Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval and St. Johns counties. The sales were recorded July 26-Aug. 1.

  • By Daily Record Staff
  • | 8:49 a.m. August 5, 2021
  • | 5 Free Articles Remaining!
The Bainbridge Town Center East apartments, now known as Drift at Town Center East, sold for $83.15 million July 21, setting a Jacksonville per-unit price record of $301,268 for the 276-unit complex.
The Bainbridge Town Center East apartments, now known as Drift at Town Center East, sold for $83.15 million July 21, setting a Jacksonville per-unit price record of $301,268 for the 276-unit complex.
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DUVAL

$83,150,000

5000 Kernan Blvd. S., Jacksonville

Type: Drift Town Center East Apartments

Parcel size: 17.09 acres

No. of units: 276

Buyer: Town Center Apartments East LLC

Seller: Bainbridge St. Johns Town Center Owner LLC

DUVAL

$44,080,000

4301 and 4207 Confederate Point Road, Jacksonville

Type: Preserve at Cedar River Apartments

Parcel size: 31.38 acres

No. of units: 464

Buyer: Cedar River Partners LLC

Seller: Jacksonville DS JR LLC, Jacksonville Equities LLC, Jacksonville GW LLC, Jacksonville NJS LLC, Jacksonville JJL LLC, Jacksonville Schorr LLC, Jacksonville Drop LLC, Jacksonville JE LLC, Sale 21 LLC and Schorr Roll 7 LLC

Previous sale: $33,234,569 in 2021

DUVAL

$28,595,000

4375 Confederate Point Road, Jacksonville

Type: Preserve at Cedar River Apartments

Parcel size: 18.38 acres

No. of units: 301

Buyer: Heritage Multifamily Partners LLC

Seller: Jacksonville DS JR LLC, Jacksonville Equities LLC, Jacksonville GW LLC, Jacksonville NJS LLC, Jacksonville JJL LLC, Jacksonville Schorr LLC, Jacksonville Drop LLC, Jacksonville JE LLC, Sale 21 LLC and Schorr Roll 7 LLC

Previous sale: $17,765,500 in 2021

DUVAL

$11,542,760

Jacksonville and Atlantic Beach

Type: 37 homes for rent

Parcel size: Not available

Building size: Not available

Buyer: CPI Amherst SFR Program II Owner LLC

Seller: ARVM 5 LLC

CLAY

3,750,000

Oakleaf Village Parkway, Orange Park

Type: Undeveloped tracts A and B Oakleaf at Village Parkway Phase 4

Parcel size: 1.19 acres

Buyer: Richmond American Homes of Florida LP

Seller: BFG Investment Fund LLC

DUVAL

$3,545,000

5135 Dunn Ave., 11240 and 11243 Robert Masters Court, Jacksonville

Type: Undeveloped and residential lots

Parcel size: 132.16 acres

Buyer: DFC Dunn’s Crossing LLC

Seller: HH Dunns Crossing LLC

Previous sale: $2,250,000 in 2015

BAKER

$2,806,695

824 S. Sixth St., Macclenny

Type: Commercial

Parcel size: 1.08 acres

Buyer: Klug Family LLC

Seller: 13565 Cypress LLC

ST. JOHNS

$2,600,000

44 and 50 N. Roscoe Blvd., Ponte Vedra Beach

Type: Undeveloped residential

Parcel size: 10 acres

Buyer: DJTT Investment Group LLC

Seller: Wilderness Trail Mortgage LLC

Previous sale: $2,175,000 in 2013

ST. JOHNS

$2,500,000

Alvarado Court and Longtail Drive, St. Augustine

Type: 10 town houses for rent in Shearwater Phase 2C-3

Parcel size: Not available

Building size: Not available

Buyer: SW Jax SFR Owner LLC

Seller: AM Owner VI LLC

ST. JOHNS

$1,950,000

530 Florida 13 N., Saint Johns

Type: Commercial

Parcel size: 1.65 acres

Building size: 10,450 square feet

Buyer: JJ’s C&O Properties LLC

Seller: Reliable Property Investments LLC

Previous sale: $807,500 in 2015

 

 

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