The Gideon Development, LLC portfolio was established in 2012 and has matured to be a clean, very stable and diversified asset. By assuming the entire business
structure you would benefit from retaining the current property tax basis.
Palencia in St. Johns County in
St. Augustine is an upscale community that attracts great tenants. If managed well, at current pace then one should be
able to project 3-4% yearly increase in revenue and long-term leases are positioned as such.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/04/2025 12:50:29 PM EST
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northeast Florida Multiple Listing Service (DBA as realMLS) (last updated 09/04/2025 12:50:29 PM EST)
Real estate listings held by brokerage firms other than INI REALTY INC, REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
