Jacksonville Jaguars owner Shad Khan's investment company says it has purchased the Seahorse Oceanfront Inn and Lemon Bar in Neptune Beach.Jacksonville Jaguars owner Shad Khan's investment company says it has purchased the Seahorse Oceanfront Inn and Lemon Bar in Neptune Beach.

Jaguars owner pays $36.95 million for Seahorse Inn

Published on September 1, 2023 at 1:10 pm

Jacksonville Jaguars owner Shad Khan paid $36.95 million for the Seahorse Oceanfront Inn in Neptune Beach.

Khan purchased the property Tuesday though Neptune Beach Club LLC. The property will be developed by Khan’s Iguana Investments Florida LLC.

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A news release said the inn and its poolside bar, The Lemon Bar, will remain open. 

“Iguana plans to redevelop the property as a boutique resort hotel, similar to what is in place now, along with additional amenities and supporting uses. Future resort amenities may include a spa, beach club, fitness center, restaurant, improved Lemon Bar, parking and retail space,” the release said.

Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.

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