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 Dec. 12-18, 2022.


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  • | 12:00 a.m. December 22, 2022
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The Davis family and The PARC Group sold about 3,000 acres of undeveloped land in Green Cove Springs on Dec. 16 for $85 million.
The Davis family and The PARC Group sold about 3,000 acres of undeveloped land in Green Cove Springs on Dec. 16 for $85 million.
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CLAY

$85,000,000

Florida 23, Green Cove Springs

Type: Planned mixed-use

Parcel size: 3,112 acres

Buyer: Governors Park Property Holdings LLC

Seller: GCSD LLC and GCSE LLC

Previous sale: $12,688,500 in 2019

DUVAL

$29,000,000

2800 University Blvd. S., Jacksonville

Type: The Palms at 2800 apartments

Parcel size: 8.6 acres

No. of units: 168

Buyer: Lyfe Jacksonville LLC

Seller: QPG University Apartments LLC

Previous sale: $16,200,000 in 2019

ST. JOHNS

$17,500,000

320 Florida 312 and Nix Boat Yard Road, St. Augustine

Type: Undeveloped

Parcel size: 30.43 acres

Building size: 1,240 square feet

Buyer: St. Johns County

Seller: Philip R., Robert A., Robert G. and Theresa J. Genovar Johnson

DUVAL

$10,415,000

Zoo Parkway, Jacksonville

Type: Industrial

Parcel size: Not available

Buyer: IPC Owner LLC

Seller: William C. V. Bostwick, the William C. Bostwick Trust, William M. Bostwick and the Charles W. Bostwick Trust

ST. JOHNS

$4,062,058

Lake Sinclair Street, St. Augustine

Type: 64 residential lots in St. Augustine Lakes Phase 1C

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: AG Essential Housing Multi State 2 LLC

DUVAL

$3,769,750

Tidal Creek Lane, Jacksonville

Type: 14 residential rental homes in Gentle Woods North

Parcel size: Not available

Building size: Not available

Buyer: Upward America Southeast Property Owner LP

Seller: Lennar Homes LLC

DUVAL

$3,766,382

233 E. State St., Jacksonville

Type: Family Dollar

Parcel size: 0.82 acres

Building size: 9,240 square feet

Buyer: Robert P. Cascio

Seller: FD DT Jacksonville LLC

Previous sale: $3,060,000 in 2022

ST. JOHNS

$3,500,000

Interstate 95, St. Augustine

Type: Commercial

Parcel size: Not available

Buyer: 356 Real Estate Investments LLC

Seller: St. Johns Interstate LLC

DUVAL

$3,330,000

Baymeadows Way West, Jacksonville

Type: Industrial

Parcel size: 7.55 acres

Buyer: Chenlin Baymeadows Property LLC

Seller: Cambridge at Deerwood LLC

Previous sale: $479,200 in 2004

DUVAL

$3,000,000

Philips Highway, Jacksonville

Type: Commercial

Parcel size: 5.96 acres

Buyer: River City EDU Management LLC

Seller: Davis Creek Forest Inc.

Previous sale: $320,400 in 1996

 

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