NAI Hallmark represents $1M sale of former Morgan & Morgan building in St. Augustine, Florida

JACKSONVILLE, Fla., April 20, 2020 – Daniel Burkhardt and Luke Feldman of NAI Hallmark, a leading commercial real estate brokerage and property management firm in Jacksonville, recently brokered the sale of 105 South Ponce de Leon Boulevard, St. Augustine, FL 32084 (the “Property”) on behalf of the seller, R&B Property V, LLC. Great Expectations Realty purchased the property for $1,003,500.

The Property, previously occupied by Morgan & Morgan, is a single-story office building consisting of 5,400 SF in St. Augustine, Florida. Positioned at the lighted intersection of Ponce de Leon Boulevard (US-1) and West King Street, the Property boasts ±106 feet of frontage on US-1 with a combined traffic count of ±62,000 vehicles per day.

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