Top commercial sales of 1Q 2025

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 Jan. 1-March 31, 2025.

  • By Daily Record Staff
  • | 12:00 a.m. May 8, 2025
  • | 4 Free Articles Remaining!
The Markets at Town Center is at northeast Gate and Town Center parkways in Jacksonville.
The Markets at Town Center is at northeast Gate and Town Center parkways in Jacksonville.
  • Top Sales
  • Share

DUVAL

$110,000,000

4853 Town Center Parkway and 4840-4924 Big Island Drive, Jacksonville

Type: The Markets at Town Center

Parcel size: 42.89 acres

Building size: 264,765 square feet

Buyer: Markets at Town Center 2478 LLC

Seller: BVA Markets at TC SPE LLC, Markets SPE Crossroads LLC, Markets SPE Matthews LLC and Markets SPE Schulmann LLC

Previous sale: $93,000,000 in 2021


CLAY

$70,016,225

3385 County Road 315, Green Cove Springs

Type: Planned residential and commercial

Parcel size: 2,445.33 acres

Buyer: SRTG Dev Owner LLC

Seller: Peters Creek Investments LLP


DUVAL

$69,617,898

3601 Kernan Blvd. S., Jacksonville

Type: Mirage on Kernan

Parcel size: 33.94 acres

No. of units: 361

Buyer: BDS IV Mirage on Kernan FL LLC

Seller: Kernan Owner LLC

Previous sale: $68,010,900 in 2022


ST. JOHNS

$59,000,000

40 Wexford Way, St. Augustine

Type: Eight Winds apartments

Parcel size: 12.3 acres

No. of units: 280

Buyer: Eight Winds Property Owner LLC

Seller: ACL Bannon Lakes LLC


CLAY

$50,000,000

3385 County Road 315, Green Cove Springs

Type: Planned residential

Buyer: Saratoga Sagebrook LLC

Seller: SRTG Dev Owner LLC


DUVAL

$42,000,000

4803 Deer Lake Drive W. and 4800 Deer Lake Drive E., Jacksonville

Type: Office

Parcel size: 52.23 acres

Building size: 945,879 square feet

Buyer: ICE Mortgage Technology Holdings Inc.

Seller: Bank of America N.A.


DUVAL

$37,00,000

9541 103rd St., Jacksonville

Type: The Finley apartments

Parcel size: 18.52 acres

No. of units: 312

Buyer: The Finley Owner LLC

Seller: Westridge Community LLC

Previous sale: $36,000,000 in 2018


DUVAL

$36,035,000

4060 San Pablo Parkway, Jacksonville

Type: Windsor Pointe of Jacksonville

Parcel size: 4.99 acres

Building size: 174,010 square feet

Buyer: 4060 San Pablo Pkwy Propco LLC

Seller: Jax ILF 1 LLC


DUVAL

$29,649,204

424 N. Pearl St., Jacksonville

Type: AT&T office, data and telecommunications center

Parcel size: 1.46 acres

Building size: 373,490 square feet

Buyer: Reign CO2 Propco LLC

Seller: AT&T Enterprises Florida LLC, AT&T Enterprises LLC and BellSouth Telecommunications LLC


ST. JOHNS

$27,170,000

St. Johns Parkway, St. Augustine

Type: Planned residential in Silverleaf

Parcel size: Not available

Buyer: Richmond American Homes of Florida

Seller: White’s Ford Timber LLC

 

Sponsored Content

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.