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Marcus & Millichap Sells Flex Condo Park In Palm Bay For $4.43M

Property Image
SOLD
$4,430,000
Ray Turchi
David Vaughan
AS
+ 1

Florida

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Condo22,441 SF
Sold 06/13/2023
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Property Image
SOLD

Marcus & Millichap Sells Flex Condo Park In Palm Bay For $4.43M

2300 Commerce Park Dr NE, Palm Bay, FL 32905

See Similar Deals
Condo22,441 SF
Sold 06/13/2023
Ray Turchi
David Vaughan
AS
+ 1
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$197
Total Square Footage:22,441 SF
Transaction Type:Sale

Marcus & Millichap has sold a flex condominium park in Palm Bay, Florida, spanning 22,441 square feet, for $4.43 million. The property, located within Woodlake Commerce Park at 2300 & 2320 Commerce Park Drive Northeast, was sold in a closed sale transaction. The asset type of the property is a condo. The transaction took place on June 13, 2023, in the Palm Bay market.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $4,430,000
  • Address: 2300 & 2320 Commerce Park Drive Northeast
  • Market: Palm Bay

Alejandro Silbestein from Resma LLC represented the buyer in this transaction. The seller was represented by David Vaughan, Ray Turchi, and Quint Schenck from Marcus & Millichap. The property received multiple competitive offers and boasts long-term tenants on five-year triple-net leases. The sale price per square foot was $197.

Players

David Vaughan
Marcus & Millichap
David Vaughan
8 deals$43.5M volume
BROKER
Ray Turchi
Marcus & Millichap
Ray Turchi
8 deals$43.5M volume
BROKER
AS
Alejandro Silbestein
2 deals$12.8M volume(786) 262-8548
BROKER
Luther (Quint) Schenck
Marcus & Millichap
Luther Schenck
1 deal$4.4M volume(407) 557-3818
BROKER

Details

SOLD
IMAGE: Quint Schenck, David Vaughan & Ray Turchi DATE: 06/13/2023 ADDRESS: 2300 & 2320 Commerce Park Drive Northeast MARKET: Palm Bay ASSET TYPE: Condo BUYER'S REP: Alejandro Silbestein - Resma LLC SELLER'S REP: David Vaughan (@Djv3), Ray Turchi & Quint Schenck (@QSchenck) - Marcus & Millichap (@MarcusMillichap_Fl) SALE PRICE: $4,430,000 SF: 22,441 ~ PPSF: $197 NOTE: Marcus & Millichap has sold a flex condominium park in Palm Bay, Florida, spanning 22,441 square feet, for $4.43 million. The property, located within Woodlake Commerce Park, received multiple competitive offers and boasts long-term tenants on five-year triple-net leases.

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