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 March 18-24, 2024.


  • By
  • | 12:00 a.m. March 28, 2024
  • | 0 Free Articles Remaining!
Fort Lauderdale-based Southeast Property Group acquired a two-property, 328-unit apartment portfolio at 5928 Firestone Road and 1601 Dunn Ave. in Jacksonville for $20.3 million. Southeast said that because the properties are distressed, Colonial Forest Apartments are being rebranded as The Belmont, and Northwood Apartments as Avenue at 1601. Southeast says a $9.7 million renovation is underway.
Fort Lauderdale-based Southeast Property Group acquired a two-property, 328-unit apartment portfolio at 5928 Firestone Road and 1601 Dunn Ave. in Jacksonville for $20.3 million. Southeast said that because the properties are distressed, Colonial Forest Apartments are being rebranded as The Belmont, and Northwood Apartments as Avenue at 1601. Southeast says a $9.7 million renovation is underway.
  • Top Sales
  • Share

DUVAL

$20,300,000

5928 Firestone Road and 1601 Dunn Ave., Jacksonville

Continue reading your article
with a JAX Daily Record subscription.
What's included:
  • ✓ Unlimited digital access to JaxDailyRecord.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed printed newspaper every Thursday

 

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.