Iguana Investments Florida LLC Redeveloping Seahorse Oceanfront Inn and Lemon Bar

Other possible amenities include a fitness center, a restaurant, parking, and a spa
Iguana Investments Florida LLC Redeveloping Seahorse Oceanfront Inn and Lemon Bar
Photo: Official

After closing on the purchase of the property last year, Shad Khan’s investment company is looking to redevelop the Lemon Bar & Grille and the Seahorse Oceanfront Inn in Neptune Beach at 120 Atlantic Blvd.

Sign up now to get our Daily Breaking News Alerts

Opt out at anytime

Iguana Investments Florida LLC plans to redevelop the restaurant and hotel with other possible amenities, including a fitness center, a restaurant, parking, spa, or retail space, according to the Jacksonville Business Journal. The investment company recently has brought on Dallas-based Remington Hospitality to run day-to-day operations. Remington also operates Crowne Plaza near the JAX airport, the Hilton Garden Inn in Deerwood Park, and the SpringHill Suites on Southside Boulevard.

The new hotel and restaurant don’t have an exact opening date, but the release says this is a long-term project, and the property is currently under development. Shad Khan paid $36.95 million for the Seahorse Oceanfront Inn last year. The group plans to create a boutique resort hotel, including additional amenities and supporting uses.

“The Lemon Bar and Seahorse Oceanfront Inn are local treasures that represent the best of the beach lifestyle that is synonymous with visiting and living in Neptune Beach and Northeast Florida,” Khan said in a press release. “It is with great enthusiasm and respect that we take this torch from the Cole Family, and now look forward to serving the Neptune Beach community while playing a role in the continued growth of the Beaches Town Center for many years to come.”

Iguana Investments Florida LLC Redeveloping Seahorse Oceanfront Inn and Lemon Bar
Photo: Official
Joey Reams

Joey Reams

Born in San Diego, Joey moved to San Francisco to study Music Journalism at San Francisco State University. There, he worked for several publications, including The Culture Trip and RIFF Magazine, and served as the News Editor at Golden Gate Xpress. Joey previously worked as the News Assignment Editor for Pasadena Now. When he’s not working, you can find him exploring new cities, finding delicious food, and having fun at concerts.
Joey Reams

Joey Reams

Born in San Diego, Joey moved to San Francisco to study Music Journalism at San Francisco State University. There, he worked for several publications, including The Culture Trip and RIFF Magazine, and served as the News Editor at Golden Gate Xpress. Joey previously worked as the News Assignment Editor for Pasadena Now. When he’s not working, you can find him exploring new cities, finding delicious food, and having fun at concerts.

Pin It on Pinterest