RLF V East buys 5703 Commonwealth Ave in Jacksonville for $9.38 million

A special warranty deed recorded October 23, 2026, with the Duval County Clerk of Courts, lists a $9,375,000 sale. The auto dealership or repair shop at 5703 Commonwealth Ave in Jacksonville was the second-highest-priced deed recorded in Duval County that day.

The deed lists IG CW LLC as the seller and RLF V East, LLC as the buyer.

The county's 2026 tax roll shows 30,555 square feet of building area, a build year of 1996 and a 12.89-acre lot. The price works out to $307 per square foot. The Property Appraiser's market value on the roll is $2,475,805. The sale price is 3.8 times that.

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 $65,625 for the documentary stamp tax on deed and $24,918.75 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 $9,211,130. 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 $9,303,342 at closing. That covers the full price and closing costs.

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