Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Duval and St. Johns counties. The sales were recorded Nov. 1-7, 2021.


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  • | 4:50 a.m. November 11, 2021
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Gran Bay Apartment Homes at 13444 Gran Bay Parkway sold for $77.5 million.
Gran Bay Apartment Homes at 13444 Gran Bay Parkway sold for $77.5 million.
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DUVAL

$77,500,000

13444 Gran Bay Parkway, Jacksonville

Type: Gran Bay Apartment Homes

Parcel size: 15.53 acres

No. of units: 308

Buyer: BW Gran Bay LLC

Seller: Gran Bay Realty Partners LLC

ST. JOHNS

$77,000,000

40 Brisa Ave., St. Augustine

Type: Brisa Apartments

Parcel size: 22.11 acres

No. of units: 256

Buyer: Big Brisa FL LLC

Seller: Brisa Residences LLC

DUVAL

$70,150,000

3500 University Blvd. N., Jacksonville

Type: Tree House Apartments

Parcel size: 39.94 acres

No. of units: 282

Buyer: FAH Tree House LLC

Seller: S2 Casa Del Rio LP

Previous sale: $28,300,000 in 2017

DUVAL

$67,300,000

1300 Shetter Ave., Jacksonville Beach

Type: The Beach House Apartments

Parcel size: 11.24 acres

No. of units: 228

Buyer: KRE B House Owner LLC

Seller: BR Beach House DST

Previous sale: $46,512,000 in 2016

DUVAL

$45,100,000

5885 Edenfield Road, Jacksonville

Type: The Reserve at St. Johns River Apartments

Parcel size: 26.6 acres

No. of units: 332

Buyer: Seven MW-Reserve at St. John’s LLCs

Seller: Savlan Charter Landing LLC

Previous sale: $28,000,000 in 2019

DUVAL

$18,875,000

12171 Beach Blvd., Jacksonville

Type: 151 units at Monterey at Beach Boulevard condominiums

Parcel size: Not available

Building size: Not available

Buyer: Monterey Condo LLC

Seller: Monterey Capital Partners LLC

ST. JOHNS

$10,256,550

St. Augustine

Type: 28 homes for rent

Parcel size: Not available

Building size: Not available

Buyer: SFR XII Jacksonville Owner 1

Seller: Tim YS Q4 2019 Subsidiary LLC

DUVAL

$10,000,000

Butler Boulevard, Jacksonville

Type: Undeveloped health care

Parcel size: Not available

Buyer: Pavilion Health Services Inc.

Seller: Sawmill Timber LLC

DUVAL

$8,200,000

8181 AC Skinner Parkway, Jacksonville

Type: Undeveloped multifamily

Parcel size: 14.36 acres

Buyer: 8181 AC Skinner Parkway Propco LLC

Seller: Jacksonville Transportation Authority

DUVAL

$6,058,000

5545 Shawland Road, Jacksonville

Type: Warehouse

Parcel size: 4.66 acres

Building size: 117,375 square feet 

Buyer: 5545 Shawland NM LLC

Seller: Thomas M. Willingham, Winburn B. Willingham and the Thomas Marion Willingham II Revocable Trust

Previous sale: $445,000 in 1979

 

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