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Jax Daily Record Thursday, Mar. 31, 202204:30 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 March 21-27, 2022.

DUVAL

$92,412,000

4674 Town Center Parkway, Jacksonville

Type: Ravella at Town Center

Parcel size: 5.58 acres

No. of units: 306

Buyer: CX Ravella at Town center DST

Seller: Ravella Apartments LLC

Previous sale: $67,755,000 in 2019

DUVAL

$32,750,000

12350 San Jose Blvd., Jacksonville

Type: HarborChase of Mandarin

Parcel size: 4.11 acres

Building size: 132,988 square feet

Buyer: KRE Mandarin Propco LLC

Seller: VC Mandarin Senior Housing Ltd.

DUVAL

$24,000,000

1706 Art Museum Drive, Jacksonville

Type: Midtown Oaks apartments

Parcel size: 10.44 acres

No. of units: 176

Buyer: Midtown Oaks Apts LP and Midtown Oaks Apts II LLC

Seller: Midtown Oaks Property Owner LLC, Midtown Oaks Property Owner 2 LLC, Midtown Oaks Property Owner 3 LLC, Midtown Oaks Property Owner 4 LLC

DUVAL

$7,388,770

1057 Broward Road, Jacksonville

Type: Motel

Parcel size: 8.65 acres

Building size: 82,442 square feet

Buyer: 1057 Broward Landing LLC

Seller: Jax 1057 Broward LLC

Previous sale: $3,000,000 in 2020

CLAY

$5,000,000

1725 Eagle Harbor Parkway, Fleming Island

Type: Scrubbles

Parcel size: 1.4 acres

Building size: 13,239 square feet

Buyer: Realty Income Properties 10 LLC

Seller: Fleming Island Express Wash LLC

ST. JOHNS

$4,550,000

11321 Old Dixie Highway, Ponte Vedra

Type: Open storage

Parcel size: 5.05 acres

Buyer: SWC Property Co 1 LLC

Seller: ODH Properties LLC

Previous sale: $800,000 in 2006

ST. JOHNS

$3,387,500

Morgans Treasure Drive, St. Augustine

Type: 50 residential lots in Morgan’s Cove

Parcel size: Not available

Buyer: LGI Homes-Florida LLC

Seller: Morgans Cove Ventures LLC

ST. JOHNS

$2,800,000

U.S. 1 North, Ponte Vedra

Type: Open storage

Parcel size: 4 acres

Buyer: SWC Property Co 4 LLC

Seller: US 1 Boat & RV Storage Inc.

Previous sale: $800,000 in 2018

DUVAL

$2,400,000

4933 University Blvd. W., Jacksonville

Type: Commercial

Parcel size: 0.66 acres

Building size: 5,738 square feet

Buyer: Savlan NNN1 AK Jax FL LLC

Seller: FC RE Holdings LLC

Previous sale: $850,000 in 2016

ST. JOHNS

$2,314,430

Saint Johns

Type: Six rental homes

Parcel size: Not available

Building size: Not available

Buyer: P5 2021-2 Borrower LLC

Seller: Zillow Homes Property Trust

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