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Ocean Grove 75 Percent Sold Out After Offering Luxurious Condominium...

January 26, 2005 -- In just over two and a half months the allure of gated, luxury condominium living with private beach access at Ocean Grove in Ponte Vedra Beach has resulted in 75 percent of the homes being sold.



"We feel the great success of Ocean Grove is due to superior construction, the large open floor plans, first rate finishes, and outstanding amenities," said Perimeter Realty President Don Fort. "There are still some prime residences remaining, but sales activity has been brisk and we don't expect them to be available long."



The popularity of Ocean Grove has proven that the time and price is right for luxury living in the heart of Ponte Vedra Beach. Developers Perimeter Realty and Prospect Capital Group combined to convert the Arbor Club Apartments into these beautifully appointed one, two and three-bedroom homes, affordably priced from $130,000.



A visit to Ocean Grove's condominium homes unveils spacious, open floor plans, screened-in patios and balconies with the well-appointed kitchens overlooking ample living areas and cozy master suites.



Frieze carpet is layered throughout. In addition, 12" x 12" ceramic tile is found in the kitchen, bath and foyer. New Eurocraft Portrait Wood Kitchen cabinetry with 42" upper cabinets, Wilson Art countertops with stainless steel sinks and integrated spray faucet, Halogen track lighting and a GE Black appliance package adorn the kitchen.



The baths features brushed chrome three-light vanity, new Eurocraft portrait wood vanity with 36"high cabinets with cultured marble integrated sinks and countertops. Homes have WiFi and private garages are also available.



Ocean Grove successfully blends the casual comforts of a coastal home with the maintenance-free lifestyle of a vacation getaway with the beach access alongside The Lodge and Club at Ponte Vedra Beach. Ocean Grove will offer regularly scheduled shuttle service to and from the beach access three times a day between Memorial Day and Labor Day.



In addition to private, residents only, gated beach access, Ocean Grove offers part-time concierge service. The numerous other recreational amenities includes a resort-style swimming pool with sun deck and spa; a spacious, newly renovated furnished clubhouse with outdoor patio bar, summer kitchen and media room with theater-style seating. Residents can also enjoy two lighted tennis courts, a beach volleyball court, lakefront gazebo and a picnic pavilion.



Another attraction of condominium living at Ocean Grove is it's great location, off Highway A1A next door to world-famous Sawgrass. Ocean Grove is just a few blocks from the beach and within walking distance of numerous shops, grocery stores, restaurants, medical facilities and banks. There is easy access to Butler Boulevard and a short commute to Jacksonville's Southside employment centers and I-95. Schools in St. Johns County are rated as some of the best in the state.



The sales center is located in the clubhouse and is open from 10 a.m. - 6 p.m. Monday through Friday, 10 a.m. -5 p.m. on Saturday and Noon -5 p.m. on Sunday.



Coldwell Banker The Condo Store is the Exclusive Sales and Marketing Agent for Ocean Grove.



Perimeter Realty and Prospect Capital Group partnered to develop Ocean Grove. With over 25 years of experience, both companies are leaders in providing the highest quality product, outstanding value and pride of ownership for the condominium homeowner.



Perimeter Realty manages Ocean Grove and is one of the most respected property management companies in Florida; they own and manage over 1500 multifamily units and over a million feet of commercial space in Florida and Georgia Prospect Capital Group is a private real estate investment, operating and development company founded in 1995.



For more information call (904) 273-6767 or visit www.oceangrovepontevedra.com. The Sales Center is open from 10 a.m. - 6 p.m. Monday through Friday, 10-5 on Saturday and 12-5 on Sunday.

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