include upgraded kitchens, flooring, and fixtures; contemporary finishes; clubhouse renovations; pool deck enhancements; exterior improvements; and updates to the community’s bark park.