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 8-14, 2024.


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  • | 12:00 a.m. April 18, 2024
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Oasis Club Apartments at 5800 University Blvd. W. was one of three communities purchased by Cedar Grove Capital. It also bought Magnolia Point Apartments and Lakefield Oaks Apartments. Cedar Grove Capital is a real estate investment company portfolio investments of more than $2 billion.
Oasis Club Apartments at 5800 University Blvd. W. was one of three communities purchased by Cedar Grove Capital. It also bought Magnolia Point Apartments and Lakefield Oaks Apartments. Cedar Grove Capital is a real estate investment company portfolio investments of more than $2 billion.
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DUVAL

$26,030,000

5800 University Blvd. W., Jacksonville

Type: Oasis Club Apartments

Parcel size: 11.53 acres

No. of units: 242

Buyer: Oasis Club CGC LLC

Seller: A and Hartman Oasis TIC LLC and Oasis Holdings TIC LLC

Previous sale: $36,600,000 in 2022


DUVAL

$25,830,000

7507 Beach Blvd., No. 22 Jacksonville

Type: Magnolia Point Apartments

Parcel size: 15.36 acres

No. of units: 227

Buyer: Magnolia Point CGC LLC

Seller: FCI FL6 SPE LLC, Sanchez Magnolia LLC and SS Magnolia Holdings LLC

Previous sale: $37,650,000 in 2022


DUVAL

$13,370,000

3534 Smithfield St., Jacksonville

Type: Lakewood Oaks Apartments

Parcel size: 8.7 acres

No. of units: 138

Buyer: Lakewood Oaks CGC LLC 

Seller: FCI FL1 LLC and Viktorzag LLC 

Previous sale: $17,850,000 in 2021


DUVAL

$8,185,884

Stillwood Pines Boulevard, Jacksonville

Type: Planned Life Time Fitness

Parcel size: 8.5 acres

Buyer: LTF Real Estate Co. Inc.

Seller: Sawmill Timber LLC


DUVAL

$6,245,000

150 Ernest St., Jacksonville

Type: Industrial

Parcel size: 3.66 acres

Building size: 4,900 square feet

Buyer: UR Investments LLC

Seller: Bellingham Marine Inc. and BMI Properties LLC

Previous sale: $370,000 in 2005


DUVAL

$4,095,000

Broadcast Place, Jacksonville

Type: Planned residential

Parcel size: 2.76 acres

Buyer: Toll Southeast LP Co. Inc.

Seller: Elements Development of Jacksonville LLC


DUVAL

$4,000,000

5107 University Blvd. W., Jacksonville

Type: Benco Warehouse

Parcel size: 3.99 acres

Building size: 67,166 square feet

Buyer: Myan Holdings LLC

Seller: Trinity LLC

Previous sale: $1,500,000 in 2005


DUVAL

$3,100,000

10550 Deerwood Park Blvd., Jacksonville

Type: Greystone Building 400

Parcel size: 3.64 acres

Building size: 36,883 square feet

Buyer: 400 DWP LLC

Seller: ADT LLC

Previous sale: $4,600,000 in 2004


ST. JOHNS

$2,310,849

1680 Osceola Elementary Road, St. Augustine

Type: Medical office

Parcel size: 1.2 acres

Building size: 8,064 square feet

Buyer: Nev-JSNS LLC

Seller: ETM CO LLC

Previous sale: $2,200,000 in 2021


DUVAL

$1,554,229

2204 Haines St., Jacksonville

Type: All-Brite Sales Co.

Parcel size: 0.51 acre

Building size: 16,544 square feet

Buyer: PLO Holdings LLC

Seller: All-Brite Sales Co.



 

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