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Real Estate
Jax Daily Record Monday, Oct. 11, 202104:50 AM EST

Lakewood Oaks Apartments sold for $17.85 million

The apartments along St. Augustine Road were built in 1974.
by: Katie Garwood Staff Writer

The 138-unit Lakewood Oaks Apartments in Lakewood sold for $17.85 million Oct. 8, up from its $12.07 million sale in early 2019.

NAI Hallmark’s John Rutherford represented the seller, Coral Gables-based Jax San Jose Apts. LP. 

Sunny Isles Beach-based Fincapital Investments LLC bought the property.

The average per-unit sale price was $129,347.83.

The community, at 3534 Smithfield St., was built in 1974 on 8.7 acres near University Boulevard and St. Augustine Road. 

It has one-, two-, three- and four-bedroom layouts. Units include tile or vinyl flooring and central air conditioning.

Lakewood Oaks offers a clubhouse, pool, laundry center, playground and 24-hour maintenance. 

Monthly rents range from $765 to $1,725.

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