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 Feb. 24- March 1.

  • By Scott Sailer
  • | 5:10 a.m. March 5, 2020
  • | 5 Free Articles Remaining!
Spinnaker Reach Apartments sold for $42.35 million, 208% more than the $13.75 million it sold for in 2014.
Spinnaker Reach Apartments sold for $42.35 million, 208% more than the $13.75 million it sold for in 2014.
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DUVAL

$42,348,402

3875 San Pablo Road S., Jacksonville

Type: Spinnaker Reach Apartments

Parcel size: 16.87 acres

Apartment units: 288

Buyer: SREIT Spinnaker Reach LLC

Seller: LCA Spinnaker Reach LP

Previous sale: $13,750,000 in 2014

CLAY

$10,550,000

606 Park Ave., Orange Park

Type: Promenade Park Avenue Apartments

Parcel size: 1.41 acres

Buyer: Promenade Park Holdings LLC

Seller: QPG Park Avenue Apartments LLC

Previous sale: $6,740,000 in 2017

ST. JOHNS

$10,200,000

150 Mariner Health Way, St. Augustine

Type: Brookdale Senior Living – St. Augustine

Parcel size: 4.13 acres

Building size: 55,497 square feet

Buyer: BKD St. Augustine LLC

Seller: HCP St. Augustine LLC

Previous sale: $11,400,000 in 2005

DUVAL

$6,225,000

1800 Edgewood Ave. W., Jacksonville

Type: Rosalind Villas Senior Apartments

Parcel size: 10.35 acres

Buyer: Tralee Rays Rosalind Villas Senior LLC

Seller: Rosalind Villas LP

DUVAL

$4,803,125

13090 City Station Drive, Jacksonville

Type: Red Lobster

Parcel size: 1.7 acres

Building size: 7,303 square feet

Buyer: The Mark J. Freitag Trust of 1988

Seller: RL Jacksonville LLC

Previous sale: $4,183,800 in 2016

DUVAL

$3,500,000

9000 Southside Blvd., No. 900, Jacksonville

Type: School

Parcel size: 4.55 acres

Building size: Two buildings totaling 44,932 square feet

Buyer: Jacksonville School for Autism Inc.

Seller: Glen Southside LLC

NASSAU

$3,272,102

852396 U.S. 17 Yulee

Type: Service station

Parcel size: 1.27 acres

Building size: 3,638 square feet

Buyer: ECM-BG2-Yulee FL-1-UT LLC

Seller: Boca Gas Co. Holdings 2 LLC

DUVAL

$2,600,000

4483 Southside Blvd., Jacksonville

Type: Terra Gaucha Brazilian Steakhouse

Parcel size: 1.16 acres

Building size: 6,440 square feet

Buyer: Southern Braz Realty LLC

Seller: Kobe Inc.

ST. JOHNS

$2,325,000

Marquesa Circle and Rum Runner Way, Beachwalk

Type: 31 residential lots in Beachwalk

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: BVO LLC

DUVAL

$1,995,722

300 Anastasia Blvd., Jacksonville

Type: Service station

Parcel size: 0.52 acres

Building size: Two buildings totaling 2,318 square feet

Buyer: ECM-BG2-Jacksonville FL-7-UT LLC

Seller: Boca Gas Co. Holdings 2 LLC

 

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