PEG 265 LLC Purchases 16 Condos On Hillsboro Mile For $14M

Located at 1189 Hillsboro Mile in Hillsboro Beach, this transaction involved the sale of 16 luxurious condominium units for a total price of $14,000,000. The deal resulted in each unit being valued at $875,000.

Summary of transation details:

• Property Type: Condo
• Transaction Amount: $14,000,000
• Units: 16
• Price Per Unit: $875,000
• Buyer: PEG 265 LLC
• Broker: Jed Weaver - The Keyes Company

Jed Weaver of The Keyes Company played a crucial role in brokering this off-market sale. Leveraging his expertise in luxury real estate, Weaver successfully facilitated the transaction within a short span of four months. He represented all parties involved, ensuring a seamless process and setting the stage for the future redevelopment plans of the property.