TAMPA, FL-Three multifamily assets totaling 614 units have sold in separate parts of Central Florida in deals totaling $40.4 million. In the affluent Temple Terrace section of Tampa Bay, Miami-based Sonoma Park LLC paid New York City-based Praedium Group and Affirmative Equity Properties $17.8 million for Sierra Point apartments, which is currently 91% occupied. The 296-unit, 33-year-old asset is located at 8412 Rio Bravo Court. Darron Kattan of Marcus & Millichap represented the sellers. The buyer represented itself.

In Holly Hill, a suburb of Daytona Beach, Steven D. Bell & Co. of Greensboro, NC acquired the 150-unit Riviera Senior living facility at 1825 Ridgewood Ave. from Riviera Assisted Living LLC for $14.8 million. The property was originally developed as the Riviera Hotel in 1923.

The facility has 76 assisted-living units that opened in 1999 and 74 newly constructed independent-living units that opened in December 2005. CB Richard Ellis Inc. brokers Bruce Gibson and Kyle Sheehan represented the seller and found the buyer.

Meanwhile, Villas at Jasmine Park LLC of Miami paid Jasmine Court LLC of Newport Beach, CA $7.8 million for the 168-unit Jasmine Park apartments at 7601 North 9th Ave. in Pensacola. The property was built in 1971 and renovated between 2004 and 2005. The deal took 76 days to complete, from letter of intent to closing.

The transaction was coordinated by Marcus & Millichap brokers Evan Kristol, Brandon Rex and Still Hunter III of the firm's Fort Lauderdale office; Peter Katz of the Phoenix office; and Stephen St. Clair of the Orlando office.