Marcus & Millichap Sells Flex Condo Park In Palm Bay For $4.43M
2300 & 2320 Commerce Park Drive Northeast
22,441 SF
Summary
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.
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