Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Clay, Duval, Nassau and St. Johns counties. The sales were recorded April 12-18.

  • By Daily Record Staff
  • | 3:45 p.m. April 21, 2021
  • | 5 Free Articles Remaining!
The 301-unit Volaris West Kernan apartments sold April 6 for $66.25 million. The buyer, FRMF-Jax LLC, is operated by Fundrise.
The 301-unit Volaris West Kernan apartments sold April 6 for $66.25 million. The buyer, FRMF-Jax LLC, is operated by Fundrise.
  • Real Estate
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DUVAL

$66,250,000

12517 Beach Blvd., Jacksonville

Type: Volaris West Kernan

Parcel size: 26.28 acres

No. of units: 301

Buyer: FRMF-Jax LLC

Seller: Waypoint West Kernan-FL Owner LLC

ST. JOHNS

$20,517,000

County Road 16A, St. Augustine

Type: Undeveloped 

Parcel size: 719.86 acres

Buyer: Whites Ford Investments LLC

Seller: Marshall E. Wolfe Jr., Margaret G. Edmiston, Carol A. Wolfe and the Marshall E. Wolfe Jr. Revocable Living Trust

DUVAL

$8,520,000

830 Arlington River Drive, Jacksonville

Type: Cimarron Apartments

Parcel size: 4.62 acres

No. of units: 112

Buyer: JJTA7 Real Properties LLC

Seller: Fort Cimarron LLC

Previous sale: $3,221,300 in 2018

DUVAL

$4,559,286

3401 Philips Highway, Jacksonville

Type: Coastal Construction Products LLC

Parcel size: 3 acres

Building size: 44,310 square feet

Buyer: Spirit Realty LP

Seller: Sorrento Partnership LLP

ST. JOHNS

$4,344,300

Twin Creeks Drive, Ness Circle, Windermere Way and Loosestrife Way, St. Augustine

Type: 56 residential lots in Beacon Lake Phases 2A, 2B, 2C and 3A

Parcel size: Not available

Buyer: Dream Finders Homes LLC

Seller: Heartwood 23 LLC

DUVAL

$3,400,000

31 and 49 Arlington Road S., Jacksonville

Type: Harveys supermarket and commercial

Parcel size: 5.08 acres

Building size: Two buildings totaling 72,499 square feet

Buyer: 64-05 Realty LLC

Seller: Point Plaza Partners LLC

Previous sale: $2,550,000 in 2015

NASSAU

$2,612,500

Tributary Drive, Yulee

Type: 33 residential lots in Tributary Phase 1A, Units One, Two and Three

Parcel size: Not available

Buyer: Richmond American Homes of Florida LP

Seller: Three Rivers Developers LLC

DUVAL

$2,100,000

5051 Cleveland Road, Jacksonville

Type: Industrial

Parcel size: 13.13 acres

Building size: Two buildings totaling 74,303 square feet

Buyer: W4 Investments LLC

Seller: Metals USA Plates and Shapes Inc.

ST. JOHNS / DUVAL 

$2,050,000

6365 Race Track Road and Philips Highway, Saint Johns and Jacksonville

Type: Undeveloped commercial and Grand Capital multifamily

Parcel size: 50 acres

Buyer: Racetrack Group LLC

Seller: Racetrack Investors LLC

Previous sale: $900,000 in 2014

CLAY

$2,000,000

1725 Eagle Harbor Parkway, Fleming Island

Type: Scrubbles

Parcel size: 1.4 acres

Building size: 5,096 square feet

Buyer: Fleming Island Express Wash LLC

Seller: Bald Eagle 17 LLC

 

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