Miami investors buy professional office center in Fleming Island

The buyer paid $6.35 million for Fleming Island Village and Park Island Village.


  • By Scott Sailer
  • | 1:18 p.m. July 31, 2020
  • | 5 Free Articles Remaining!
The properties within the marked area were sold July 24 for $6.35 million.
The properties within the marked area were sold July 24 for $6.35 million.
  • Real Estate
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Shaked Holdings 19 LLC of Miami paid $6.35 million July 24 for the Fleming Island Village and Park Island Village shopping centers, which comprise mostly medical and professional offices.

The properties total 4.95 acres at 4689 and 4701 U.S. 17, north of Los Palmas Drive and the Peters Creek subdivision. The center consists of three single-story buildings totaling 36,558 square feet.

Existing tenants listed in a sales flyer include Florida Cancer Specialists, Hughston Orthopaedic Clinic, Orange Park Medical Center/Jax Multispecialty, Island Dentistry, Community Hospice, Collins Property Managers, Artist Group Salon and Allstate. 

Park Island Village is fully leased and Fleming Island Village has three vacant units ranging from 1,436 to 2,020 square feet.

The seller was Sandra F. Borawski and Lucky S13 LLC, managed by Sandra F. Borawski of Orange Park.

Park Island Village was built in 1990 and Fleming Island Village was constructed in 2009.

Prime Realty Senior Vice President Matthew Clark and Asset and Acquisition Manager Shaun Mayberry brokered the sale. Jacksonville-based Prime Realty is a commercial real estate broker and property management company.

 

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