SOLD
Key International And Wexford Real Estate Investors Acquire Pompano Beach Hotel For $54M
1200 North Ocean Boulevard
Hotel
7,791 SF
7,791 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Hotel
7,791 sqft
The sale of a hotel located at 1200 North Ocean Boulevard in Pompano Beach has been finalized. The property, situated in a prime location on Ocean Boulevard, was sold for a total price of $54,000,000.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $54,000,000
- Address: 1200 North Ocean Boulevard, Pompano Beach
- Market: Pompano Beach
The buyer of the hotel is Key International, represented by Inigo Ardid, Diego Ardid, and Wexford Real Estate Investors represented by Joseph Jacobs. On the other hand, the seller is Pan Am Equities and Big Move Properties, represented by Doug Levine.
The transaction was facilitated by Apex Capital Realty. Miguel Pinto, Garrick Benabe, and Ovy Anghel were the buyer's representatives, while Miguel Pinto and Garrick Benabe represented the seller.
With a total of 219 keys, this hotel offers a competitive price per key of $246,575.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Joseph Jacobs, Ovy Anghel, Diego Ardid, Miguel Pinto, Inigo Ardid & Garrick Benabe
DATE: 12/02/2021
ADDRESS: 1200 North Ocean Boulevard
MARKET: Pompano Beach
ASSET TYPE: Hotel
BUYER: Key International - Inigo & Diego Ardid & Wexford Real Estate Investors - Joseph Jacobs
SELLER: Pan Am Equities & Big Move Properties - Doug Levine
BUYER'S REP: Miguel Pinto, Garrick Benabe & Ovy Anghel - Apex Capital Realty
SELLER'S REP: Miguel Pinto & Garrick Benabe - Apex Capital Realty
SALE PRICE: $54,000,000
KEYS: 219 ~ PPK: $246,575View on map
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Address1200 North Ocean Boulevard
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