Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded Jan. 13-17.

  • By Scott Sailer
  • | 5:00 a.m. January 23, 2020
  • | 5 Free Articles Remaining!
A Nashville, Tennessee-based real estate investment firm paid $39.25 million, $109,028 per unit, for The Park at Levanzo apartments at 11990 Beach Blvd.
A Nashville, Tennessee-based real estate investment firm paid $39.25 million, $109,028 per unit, for The Park at Levanzo apartments at 11990 Beach Blvd.
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DUVAL

$39,250,000

11990 Beach Blvd., Jacksonville

Type: The Park at Levanzo apartments

Parcel size: 19.85 acres

Number of units: 360

Buyer: Vevano Partners LLC

Seller: Reserve Property Holdings LLC

Previous sale: $24,600,000 in 2016

ST. JOHNS

$14,825,419

1101 Plantation Island Drive S., St. Augustine

Type: Allegro Senior Living at St. Augustine 

Parcel size: 7.76 acres

Building size: Five buildings totaling 95,913 square feet

Buyer: KAPG St. Augustine Senior Housing LLC

Seller: SHP IV Harbor Island LLC

Previous sale: $25,470,000 in 2012

DUVAL

$4,000,000

2000-2006 San Marco Blvd., Jacksonville

Type: Commercial retail and office

Parcel size: 0.23 acres

Building size: 18,615 square feet

Buyer: Jonathan Davis, Patrick R. Davis and Frank Sanchez

Seller: Five and Ten Partners LLC

DUVAL

$3,369,609

Philips Highway, Jacksonville

Type: Undeveloped residential

Parcel size: 33.61 acres

Buyer: Mattamy Jacksonville LLC

Seller: Wells Creek LLC

DUVAL

$3,330,000

416 Commerce Center Drive, Jacksonville

Type: Red Lobster

Parcel size: 1.83 acres

Buyer: 416 Commerce Center Drive LLC

Seller: 416 Commerce Center Drive Owner LLC

Previous sale: $3,220,300 in 2015

DUVAL

$2,800,000

5649 Cagle Road, Jacksonville

Type: Zen Living Suites

Parcel size: 3.03 acres

Building size: 39,981 square feet

Buyer: MEDOC Properties LLC

Seller: Zhihua Yu and Meiling Jiang

Previous sale: $2,200,000 in 2016

DUVAL

$2,650,000

E-Town Parkway, Jacksonville

Type: Undeveloped residential

Parcel size: Not available

Buyer: Kettering DEV 133 LLC and E-Town Development Inc.

Seller: Eastland Timber LLC

NASSAU

$2,000,000

U.S. 17, Yulee

Type: Undeveloped

Parcel size: 20.7 acres

Buyer: Board of County Commissioners of Nassau County Florida

Seller: Semanik Equity Development & Acquisition Inc.

DUVAL

$1,850,000

131 First Ave. N., Jacksonville Beach

Type: Ruby Beach Brewing

Parcel size: 0.15 acres

Building size: 5,956 square feet

Buyer: 127 1st Avenue North LLC

Seller: Our Family Investments Inc.

Previous sale: $950,000 in 2003

DUVAL

$1,684,047

429 Talleyrand Ave., Jacksonville

Type: Southeast Rigging Inc.

Parcel size: 1.46 acres

Building size: 47,140 square feet

Buyer: Seven Bridges Properties LLC

Seller: Southeast Rigging Inc.

Previous sale: $1,130,000 in 2013

 

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