Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Duval and St. Johns counties. The sales were recorded Sept. 6-12.


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  • | 4:50 a.m. September 16, 2021
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RangeWater Development LLC sold the Olea at Nocatee apartment community Aug. 27 for $56 million to Pennsylvania-based Livingston Street Capital. The 175-unit property was completed in 2021.
RangeWater Development LLC sold the Olea at Nocatee apartment community Aug. 27 for $56 million to Pennsylvania-based Livingston Street Capital. The 175-unit property was completed in 2021.
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DUVAL/ST. JOHNS

$56,000,000

50 Pine Shadow Parkway, Jacksonville

Type: Olea at Nocatee apartments

Parcel size: 7 acres

No. of units: 175

Buyer: LSC-Ponte Vedra DST

Seller: CRP/Pollack Ponte Vedra Owner LLC

DUVAL

$20,670,000

1200 Riverplace Blvd., Jacksonville

Type: Office and parking structure

Parcel size: 1.93 acres

Building size: Two buildings totaling 436,469 square feet

Buyer: Hanania Riverplace LLC

Seller: LCP 1200 Riverplace LLC

Previous sale: $23,625,000 in 2016

DUVAL

$19,600,000

4455 Confederate Point Road, Jacksonville

Type: Shoreline Community Apartments

Parcel size: 11.72 acres

No. of units: 206

Buyer: Shoreline Multifamily Partners LLC

Seller: SBD Tradewinds LP

Previous sale: $10,350,000 in 2016

DUVAL

$11,180,000

4035 Southpoint Blvd., Jacksonville

Type: First Coast Surgery Center

Parcel size: 2 acres

Building size: 13,237 square feet

Buyer: USCOFW 4035 Southpoint Blvd LLC

Seller: Southpoint Blvd I LLC

Previous sale: $8,730,000 in 2020

DUVAL

$9,600,000

4580 Collins Road, Jacksonville

Type: Best Western

Parcel size: 2.23 acres

Building size: 56,139 square feet

Buyer: BWJ Investment Group LLC

Seller: NDRVN LLC

Previous sale: $6,400,000 in 2017

DUVAL

$7,400,000

5641 California Ave., Jacksonville

Type: Grassy Pond Apartments

Parcel size: 3.78 acres

No. of units: 88

Buyer: JJTA15 Real Properties LLC

Seller: Arlington Apt. LLC

Previous sale: $1,627,5000 in 2014

DUVAL

$5,029,750

Coastal Meadow Trail, Jacksonville

Type: 23 town houses in Spartina Cove Phase I

Parcel size: Not available

Building size: Not available

Buyer: Upward America Southeast Property Owner LP

Seller: Lennar Homes LLC

DUVAL

$4,717,000

4784 Town Center Parkway, Jacksonville

Type: Fogo de Chao Brazilian Steakhouse

Parcel size: 0.39 acres

Building size: 11,530 square feet

Buyer: Town Center Jax LLC

Seller: CT019 Strand Jax LLC

DUVAL

$2,700,000

6200 Old Soutel Court, Jacksonville

Type: Industrial/trucking

Parcel size: 9 acres

Building size: Two buildings totaling 9,229 square feet

Buyer: NTP Soutel LLC

Seller: Soutel Drive Properties LLC

Previous sale: $17,500 in 2009

ST. JOHNS

$2,500,000

200 Nix Boat Yard Road, St. Augustine

Type: Commercial

Parcel size: 1.7 acres

Buyer: 200 Nix Boat Yard LLC

Seller: Patrick A. and Kimberly J. Pellicer

 

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