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. 24-March 2, 2025.

  • By Daily Record Staff
  • | 12:00 a.m. March 6, 2025
  • | 4 Free Articles Remaining!
The 280-unit Eight Winds apartments in St. Augustine sold Feb. 26 for $59 million. The community is at 50 Wexford Way off north International Golf Parkway about 1 mile east of Interstate 95 and World Golf Village. Tampa-based DeBartolo Holdings bought it through Eight Winds Property Owner LLC. The community, built as Bannon Lakes, was completed in 2024 and comprises a clubhouse and seven four-story buildings.
The 280-unit Eight Winds apartments in St. Augustine sold Feb. 26 for $59 million. The community is at 50 Wexford Way off north International Golf Parkway about 1 mile east of Interstate 95 and World Golf Village. Tampa-based DeBartolo Holdings bought it through Eight Winds Property Owner LLC. The community, built as Bannon Lakes, was completed in 2024 and comprises a clubhouse and seven four-story buildings.
Eight Winds
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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


ST. JOHNS

$18,656,748

3301 and 3405 International Golf Parkway, St. Augustine

Type: Commercial and conservation

Parcel size: 158.05 acres

Buyer: IGP WCC Project LLC

Seller: World Commerce Center


DUVAL

$8,400,000

2040 Mayport Road, Jacksonville

Type: Holiday Inn Express & Suites

Parcel size: 1.47 acres

Building size: 38,926 square feet

Buyer: PH Lodging Jax Beach LLC

Seller: Mayport Development Partners Inc. and Mayport Lodging Inc.

Previous sale: $1,250,000 in 2006


ST. JOHNS

$4,773,000

Farmfield Drive, St. Augustine

Type: 37 residential lots in Whisper Creek Phase 12, Unit C

Parcel size: Not available

Buyer: Dream Finders Homes LLC

Seller: Six Mile Creek Investment Group LLC


ST. JOHNS

$2,500,000

4522 Kohler Road and 3975 Florida 16, St. Augustine

Type: Planned residential

Parcel size: 21.13 acres

Buyer: Kohler Estates LLC

Seller: RCBF Properties LLC


DUVAL

$2,350,000

7068 Ponce De Leon Ave., Jacksonville

Type: Apartments

Parcel size: 1.08 acres

No. of units: 16

Buyer: Ponce De Leon 87 LLC

Seller: Capstone Capital Investments Two LLC

Previous sale: $1,650,000 in 2020


DUVAL

$2,300,000

301 Jacksonville Drive, Jacksonville Beach

Type: Office

Parcel size: 0.53 acre

Building size: 4,947 square feet

Buyer: TWFB LLC

Seller: Jax Beach Vet Holdings LLC


DUVAL

$2,165,354

1129 Arco Drive, Jacksonville

Type: Monterey Apartments

Parcel size: 0.48 acre

No. of units: 25

Buyer: Green Phin Flats II LLC

Seller: Monterey Apt. LLC

Previous sale: $455,000 in 2014


NASSAU

$2,000,000

802 Ash St., Fernandina Beach

Type: David’s Restaurant & Lounge

Parcel size: 0.4 acre

Building size: 6,355 square feet

Buyer: Kendallo LLC

Seller: Goldini LLC

Previous sale: $675,000 in 2022


DUVAL

$1,850,000

1301 Second St. N., Jacksonville Beach

Type: Apartments

Parcel size: 0.11 acre

No. of units: 4

Buyer: Sunday Ero

Seller: 1301 2nd St N LLC

Previous sale: $1,725,000 in 2022

 

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