NEPTUNE BEACH, Fla. – Jaguars owner Shad Khan’s development company, Iguana Investments Florida LLC, acquired the Seahorse Oceanfront Inn and Lemon Bar in Neptune Beach in August 2023 for $36.95 million, marking Khan’s first project outside downtown Jacksonville.
Now, documents obtained by News4JAX indicate that plans for the properties may include a private beach club, spa, fitness center, restaurant, improved Lemon Bar, parking, and retail space, transforming the area into a boutique resort hotel.
And residents have expressed mixed reactions to the proposed redevelopment…