Excerpted from Daily Business Review story.
The $2.9 million sale of an apartment building in Fort Lauderdale was a record for the highest unit price fetched for a 1970s apartment property in the city’s Victoria Park neighborhood.
The sale price breaks down to $241,667 for each of the 12 units.
The deal was handled by a Franklin Street team. Investment associate Dan Dratch in Fort Lauderdale, multifamily investment sales director Hernando Perez in Miami and investment associate Kameron Djamal in Plantation closed the deal Jan. 19 on behalf of the seller.