Top commercial sales of the week

Here are the top 10 commercial real estate sales in Northeast Florida, comprising Duval and St. Johns counties. The sales were recorded March 29-April 4.


  • By
  • | 5:00 a.m. April 8, 2021
  • | 5 Free Articles Remaining!
The Preserve at Cedar River apartments at 4207 Confederate Point Road in Jacksonville sold for $33.3 million, a 121% increase over its sale price in 2013.
The Preserve at Cedar River apartments at 4207 Confederate Point Road in Jacksonville sold for $33.3 million, a 121% increase over its sale price in 2013.
  • Real Estate
  • Share

DUVAL  

$33,234,569

4207 Confederate Point Road, Jacksonville

Type: Preserve at Cedar River apartments

Parcel size: 31.38 acres

No. of units: 200

Buyer: Jacksonville DS JR LLC, Jacksonville Equities LLC, Jacksonville GW LLC, Jacksonville NJS LLC, Jacksonville JJL LLC and Jacksonville Schorr LLC

Seller: Preserve at Cedar River LP

Previous sale: $15,000,000 in 2013

DUVAL  

$17,765,431

4375 Confederate Point Road, Jacksonville

Type: Heritage on the River Apartments

Parcel size: 18.38 acres

No. of units: 297

Buyer: Jacksonville DS JR LLC, Jacksonville Equities LLC, Jacksonville GW LLC, Jacksonville NJS LLC, Jacksonville JJL LLC and Jacksonville Schorr LLC

Seller: Heritage on the River LP

Previous sale: $9,975,000 in 2012

DUVAL  

$17,474,000

11001 Pritchard Road, Jacksonville

Type: Warehouse

Parcel size: 11.66 acres

Building size: 244,454 square feet

Buyer: 11001 Pritchard Rd LLC

Seller: Florida Becknell Investors 2011 LLC

Previous sale: $10,650,000 in 2013

ST. JOHNS  

$13,048,500

45 Tournament Players Club Blvd., Ponte Vedra Beach

Type: Hilton Garden Inn and retail

Parcel size: 1.54 acres

Building size: Four buildings totaling 80,907 square feet

Buyer: NF IV-VA SSCI Jacksonville LLC

Seller: Sawgrass Hotel Partners Ltd.

DUVAL  

$12,768,000

10089 N. Main St., Jacksonville

Type: Warehouse

Parcel size: 18.45 acres

Building size: 240,680 square feet

Buyer: 10089 North Main St LLC

Seller: Becknell Properties

Previous sale: $8,725,000 in 2013

DUVAL  

$7,697,087

4450 Tropea Way, Jacksonville

Type: The Jaxon apartments — 13.92% interest

Parcel size: 9 acres

No. of units: 287

Buyer: TBR Jaxon Owner 2021 LLC

Seller: TBR Town Center Property Owner LLC

ST. JOHNS 

$6,579,607

Caribbean Place and Waterline Drive, Saint Johns

Type: 63 lots in Twin Creeks North Parcel 13 Phase 1, Phase 2 and Unit 1

Parcel size: Not available

Buyer: Lennar Homes LLC

Seller: AG Essentials Housing Multi State 2 LLC

DUVAL  

$4,056,250

207 Ninth Ave. N., Jacksonville Beach

Type: The Breakers Apartments

Parcel size: 0.57 acres

No. of units: 28

Buyer: Marshpoint Multi Family One LLC

Seller: Kenneth R. Kirton II, Michael H.T. Kirton and the Terry L. Peterson Revocable Trust

Previous sale: $300,000 in 1989

DUVAL  

$3,871,875

220 Fifth Ave. S., Jacksonville Beach

Type: Ocean Reef Apartments

Parcel size: 0.59 acres

No. of units: 28

Buyer: Marshpoint Multi Family One LLC

Seller: K-Town Inc.

Previous sale: $295,000 in 1991

DUVAL 

$3,871,875

275 Sailfish Drive, Atlantic Beach

Type: Atlantic Beach Apartments

Parcel size: 2 acres

No. of units: 32

Buyer: Marshpoint Multi Family One LLC

Seller: Michael H.T. Kirton and the Terry L. Peterson Revocable Trust

Previous sale: $300,300 in 1975

 

×

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.