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 March 14-20, 2022.


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  • | 4:20 a.m. March 24, 2022
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The Riverbank Apartments at 1591 Lane Ave. S. in West Jacksonville were sold Feb. 28 in a multi-company deal for $80 million.
The Riverbank Apartments at 1591 Lane Ave. S. in West Jacksonville were sold Feb. 28 in a multi-company deal for $80 million.
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DUVAL

$80,000,000

1591 Lane Ave. S., Jacksonville

Type: Riverbank Apartments

Parcel size: 53.4 acres

No. of units: 692

Buyer: Riverbank Apts LP, Riverbank Apts II LP

Seller: Camelot Property Owner LLC, Camelot Property Owner 2 LLC, Camelot Property Owner 3 LLC, Camelot Property Owner 4 LLC

CLAY

$20,200,000

741 Park Ave., Orange Park

Type: Park Village Apartments

Parcel size: 6.5 acres

No. of units: 120

Buyer: LPG Park Village LLC

Seller: 741 Park NM LLC and Mayfair Park Village MZL LLC

Previous sale: $10,950,000 in 2019

ST. JOHNS

$16,720,000

County Road 16A, St. Augustine

Type: Undeveloped SilverLeaf Plantation

Parcel size: Not available

Buyer: SL 418 LLC

Seller: White’s Ford Timber LLC

DUVAL

$15,437,500

16198 Butch Baine Drive, Jacksonville

Type: Undeveloped Seaton Creek Preserve residential

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: Louis L. Huntley Enterprises Inc.

Previous sale: $3,000,000 in 2019

ST. JOHNS

$3,700,000

2535 Florida 16, St. Augustine

Type: Hotel

Parcel size: 3.65 acres

Building size: Five buildings totaling 49,934 square feet

Buyer: 2535 SR 16 St Aug Holdings LLC

Seller: The Knights 18 St. Augustine LLC

Previous sale: $4,200,000 in 2021

ST. JOHNS

$1,885,000

Nocatee

Type: 29 town home lots in Town Center West Phase 3

Parcel size: Not available

Buyer: Jax Construction Holdings LLC

Seller: Sonoc Co. LLC

DUVAL

$1,750,000

11571 Beach Blvd., Jacksonville

Type: Diamond Car Wash & Lube Center

Parcel size: 1 acre

Building size: 9,825 square feet

Buyer: 11571 Beach LLC

Seller: A and N Diamond Inc.

Previous sale: $1,750,000 in 2015

ST. JOHNS

$1,575,000

1708 and 1742 County Road 210 W., Saint Johns

Type: Undeveloped commercial

Parcel size: 8.85 acres

Buyer: VF Fountains 1 LLC

Seller: Tom’s Chevron Inc.

DUVAL

$1,545,000

8532 Baymeadows Road, Jacksonville

Type: Commercial

Parcel size: 1,99 acres

Building size: 6,306 square feet

Buyer: Illyria Properties LLC

Seller: Kama Baymeadows LLC

Previous sale: $1,050,000 in 2018

ST. JOHNS

$1,500,000

110-112 Anastasia Blvd., St. Augustine

Type: Commercial

Parcel size: 0.23 acres

Building size: 6,124 square feet

Buyer: Sta-Bull Holdings LLC

Seller: Mark Holanchock

Previous sale: $656,000 in 2004

 

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