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86 Isle of Venice Apartments, Isle of Venice, Fort Lauderdale, FL |
FORT LAUDERDALE, FL– Marcus & Millichap Real Estate
Investment Services, the nation’s largest real estate investment services firm,
has announced the sale of 86 Isle of Venice, a six-unit apartment
property located in Fort Lauderdale, FL. The asset commanded a sales price of
$1,100,000 representing $183,333 per unit.
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| Joseph P. Thomas |
Associate Vice President Investments Joseph P. Thomas
in Marcus & Millichap’s Ft. Lauderdale office had the exclusive listing to
market the property on behalf of the seller, a private investor from Fort
Lauderdale, FL.
The buyer, a limited liability company from Pompano Beach,
FL, was secured and represented by Joseph Thomas and Adam Duncan, an
investment specialist also in the firm’s Ft. Lauderdale office.
86 Isle of Venice is a six-unit apartment building with 60
feet of canal frontage and four rental boat slips located just north of Las
Olas Boulevard.
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| Adam Duncan |
The surrounding area is comprised of high-end single-family
homes, condominiums and townhomes, along with a few scattered apartment
buildings and hotels. The unit mix consists of one studio, two
one-bedroom/one-bath apartments, one one-bedroom/two-bath apartment, one
two-bedroom/two-bath apartment and one two-bedroom/two-bath townhouse.
For a complete copy
of the company’s news release, please contact:
Gregory Matus
Regional Manager / Vice President,
Fort Lauderdale, FL
(954) 245-3400
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