The site will become the first apartment community developed on Fleming Island in over 20 years.
JACKSONVILLE, FL., – December 18, 2020 – NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville announces the sale of 11.371 acres of land located at the intersection of US Highway 17 and Radar Road in Fleming Island, Florida 32003 (the “Property”). The transaction was brokered by Managing Partners Keith Goldfaden and Christian Harden, SIOR on behalf of the seller, Fleming Island Business Park III, LLP. The buyer, Bristol Development Group based in Franklin Tennessee, purchased the Property with plans to develop an upscale apartment community.
Located at the northwest corner of US Highway 17 and Radar Road, the Property is situated within one of Northeast Florida’s wealthiest zip codes.
“We received an incredible amount of interest in this Property from developers across the country given it may be the last available multi-family site in all of Fleming Island,” said Keith Goldfaden, managing partner of NAI Hallmark. Goldfaden added, “Clay county continues to experience strong growth and this new apartment community will help fill a crucial void for multi-family housing.”
For more information regarding the sale of 11.371 acres at US 17 and Radar Road in Fleming Island, Florida, or any questions relating to land sales, please contact NAI Hallmark at +1 904 363 9002.
