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 Feb. 19-25, 2024.

  • By Daily Record Staff
  • | 12:00 a.m. February 29, 2024
  • | 4 Free Articles Remaining!
The Meridian Apartments at 653 Monument Road in Arlington sold Feb. 9 for $51.5 million. Built in 1987 on 19.82 acres, the community comprises one-, two- and three-bedroom units in 17 three-story buildings. The apartments are 629 to 1,338 square feet. Monthly rents are $1,171 to $1,643, according to apartments.com.
The Meridian Apartments at 653 Monument Road in Arlington sold Feb. 9 for $51.5 million. Built in 1987 on 19.82 acres, the community comprises one-, two- and three-bedroom units in 17 three-story buildings. The apartments are 629 to 1,338 square feet. Monthly rents are $1,171 to $1,643, according to apartments.com.
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DUVAL

$51,500,000

653 Monument Road, Jacksonville

Type: The Meridian Apartments

Parcel size: 19.83 acres

No. of units: 360

Buyer: Meridian Jacksonville LLC

Seller: Spyglass-The Canopy LLC

Previous sale: $26,300,000 in 2015


DUVAL

$10,100,000

1726 Cassat Ave., Jacksonville

Type: Davis Nissan of Jacksonville

Parcel size: 8.09 acres

Building size: 56,257 square feet

Buyer: Davis Jax Niss LLC

Seller: Jacksonville Land Acquisitions LLC

Previous sale: $6,900,000 in 2014


DUVAL

$5,950,000

10825 Key Haven Blvd., Jacksonville

Type: Hidden Oaks Apartments

Parcel size: 5.33 acres

No. of units: 64

Buyer: Jax1 MC LLC

Seller: Key Haven Partners LLC

Previous sale: $3,700,000 in 2017


CLAY

$5.450,000

4404 County Road 218, Middleburg 

Type: Self storage

Parcel size: 3.09 acres

Building size: 39,166 square feet

Buyer: Extra Space Properties Two LLC

Seller: William E. and Flora Campbell


CLAY

$3,899,875

598 County Road 226, Green Cove Springs

Type: Timberland

Parcel size: 37.52 acres

Buyer: Florida Rock Industries Inc.

Seller: J.P. Hall Jr. Revocable Trust, Virginia S. Hall Revocable Trust, CHS LLC and Lyman G. Hall


DUVAL

$3,150,000

626 Airport Center Drive, Jacksonville

Type: Arby’s

Parcel size: 0.9 acre

Building size: 3,315 square feet

Buyer: 1031 1033 S Santa Fe Ave LLC

Seller: We Have The Meats Jax LLC

Previous sale: $2,724,000 in 2023


ST. JOHNS

$2,244,519

Manistique Avenue, St. Augustine

Type: 24 residential lots in Silver Falls Phases 1 and 3

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: AG EHC II LEN Multi State 1 LLC


ST. JOHNS

$2,000,000

Beachwalk Shores Drive, Saint Johns

Type: Commercial outparcel

Parcel size: 0.95 acre

Buyer: CFT NV Developments LLC

Seller: Beachwalk Retail Center LLC


DUVAL

$1,635,000

Northside Drive North, Jacksonville

Type: 15 residential lots in Pine Lakes

Parcel size: Not available

Buyer: RMM Properties of Florida LLC

Seller: TheoGrace Holdings LLC


ST. JOHNS

$1,144,000

Seaport Breeze Road, St. Augustine

Type: 25 residential lots in Bridgewater Phase 2A

Parcel size: Not available

Buyer: D.R. Horton Inc.–Jacksonville

Seller: Forestar USA Real Estate Group Inc.

 

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