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Jax Daily Record Thursday, Jul. 8, 202105:00 AM EST

Top commercial sales of the week

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Here are the top 10 commercial real estate sales in Northeast Florida, comprising Clay, Duval and St. Johns counties. The sales were recorded June 28-July 4.

DUVAL

$31,000,000

401 Monument Road, Jacksonville

Type: Oaks on Monument apartments

Parcel size: 12.37 acres

No. of units: 262

Buyer: Monument Road Apartments LLC

Seller: CMF The Oaks on Monument LLC

Previous sale: $23,000,000 in 2018

DUVAL

$26,100,000

7500 Powers Ave., Jacksonville

Type: Pinebrook Apartments

Parcel size: 11.22 acres

No. of units: 208

Buyer: Pinebrook 7500 LLC

Seller: Pinebrook CE Partners LLC

Previous sale: $16,000,000 in 2019

DUVAL

$21,025,000

3800 and 3830 University Blvd. S., Jacksonville

Type: La Esperanza Apartments

Parcel size: 11.4 acres

No. of units: 232

Buyer: JAX 3800 LLC

Seller: Jax Esperanza LLC

Previous sale: $4,900,000 in 2013

DUVAL

$18,000,000

3000 Coronet Lane, Jacksonville

Type: Laurel Pointe Apartments

Parcel size: 8.26 acres

No. of units: 160

Buyer: Coronet Lane Apartments LLC

Seller: CMF Laurel Pointe LLC

Previous sale: $13,000,000 in 2018

CLAY

$12,145,000

2400 Sandridge Road, Green Cove Springs

Type: Undeveloped

Parcel size: 200 acres

Buyer: AMH Robinson Tract Development LLC

Seller: Ronnie and Cassandra Robinson

Previous sale: $370,000 in 1996

DUVAL

$9,000,000

8281 Merrill Road, Jacksonville

Type: Commercial

Parcel size: 9.18 acres

Building size: 42,300 square feet

Buyer: RV Retailer Florida Real Estate LLC

Seller: AMQ International Corp.

Previous sale: $3,400,000 in 2015

DUVAL

$5,445,000

Gate Parkway, Jacksonville

Type: Commercial

Parcel size: Not available

Buyer: Bikosk LLC, 1199 East 8th LLC and RPM Lake Jackson LLC

Seller: BW Gate Point Meadows LLC

ST. JOHNS

$5,050,000

165 Veterans Parkway, Saint Johns

Type: Undeveloped commercial

Parcel size: 1.9 acres

Buyer: 165 Veterans Parkway LLC

Seller: Concept Real Property Holdings III LLLP

Previous sale: $750,000 in 2020

ST. JOHNS

$4,860,000

Monument Bay Road, St. Augustine

Type: Undeveloped Terra Pines Reserve single-family

Parcel size: 246.44 acres

Buyer: Terra Pines-South LLC

Seller: CRD Terra Pines LLC

Previous sale: $1,960,000 in 2004

DUVAL

$4,295,065

1500 Monument Road, Jacksonville

Type: Bridgepoint Apartments

Parcel size: 5.62 acres

No. of units: 48

Buyer: Bridgepoint Gardens LP

Seller: CF Florida Owner LLC

Previous sale: $4,772,000 in 2015

 

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