A nightclub in Sarasota that sold for $163.77 million tops the list of the most expensive commercial real estate sales in Florida during the past week.
In the past week, a total of 136 commercial property sales were registered in the area, with an average price of $4.51 million. The average price per square foot was $770.
The prices in the list below include commercial real estate sales where the title was recorded during the week of Aug. 3 even if the property sold earlier.
1. $163.77 million, nightclub at 1234 Benjamin Franklin Drive
A 73,810-square-foot nightclub or cocktail lounge at 1234 Benjamin Franklin Drive in Sarasota has been sold.
The total purchase price was $163,765,000, $2,219 per square foot. The house was built in 2003. Ashford Sarasota LP sold the nightclub or cocktail lounge to 1776 Sarasota Associates LLC. The transaction was completed on July 23.
2. $60 million, apartment building at 5114 Spanish Harbor Drive
A 443,536-square-foot residential complex with more than five units at 5114 Spanish Harbor Drive in Wildwood have been sold.
The total purchase price was $60,000,000, $135 per square foot. The units were built in 2023. Sundance GCT LLC and Sundance KT LLC acquired the residential complex with more than five units. The deal was closed on July 9.
3. $51 million, property at 1000 Southwest 62nd Boulevard
The property at 1000 Southwest 62nd Boulevard in Gainesville have new owners.
The price was $51,000,000. The units were built in 1994 and have a living area of 344,593 square feet. The price per square foot ended up at $148. The property features 125 bedrooms and 244 bathrooms altogether in the different units. Forest View At Gainesville LLC transferred ownership of the property to Bedford Forest View LLC. The deal was finalized on July 17.
4. $40.7 million, apartment building at 3205 Northwest 83rd Street
The sale of the residential complex with more than five units at 3205 Northwest 83rd Street in Gainesville has been finalized.
The price was $40,700,000. The units were built in 2009 and have a living area of 216,468 square feet. The price per square foot ended up at $188. SF IVY LLC bought the residential complex with more than five units from Colliers Crossing LLC. The deal was finalized on July 24.
5. $40.7 million, property at 3205 Northwest 83rd Street
A sale has been finalized for the property at 3205 Northwest 83rd Street in Gainesville.
The price was $40,700,000. The units were built in 2000 and the living area totals 242,053 square feet. The price per square foot ended up at $168. The property features 56 bedrooms and 56 bathrooms altogether in the different units. Collier Santa FE Owner LLC sold the property to SF IVY LLC. The transaction was completed on July 24.
6. $38.4 million, store at 82787 Overseas Highway
The sale of the store or retail outlet at 82787 Overseas Highway in Islamorada has been finalized.
The price was $38,400,000. The home was built in 1999 and has a living area of 705 square feet. The price per square foot ended up at $54,468. 82779 Old HWY Property Owner LLC bought the store or retail outlet. The deal was closed on July 24.
7. $20.69 million, shopping mall at 11341 Normandy Boulevard
A sale has been finalized for the regional shopping mall with anchor tenants at 11341 Normandy Boulevard in Jacksonville.
The price was $20.69 million. The house was built in 2024 and the living area totals 65,052 square feet. The price per square foot ended up at $318. Brighton Commons LLC and Commonwealth-Griggs LLC took over the regional shopping mall with anchor tenants. The deal was finalized on July 22.
8. $14.9 million, shopping mall at 2280 West International Speedway Boulevard
The regional shopping mall with anchor tenants at 2280 West International Speedway Boulevard in Daytona Beach has new owners.
The price was $14,900,000. The house was built in 2007 and has a living area of 12,547 square feet. The price per square foot ended up at $1,188. Palmetto Scheid Daytona LLC took over the regional shopping mall with anchor tenants from TL3 ISB LLC. The transaction was completed on July 9.
9. $10.1 million, shopping mall at 1998 State Road 44
A 91,759-square-foot regional shopping mall with anchor tenants at 1998 State Road 44 in New Smyrna Beach has been sold.
The total purchase price was $10,100,000, $110 per square foot. The home was built in 1987. GH2 NSB BB LLC transferred ownership of the regional shopping mall with anchor tenants to NSB Retail LLC. The deal was closed on July 13.
10. $9.4 million, mixed-use property at 15 Royal Palm Point
The mixed-use retail and office property at 15 Royal Palm Point in Vero Beach has new owners.
The price was $9,400,000. The house was built in 1973 and has a living area of 7,387 square feet. The price per square foot ended up at $1,273. RR Real Estate LLC bought the mixed-use retail and office property. The deal was closed on July 22.