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. 12-18, 2024.

  • By Daily Record Staff
  • | 12:00 a.m. February 22, 2024
  • | 1 Free Article Remaining!
The Jacksonville Housing Authority acquired the 256-unit Westwood Apartments at 1171 Lane Ave. S.
The Jacksonville Housing Authority acquired the 256-unit Westwood Apartments at 1171 Lane Ave. S.
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DUVAL          

$35,850,000

1171 Lane Ave. S., Jacksonville

Type: Westwood Apartments 

Parcel size: 25.36 acres

No. of units: 256

Buyer: Jacksonville Housing Authority

Seller: Deerfield Interwest Holdings LLC, Deerfield JS LLC and Deerfield MBFT LLC

Previous sale: $22,250,000 in 2019

DUVAL

$16,912,500

4060 Barnes Road and 1600 Lansdowne Drive, Jacksonville

Type: Southwood and Lansdowne Crossing apartments

Parcel size: 10.39 acres

No. of units: 185

Buyer: MW-S&L Jacksonville 1 LLC, MW-S&L Jacksonville 2 LLC and MW-S&L Jacksonville 3 LLC

Seller: FCI FL2 Holdings LLC

Previous sale: $10,075,000 in 2021

DUVAL

$11,370,000

4800 Atlantic Blvd., Jacksonville

Type: The Park at Pottsburg Creek

Parcel size: 8.32 acres

No. of units: 128

Buyer: Red Raider 45 LLC

Seller: Toro Jax Property II LLC, DJ Montgomery II LLC, Direnzo Real Estate Management II LLC and DC Montgomery Property II LLC

Previous sale: $7,454,000 in 2019

ST. JOHNS

$3,400,000

1720 U.S. 1 S., St. Augustine

Type: Planned Chick-fil-A

Parcel size: 1.43 acres

Buyer: Chick-fil-A Inc.

Seller: 1720 Properties LLC

Previous sale: $2,000,000 in 2023

DUVAL

$3,300,000

Salisbury Road, Jacksonville

Type: Industrial/business

Parcel size: 2.97 acres

Buyer: Gavin Point Ltd.

Seller: PSG Group LLC

Previous sale: $855,000 in 2023

DUVAL

$2,714,000

8014 Beach Blvd., Jacksonville

Type: Family Dollar

Parcel size: 1.04 acres

Building size: 7,645 square feet

Buyer: 1305 Homestead LLC

Seller: 8014 Beach Blvd LLC

Previous sale: $2,150,000 in 2023

BAKER

$2,100,000

806 S. Sixth St., Macclenny

Type: Crossroads Shopping Center, portion of

Parcel size: 3.61 acres

Building size: 23,760 square feet

Buyer: Sunrisebiz LLC

Seller: WHG Macclenny LLC

ST. JOHNS

$1,950,000

140 Cypress Edge Drive, Saint Johns

Type: Commercial outparcel

Parcel size: 0.95 acre

Buyer: 140CE Realty LLC

Seller: Grand Cypress Marketplace LLC

ST. JOHNS

$1,803,453

100 Front Nine Drive, St. Augustine

Type: Unit rental weeks at Grande Villas at World Golf Village

Condo size: Not available

Buyer: Vacations Trust Inc.

Seller: Bluegreen Vacations Unlimited Inc.

ST. JOHNS

$1,669,102

Bermudez Way and Cordova Parlms Parkway, St. Augustine

Type: 23 residential lots in Cordova Palms Phases One and Two

Parcel size: Not available

Buyer: Dream Finders Homes LLC

Seller: VPDF Cordova LLC

 

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