WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  
                                                 
<ARTICLE>                                                                5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM REGENCY
REALTY CORPORATION'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31,1996
</LEGEND>
<NAME>                                                REGENCY REALTY CORPORATION
<MULTIPLIER>                                                             1
                                                       
                                                            
<PERIOD-TYPE>                                                  12-MOS
<FISCAL-YEAR-END>                                              DEC-31-1996
<PERIOD-END>                                                   DEC-31-1996
<CASH>                                                           8,293,229
<SECURITIES>                                                             0
<RECEIVABLES>                                                    6,113,510
<ALLOWANCES>                                                       832,091
<INVENTORY>                                                              0
<CURRENT-ASSETS>                                                         0
<PP&E>                                                         393,402,794
<DEPRECIATION>                                                  26,213,225
<TOTAL-ASSETS>                                                 386,524,049
<CURRENT-LIABILITIES>                                                    0
<BONDS>                                                                  0
<PREFERRED-MANDATORY>                                                    0
<PREFERRED>                                                              0
<COMMON>                                                           106,149
<OTHER-SE>                                                     206,619,628
<TOTAL-LIABILITY-AND-EQUITY>                                   386,524,049
<SALES>                                                                  0
<TOTAL-REVENUES>                                                46,947,567
<CGS>                                                                    0
<TOTAL-COSTS>                                                   12,065,394
<OTHER-EXPENSES>                                                 8,758,067
<LOSS-PROVISION>                                                         0
<INTEREST-EXPENSE>                                              10,777,131
<INCOME-PRETAX>                                                  9,907,145
<INCOME-TAX>                                                             0
<INCOME-CONTINUING>                                              9,907,145
<DISCONTINUED>                                                           0
<EXTRAORDINARY>                                                          0
<CHANGES>                                                                0
<NET-INCOME>                                                     9,907,145
<EPS-PRIMARY>                                                         0.96
<EPS-DILUTED>                                                         0.96