MD 1515 Beach LLC And MD 560 PVB LLC Acquire Oceanfront Estate In Atlantic Beach For $7.8M

1515 Beach Avenue is a single-family oceanfront estate located in Atlantic Beach, FL. This property spans 3,842 square feet and features a five-bedroom layout. The sale price for the estate was $7,800,000, resulting in a price per square foot of $2,030.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $7,800,000
• Address: 1515 Beach Avenue
• Market: Atlantic Beach, FL
• Square Footage: 3,842
• Price per Square Foot: $2,030
• Buyer: MD 1515 Beach LLC & MD 560 PVB LLC
• Seller: Sara & William Carriere
• Broker: Wes Mock - Compass

MD 1515 Beach LLC and MD 560 PVB LLC, the buyers, are investor-builders who plan to renovate the property and the detached guest unit before relisting it for approximately $12 million, with project completion expected by spring 2027.