A group of out-of-state investors has purchased the property hosting Adventure Landing in St. Augustine, a sale that could portend changes at the seven-acre commercial site.
The transaction was inked on February 25 for $3.6 million.
The property was sold by Orlando-based NNN Reit LP to a consortium of investors: M&D Property Ventures LLC of Georgia, Jones Properties SA LLC of Alabama, and IE Property Group LLC, also of Georgia.
While the park continues to operate, local regulatory filings hint at possible redevelopment.
In late 2025, the St. Johns Water Management District reviewed a pre-application for the site that hinted demolition of the existing facility.
But no permits have been approved as of now, and Adventure Landing St. Augustine is still open to visitors.
The original Jacksonville Beach Adventure Landing location shut down permanently in October.
“For 30 amazing years, it has been the privilege of a lifetime to serve the Jacksonville community,” founder Hank Woodburn reflected on the closure at the time. “We’ve been honored to be part of countless birthday parties, family traditions and year-round memories.”
The Citizen will relay any planned changes at the St. Augustine site as they arise.
