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 April 1-7, 2024.

  • By Daily Record Staff
  • | 12:00 a.m. April 11, 2024
  • | 4 Free Articles Remaining!
The Palms at Ponte Vedra assisted living and memory care center in Ponte Vedra Beach sold April 1 for $22.1 million. The buyer is Starling Living of Jacksonville through SSL SPV LLC. The center, at 405 Solana Road, is rebranded as Starling at Ponte Vedra. Starling Living has assisted living properties in Jacksonville, Nocatee, Clearwater, Maitland and Tallahassee.
The Palms at Ponte Vedra assisted living and memory care center in Ponte Vedra Beach sold April 1 for $22.1 million. The buyer is Starling Living of Jacksonville through SSL SPV LLC. The center, at 405 Solana Road, is rebranded as Starling at Ponte Vedra. Starling Living has assisted living properties in Jacksonville, Nocatee, Clearwater, Maitland and Tallahassee.
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ST. JOHNS

$22,100,000

405 Solana Road, Ponte Vedra Beach 

Type: The Palms at Ponte Vedra

Parcel size: 14.3 acres

Building size: 80,755 square feet

Buyer: SSL SPV LLC

Seller: Palms at Ponte Vedra LLC


DUVAL

$6,000,000

Jacksonville

Type: McIver Clinic

Parcel size: 0.58 acre

Building size: 16,648 square feet

Buyer: MMOF IV Jacksonville-Lomax LLC

Seller: Vanbrown Inc.


DUVAL

$5,620,000

Lusso Lane, Jacksonville 

Type: 16 rental homes in Crossroads Townhomes at Town Center

Parcel size: Not available

Building size: Not available

Buyer: Crossroads SFR Owner LLC

Seller: Lennar Homes lLC


DUVAL

$4,500,000

8929 RG Skinner Parkway, Jacksonville

Type: Rosecastle at Deerwood

Parcel size: 3.44 acres

Building size: 51,113 square feet

Buyer: JL Deerwood LLC

Seller: CPP Investments Inc.

Previous sale: $14,250,000 in 2015


CLAY

$3,042,000

Golden Eye Drive, Orange Park

Type: 26 residential lots in Cheswick South

Parcel size: Not available

Buyer: Dream Finders Homes LLC

Seller: Cheswick FL Owner I LLC


DUVAL

$3,000,000

531 Trout River Drive, Jacksonville

Type: Commercial

Parcel size: 3.69 acres

Buyer: 531 Trout River Dr LLC

Seller: Blacks Family Holdings LLC


DUVAL

$2,712,000

Russian Olive Road, Jacksonville

Type: 42 residential lots in Arbors Phase 3A

Parcel size: Not available

Buyer: D.R. Horton Inc. –Jacksonville

Seller: Forestar (USA) Real Estate Group Inc.


DUVAL

$1,885,907

344 Monument Road, Jacksonville

Type: Truist office

Parcel size: 1.13 acres

Building size: 4,478 square feet

Buyer: Jacksonville BK Venture LLC 

Seller: ARC HR5STP1002 LLC

Previous sale: $462,300 in 1987


CLAY

$1,872,000

Tupelo Loop, Green Cove Springs

Type: 20 residential lots in Creekview Trail Area 5A

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: Creekview GP LLC


ST. JOHNS

$1,820,000

Tower Court, St. Augustine

Type: 13 residential lots in Shearwater Phase 3F

Parcel size: Not available

Buyer: NVR Inc.

Seller: WFC Ashford Mills Owner VII LLC

 

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