A retail store in Melbourne that sold for $59.14 million tops the list of the most expensive commercial real estate sales in Florida over the past week.
In the past week, a total of 196 commercial property sales were registered in the area, with an average price of $2.92 million. The average price per square foot was $636.
The prices in the list below include commercial real estate sales where the title was recorded during the week of June 15 even if the property sold earlier.
1. $59.14 million, retail store at 4345 Norfolk Parkway
The sale of the retail store or personal services shop at 4345 Norfolk Parkway in Melbourne has been finalized.
The price was $59,140,300. The house was built in 2009 and has a living area of 4,020 square feet. The price per square foot ended up at $14,712. G & I XI Hammock Landing LLC bought the retail store or personal services shop. The deal was closed on June 3.
2. $59.14 million, retail store at 4311 Norfolk Parkway, Unit ROSS
A sale has been finalized for the retail store or personal services shop at 4311 Norfolk Parkway, Unit ROSS in Melbourne.
The price was $59.14 million. The house was built in 2011 and the living area totals 53,904 square feet. The price per square foot ended up at $1,097. G & I XI Hammock Landing LLC acquired the retail store or personal services shop. The deal was finalized on June 3.
3. $23.55 million, service station at 12200 Northwest South River Drive
A 7,584-square-foot full-service gas station at 12200 Northwest South River Drive in Medley has been sold.
The total purchase price was $23,550,000, $3,105 per square foot. The home was built in 2004. South Florida Truck Stop Inc transferred ownership of the full-service gas station to Medley Holdings FL LLC. The transaction was completed on May 28.
4. $20 million, auto repair shop at 9101 West Okeechobee Road
The auto repair garage at 9101 West Okeechobee Road in Hialeah has new owners.
The price was $20,000,000. The house was built in 1976 and has a living area of 12,827 square feet. The price per square foot ended up at $1,559. Hialeah Gardens Holdings FL LLC took over the auto repair garage. The deal was finalized on May 28.
5. $18.21 million, retail store at 4285 Norfolk Parkway
A 64,453-square-foot retail store or personal services shop at 4285 Norfolk Parkway in Melbourne has been sold.
The total purchase price was $18,210,600, $283 per square foot. The home was built in 2015. G & I XI Hammock Landing II LLC bought the retail store or personal services shop. The deal was closed on June 3.
6. $14.5 million, shopping mall at 2909 Southwest High Meadows Avenue, Unit A-8
The regional shopping mall with anchor tenants at 2909 Southwest High Meadows Avenue, Unit A-8 in Palm City has new owners.
The price was $14,500,000. The house was built in 2006 and has a living area of 10,220 square feet. The price per square foot ended up at $1,419. Martin Downs NSC LLC sold the regional shopping mall with anchor tenants to Martin Downs Plaza LLC. The transaction was completed on May 29.
7. $14.5 million, shopping mall at 2843 Southwest Cafe Court, Unit B-8
A 26,051-square-foot regional shopping mall with anchor tenants at 2843 Southwest Cafe Court, Unit B-8 in Palm City has been sold.
The total purchase price was $14,500,000, $557 per square foot. The home was built in 2006. Martin Downs Plaza LLC acquired the regional shopping mall with anchor tenants from Martin Downs NSC LLC. The deal was closed on May 29.
8. $13.7 million, department store at 2751 Northwest Mall Circle
A sale has been finalized for the general merchandise department store at 2751 Northwest Mall Circle in Jensen Beach.
The price was $13.7 million. The house was built in 2007 and the living area totals 97,698 square feet. The price per square foot ended up at $140. C Mastermind LLC took over the general merchandise department store from JBK BT Associates LLC and JBK Treasure Coast Associates LLC. The transaction was completed on May 26.
9. $12.75 million, shopping mall at 1700 North Main Street, Suite A
A 99,102-square-foot regional shopping mall with anchor tenants at 1700 North Main Street, Suite A in Kissimmee has been sold.
The total purchase price was $12,750,000, $129 per square foot. The house was built in 1959. Kissimmee Commons LLC and Bruin Equities LLC acquired the regional shopping mall with anchor tenants. The deal was finalized on June 3.
10. $12.3 million, shopping mall at 2342/2354 Surfside Boulevard
The sale of the regional shopping mall with anchor tenants at 2342/2354 Surfside Boulevard in Cape Coral has been finalized.
The price was $12,300,000. The home was built in 2007 and has a living area of 123,133 square feet. The price per square foot ended up at $100. Atacama Holdings LLC sold the regional shopping mall with anchor tenants to Shops At Surfside LLC and Cygram Heritage LLLP. The transaction was completed on June 8.
