Jacksonville · Commercial sale
LSREF7 Ranger Reo (PALMS at Beacon) buys 1251 Beacon Point Dr in Jacksonville for $19.6 million
An apartment complex at 1251 Beacon Point Dr, Jacksonville sold for $19,600,000 on October 30, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $19,600,000
- Recorded
- October 30, 2026
- Property type
- Apartment complex
- Building area
- 132,967 sq ft
- Price per sq ft
- $147
- Year built
- 1985
An apartment complex at 1251 Beacon Point Dr in Jacksonville sold for $19,600,000. It was the highest-priced deed recorded in Duval County that day, according to a warranty deed recorded October 30, 2026 with the Duval County Clerk of Courts.
The deed lists MW - Beacon Pointe 1, LLC, MW - Beacon Pointe 2, LLC and MW - Beacon Pointe 3, LLC as the seller. It lists LSREF7 Ranger Reo (PALMS at Beacon), LLC as the buyer.
The county's 2026 tax roll shows 132,967 square feet of building area, a build year of 1985 and an 11.77-acre lot. At that size, the price works out to $147 per square foot. The Property Appraiser's market value on the roll is $17,970,400.
This summary was written by AI from public deed records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Duval County?
By our estimate, the seller's two largest charges, not counting prorations, were $137,200 for the documentary stamp tax on deed and $45,525 for the owner's title insurance policy. Who pays what follows Duval County custom.
How much did the seller net?
By our estimate, the seller netted about $19,261,603. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $19,445,997 at closing. That covers the full price and closing costs.
Source: Duval County Clerk of Courts, Official Records, instrument 2026254520. Property details: Duval County 2026 tax roll, published by the Florida Department of Revenue. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
