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. 25-31, 2023.


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  • | 12:00 a.m. January 4, 2024
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Phoenix-based Progress Residential, though SFR V Tranche 5 Borrower LLC, acquired 65 new single-family homes along Loggia Lane for $17.875 million. The community is in Northwest Jacksonville off Hemlock Street near Lem Turner Road and Interstate 295. Progress says it is one of the largest providers of high-quality, single-family rental homes in the U.S. with more than 85,000 properties.
Phoenix-based Progress Residential, though SFR V Tranche 5 Borrower LLC, acquired 65 new single-family homes along Loggia Lane for $17.875 million. The community is in Northwest Jacksonville off Hemlock Street near Lem Turner Road and Interstate 295. Progress says it is one of the largest providers of high-quality, single-family rental homes in the U.S. with more than 85,000 properties.
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DUVAL

$17,875,000

Loggia Lane, Jacksonville

Type: 65 single-family rental homes

Parcel size: Not available

Building size: Not available

Buyer: SFR V Tranche 5 Borrower LLC

Seller: DHIR North Florida I


DUVAL

$7,370,000

Hyatt Road, Jacksonville

Type: 134 residential lots in River City Station Townhomes

Parcel size: Not available

Buyer: Dream Finders Homes lLC

Seller: River City Station LLC


ST. JOHNS

$3,900,000

2695 Rolling Hills Drive, St. Augustine

Type: Warehouse

Parcel size: 1.11 acres

Building size: Not available

Buyer: Waco Properties Inc.

Seller: Rolling Hills Industrial Partners LLC


DUVAL

$2,700,000

644 Cesery Blvd., Jacksonville

Type: Office

Parcel size: 3.38 acres

Building size: 46,445 square feet

Buyer: OCE FL LLC

Seller: 644 Cesery Corp.

Previous sale: $1,544,100 in 2000


DUVAL

$2,025,000

1120 Atlantic Blvd., Neptune Beach

Type: Retail

Parcel size: 0.6 acre

Building size: 4,724 square feet

Buyer: Ocala Herlong LLC

Seller: ECM-BG2-Jacksonville FL-3-UT LLC

Previous sale: $1,118,799 in 2020


DUVAL

$1,195,000

184 Third Ave. S., Jacksonville Beach

Type: Apartment

Parcel size: 0.22 acre

No. of units: 2

Buyer: Third South Owner LLC

Seller: Elizabeth R. Czerwinski 

Previous sale: $30,000 in 1972


DUVAL

$1,165,392

Huntley Hollow Drive, Jacksonville

Type: Three residential lots in Seaton Creek Reserve Phase 1

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: AG EHC II (LEN) Multi State 1 LLC


DUVAL

$1,050,000

8591 W. Beaver St., Jacksonville

Type: Commercial

Parcel size: 1.18 acres

Building size: 3,780 square feet

Buyer: WDP-West Jax LLC

Seller: Ray Lane Properties LLC

Previous sale: $650,000 in 2023


DUVAL

$1,000,000

315 W. Forsyth St., Jacksonville

Type: Commercial

Parcel size: 0.1 acre

Building size: 8,936 square feet

Buyer: Underdascope Enterprise LLC

Seller: Gary M. and Maura M. Donoher and Donaher & McClure LLC

Previous sale: $300,000 in 2001


DUVAL

$800,000

5174 W. Beaver St., Jacksonville

Type: Warehouse

Parcel size: 0.94 acre

Building size: 21,836 square feet

Buyer: Elite Property of Florida LLC

Seller: JMG Counters LLC

Previous sale: $400,000 in 2020

 

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