Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties. The sales were recorded Oct. 7-11.

  • By Scott Sailer
  • | 5:10 a.m. October 17, 2019
  • | 5 Free Articles Remaining!
City Ridge Apartments at 7528 Arlington Expressway sold for $24.7 million, a 45.3% increase over its $17 million sale price in 2015.
City Ridge Apartments at 7528 Arlington Expressway sold for $24.7 million, a 45.3% increase over its $17 million sale price in 2015.
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DUVAL

$24,700,000

7528 Arlington Expressway, Jacksonville

Type: City Ridge Apartments

Parcel size: 14.44 acres

Units: 288

Buyer: Oaks at Red Bay LLC

Seller: City Ridge Realty 

Previous sale: $17,000,000 in 2015

ST. JOHNS

$8,310,800

Florida 13 North, St. Augustine

Type: Timberland

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: Longleaf Partners LLC

CLAY

$5,263,157

300 Park Ave., Orange Park

Type: Wawa

Parcel size: 2.73 acres

Retail size: 6,119 square feet

Buyer: Barnes Street Limited Partnership and JCWA Properties LLC

Seller: BW Park and Wells LLC

CLAY

$5,000,000

1800 Kingsley Ave., Orange Park

Type: Kings Tree Apartments

Parcel size: 5.92 acres

Buyer: 1800 Kingsley Avenue LLC

Seller: L&R Inc.

Previous sale: $1,100,000 in 1986

DUVAL

$4,100,000

10230 Atlantic Blvd., Jacksonville

Type: Regency Walk shopping center

Parcel size: 3.16 acres

Retail size: 39,438 square feet

Buyer: Rasok Jacksonville Holdings LLC

Seller: MPI/Regency Walk Inc.

Previous sale: $2,150,000 in 1998

DUVAL

$3,805,779

Multiple addresses, Jacksonville

Type: 18 single-family homes

Parcel size: Not available

Buyer: SRMZ 4 Asset Co. 1 LLC

Seller: MUPR 3 Assets LLC

ST. JOHNS

$2,100,000

Florida 16, St. Augustine

Type: Undeveloped commercial

Parcel size: 20.95 acres

Buyer: TVC St. Augustine I Co. LLC

Seller: Maxie R. Thompson, Pierre D. Thompson Revocable Trust and The John D. Bailey Sr. Trust

Previous sale: $600,000 in 2006

CLAY

$1,681,250

1695 Blanding Blvd., Middleburg

Type: Commercial

Parcel size: 7.53 acres

Office size: 3,240 square feet

Buyer: Macie Creek Ltd

Seller: Quality Mobile Homes LLC

ST. JOHNS

$1,534,000

Florida 16, St. Augustine

Type: Agricultural

Parcel size: Not available

Buyer: Toll Southeast LP Co. Inc.

Seller: Day Late Enterprises Inc.

ST. JOHNS

$1,437,500

6000-A Sawgrass Village Circle, Ponte Vedra Beach

Type: Office

Parcel size: 0.07 acres

Office size: 6,212 square feet

Buyer: Sawgrass Circle LLC

Seller: Holliday Family Enterprises LLC

 

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