Dinesh Paliwal Acquires Motel In Dania Beach For $2.53M

The property involved in the transaction is a motel located at 1290 South Federal Highway in Dania Beach. The property spans 6,545 square feet with a sale price of $2,535,000, equating to $387 per square foot. The lot size is 16,184 square feet, making it a notable investment opportunity in the area.

Summary of transaction details:

• Property Type: Motel
• Transaction Amount: $2,535,000
• Buyer: Dinesh Paliwal
• Seller: Shila N. Patel
• Buyer's Rep: Fabian Mahecha, Jenni Fontana & Garrick Benabe - APEX Capital Realty
• Market: Dania Beach

The purchase was facilitated by APEX Capital Realty, with Fabian Mahecha, Jenni Fontana, and Garrick Benabe representing the buyer, Dinesh Paliwal, in the acquisition. The deal highlights the active real estate market in Dania Beach and showcases the collaboration between the involved parties in successfully closing the transaction.