SOLD
Livingston Street Capital Acquires 175-Unit Multifamily Property In Ponte Vedra Beach For $56M
50 Pine Shadow Parkway
MultiFamily
9,882 SF
9,882 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
9,882 sqft
Located in Ponte Vedra Beach, the multifamily property at 50 Pine Shadow Parkway was recently sold. Spanning over an area of 5.02 acres, the property was acquired for a total purchase price of $11,155,378. The transaction was completed on August 27, 2021.
Summary of Transaction Details
- Property Type: Multifamily
- Address: 50 Pine Shadow Pkwy, Ponte Vedra Beach
- Market: Ponte Vedra Beach
- Acreage: 5.02
- Purchase Price: $11,155,378
The buyer of the property was Livingston Street Capital, while the seller was RangeWater Development LLC. Representing the parties involved in the deal were Erik Bjornson and Tyler Nilsson from Newmark Knight Frank.
The transaction was executed at a sale price of $56,000,000. The property consists of 175 units, with a per unit price of $320,000.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Erik Bjornson & Tyler Nilsson
DATE: 08/27/2021
ADDRESS: 50 Pine Shadow Pkwy
MARKET: Ponte Vedra Beach
ASSET TYPE: Multifamily ~ ACRES: 5.02 ~ PPA: $11,155,378
BUYER: Livingston Street Capital
SELLER: RangeWater Development LLC
BROKERS: Erik Bjornson & Tyler Nilsson - Newmark Knight Frank
SALE PRICE: $56,000,000
UNITS: 175 ~ PPU: $320,000View on map
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Address50 Pine Shadow Parkway
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