Paul Siegel Of EMET Capital Acquires 332-Unit Edenfield Shores Apartments From Paul Fuhrman For $37M

The 332-unit Edenfield Shores apartments, located at 5885 Edenfield Road in Jacksonville, has been sold for $37,000,000. The multifamily property spans 26.6 acres and includes one- to three-bedroom units across 15 buildings. The average price per unit for this transaction is $111,446.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,000,000
• Units: 332
• Price Per Unit: $111,446
• Buyer: Paul Siegel - EMET Capital
• Seller: Paul Fuhrman - Miramar Capital
• Date of Transaction: 08/08/2025
• Asset Size: 26.6 acres
• Market: Jacksonville

Paul Siegel from EMET Capital represented the buyer in this transaction, while Paul Fuhrman from Miramar Capital represented the seller. The property, constructed in 1975, offers various amenities, including pools, a clubhouse, and views of the St. Johns River.