This much sought-after neighborhood can no longer grow in size but has however consistently appreciated from year to year. High society of yesteryear and modern times come together in a charmingly understated community called San Marco. The real estate market in San Marco is extremely active, most properties selling within weeks of marketing. The reason is simple... few houses for sale and a waiting list of buyers. People seeking to buy in San Marco must be patient and act quickly whenever a property is placed on the market for sale.
San Marco is also much more than houses. Its bustling business/fine arts district attracts thousands of locals and visitors each day where we find casual, yet sophisticated diners and cafes. Art lovers love the galleries within its borders and check out the marquis at Theatre Jacksonville, home to the nations oldest continuously operating community theatre group. You can even catch a movie at the San Marco Theatre, which opened in 1938.
The earliest beginnings of San Marco were in the affairs of a 19th century socialite named Martha Reed Mitchell, wife of millionaire railroad tycoon Alexander Mitchell. The Mitchells fell in love with the area, then called Oklahoma. Mrs Mitchell persuaded her husband to buy a 140-acre tract of land along the St. Johns River, which she soon transformed into an elaborate setting for the couple's winter palace, which was named "Villa Alexandria."
After Mrs Mitchell passed away several events in the first quarter of this century caused a boom in residential building. World War I brought ships workers by the thousands to support the war effort in Jacksonville's ports. The opening of the St. Johns River Bridge and the expansion of the railroad system make transportation into the area easier.
During the mid 1920's, real estate developer Telfair Stockton proposed an 80-acre subdivision. The triangular shaped commercial district called "San Marco Square" was designed and named after the famous St. Mark's Square in Venice. Just before the Stock Market Crash of 1929, Telfair Stockton makes plans to purchase and redevelop Villa Alexandria. It is here that the mansions of San Marco's new wealthy citizen still stand, including those of John and Carl Swisher of the famous King Edward Cigar Company.
Today, San Marco remains one of the few areas that has managed to make room for modern advancements, without relinquishing its old world charm.
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