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Jax Daily Record Wednesday, Aug. 18, 202105:46 PM EST

Terrabella Apartments set per-unit price record at $326,087 

The 253-unit complex built in 2021 sold for $82.5 million.
by: Katie Garwood Staff Writer

A per-unit price record was set with the $82.5 million sale of the Terrabella Apartments, which averaged $326,086.96 per unit.

The community is at 13723 Atlantic Blvd.

Birmingham, Alabama-based Terrabella Residences LLC sold the 253-unit complex to San Mateo, California-based Williams Portfolio 22 Inc. on Aug. 6, according to a deed recorded with the Duval County Clerk of Courts on Aug. 16. 

Walker & Dunlop’s Brian Moulder, Bobby Gatling and Dhaval Patel brokered the sale. 

The previous per-unit record was set July 21 with the $83.15 million sale of the Drift at Town Center Apartments. The per-unit price was $301,268. 

The Terrabella Apartments, which sit along the Intracoastal Waterway, were completed in 2021. 

Units feature granite countertops, vinyl-plank flooring, stainless steel appliances, private balconies, and Intracoastal Waterway views. 

The community offers a resort-style pool, office and conference space, fitness and yoga centers, electric bikes, grilling stations, game room, bike room, 24-hour market, pet spa and pet park. 

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