Top Commercial sales of Q4 2023

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 Oct. 1-Dec. 31, 2023.

  • By Daily Record Staff
  • | 12:00 a.m. February 9, 2024
  • | 4 Free Articles Remaining!
The Cadence at Nocatee apartments at 380 Burbank Ave. in the Duval County portion of Nocatee sold Nov. 14 for $72 million. Rangewater Real Estate LLC of Atlanta sold the property through CRP/RW Valley Ridge Owner LLC. The buyer is HG Cadence LLC.
The Cadence at Nocatee apartments at 380 Burbank Ave. in the Duval County portion of Nocatee sold Nov. 14 for $72 million. Rangewater Real Estate LLC of Atlanta sold the property through CRP/RW Valley Ridge Owner LLC. The buyer is HG Cadence LLC.
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DUVAL                 

$72,000,000

380 Burbank Ave., Jacksonville

Type: Cadence at Nocatee apartments

Parcel size: 14.02 acres

No. of units: 291

Buyer: HG Cadence LLC

Seller: CRP/RW Valley Ridge Owner LLC


ST. JOHNS                 

$53,300,000

50 Palm Vista Way, St. Augustine

Type: Camellia World Commerce Center apartments

Parcel size: 11.13 acres

No. of units: 210

Buyer: LVP Camellia Associates LLC

Seller: WCC Palma Vista LLC


ST. JOHNS                

$49,500,000

117 Vilano Road, St. Augustine/Vilano Beach

Type: Hyatt Place

Parcel size: 1.58 acres

Building size: 203,151 square feet       

Buyer: Brimstone Partnership LLC

Seller: R&R Hotels LLC


DUVAL             

$36,750,000

11 First St. N., Jacksonville Beach

Type: Four Points by Sheraton Hotel

Parcel size: 1.36 acres

Building size: 67,066 square feet

Buyer: Harrison Jacksonville LLC

Seller: Oceanfront Lodging II Inc.

Previous sale: $900,000 in 2013


DUVAL             

$28,275,300

Jacksonville

Type: Single-family for rent homes

Parcel size: Not available

Building size: Not available

Buyer: SFR Workforce Owner 2 LLC

Seller: Reven Housing Funding 1 LLC


DUVAL              

$24,500,000

10775 Yeager Road, Jacksonville

Type: Massy Distribution USA warehouse

Parcel size: 8.81 acres

Building size: 170,240 square feet

Buyer: Massy Distribution Properties LLC

Seller: IPI-10775 Inc.


DUVAL                   

$24,003,481

5291 Collins Road, Jacksonville

Type: Orange Park North Mobile Home Park

Parcel size: 53.46 acres

Buyer: Orange Park North MH LLC

Seller: Orange Park Partnership

Previous sale: $1,300,000 in 1980


DUVAL                     

$21,000,000

11732-11744 Beach Blvd., 3484 Saland Way and 3621 Beachwood Court, Jacksonville

Type: Commercial and industrial properties

Parcel size: 12.59 acres

Building size: 143,779 square feet

Buyer: Beach Blvd SLB Jacksonville Propco LLC

Seller: New Vision Properties Inc.


DUVAL            

$19,823,282

9412 Feagles Farm Road, Jacksonville 

Type: Planned residential

Parcel size: 332.73 acres

Buyer: KW-HS Lot Option Pool 01 LLC

Seller: Lennar Homes LLC

Previous sale: $1,610,300 in 2021


DUVAL                

$18,426,991

6121 Collins Road, Jacksonville

Type: Three Seasons Park Mobile Home Village 

Parcel size: 36.7 acres

No. of units: 257

Buyer: Three Seasons MH LLC

Seller: New Three Seasons LP

Previous sale: $2,427,000 in 1985

 

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