The growth of the Jacksonville area real estate market has been recognized by luxury broker ONE Sotheby’s International Realty. It has merged with affiliate firm First Coast Sotheby’s International Realty. It is ONE Sotheby’s International Realty’s eighth acquisition in recent months.
ONE Sotheby’s will have offices in Jacksonville, Palm Coast, St. Augustine, Ponte Vedra Beach and Amelia Island that will employ 95 agents.
“As one of the fastest growing markets in Florida, Jacksonville is a region was have been targeting as a key component of our expansion strategy,” said Daniel de la Vega, president of ONE Sotheby’s International Realty, in a news release.
The acquisition brings ONE Sotheby’s International Realty to 27 locations and 1,300 agents along Florida’s East Coast.
In 2021, First Coast Sotheby’s International Realty did $770 million in sales volume in Northeast Florida.