<ARTICLE>                                     5
<LEGEND>                                
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM REGENCY
REALTY CORPORATION'S ANNUAL REPORT FOR THE YEAR ENDED 12/31/98
</LEGEND>                               
<CIK>                                         0000910606
<NAME>                                        REGENCY REALTY CORPORATION
<MULTIPLIER>                                  1
                                               
                                               
<PERIOD-TYPE>                                             12-MOS
<FISCAL-YEAR-END>                                    DEC-31-1998
<PERIOD-END>                                         DEC-31-1998
<CASH>                                                19,919,693
<SECURITIES>                                                   0
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<COMMON>                                                 254,889
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<TOTAL-LIABILITY-AND-EQUITY>                       1,240,107,300
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<CGS>                                                          0
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