Colliers' Mitash Kripalani Represents Seller In Boynton Beach Development Site Sale At 3184 SW 156 Place For $2.5M

Located in Boynton Beach, this 1.34-acre development site recently changed hands in a closed sale. The property, situated at 3184 SW 156 Place, offers an exciting opportunity for future development. With a sale price of $2,500,000, this transaction has set a record price for the sellers, Tuscan Villas At Boynton Beach. This development site boasts a buildable square footage (BSF) of 58,370, resulting in a price per buildable square footage (PPBSF) of $43. The market value of this asset, within Boynton Beach, showcases its potential for growth and lucrative investment opportunities.

Summary of Transaction Details

• Property Type: Development Site
• Transaction Amount: $2,500,000
• Address: 3184 SW 156 Place
• Market: Boynton Beach
• Buildable Square Footage (BSF): 58,370
• Price Per Buildable Square Footage (PPBSF): $43

The sale of this property was facilitated by Mitash Kripalani, a representative of Colliers, who represented the sellers, Tuscan Villas At Boynton Beach. Kripalani's expertise and negotiation skills played a crucial role in achieving the record-breaking price for his clients. This sale signifies the high demand and potential for development in Boynton Beach.

If you're curious about the current value of your property or would like to explore other listings in the area, reach out to Mitash Kripalani at 786-271-5598. He can provide further details or present you with off-market opportunities that may align with your investment goals.