The buyer was a West Palm Beach based private partnership. The previous sale was $7,300,000 in 2006 based on a planned condo conversion.
“The level of interest on the deal was tremendous, with more written offers than any property we had marketed in the last decade,” said Kattan.
For more information on this transaction, please contact Darron Kattan at 813-839-7300 x315.
Franklin Street Real Estate Services is a Franklin Street Financial Partners company specializing in the brokerage of multifamily assets. For more information, please visit our website at FranklinStreetFinancial.com or contact our office at (813) 839-7300.
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Media Contact: Mandy Force, Franklin Street Financial Partners, LLC, Phone: 813.839.7300; Fax: 813.839.7330. www.franklinstreetfinancial.com