Top commercial sales of the week

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.

  • By Daily Record Staff
  • | 5:00 a.m. July 8, 2021
  • | 5 Free Articles Remaining!
Tampa-based Kimball Key LLC, through Monument Road Apartments LLC, purchased The Oaks on Monument apartments for $31 million.
Tampa-based Kimball Key LLC, through Monument Road Apartments LLC, purchased The Oaks on Monument apartments for $31 million.
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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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