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Marcus & Millichap Brokers Sale Of 22-Unit Mixed-Use Property In Winter Garden For $10.4M

Property Image
SOLD
$10,400,000
Ben Skinner
Salim Valiani
+ 1

Florida

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Mixed-use
Sold 01/12/2026
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Property Image
SOLD

Marcus & Millichap Brokers Sale Of 22-Unit Mixed-Use Property In Winter Garden For $10.4M

109 Boyd Street

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Mixed-use
Sold 01/12/2026
Ben Skinner
Salim Valiani
+ 1
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Summary

FLORIDA
Asset Type:Mixed-use
Transaction Type:Sale

The property involved in the transaction is a mixed-use asset located at 109 Boyd Street in Winter Garden, Florida. The sale was executed for a price of $10,400,000, encompassing a total of 22 units which translates to a price per unit of $472,727. The property consists of ground-floor commercial space, catering to both residential and retail needs.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $10,400,000
  • Units: 22
  • Price Per Unit: $472,727
  • Market: Winter Garden

The transaction was facilitated by brokers Matt Prozzillo, Ben Skinner, Alex Goodale, and Salim Valiani from Marcus & Millichap. The mixed-use property was sold to a New York-based family office, demonstrating significant investor interest within the market and achieving a record price per unit in downtown Winter Garden.

Players

Salim Valiani
13 deals$100.3M volume(407) 620-2416
BROKER

Matthew (Matt) Prozzillo
Marcus & Millichap
14 deals$71.9M volume
BROKER

Ben Skinner
Marcus & Millichap
13 deals$71.9M volume(407) 557-3889
BROKER

Details

SOLD
IMAGE: Alex Goodale, Ben Skinner, Salim Valiani & Matt Prozzillo DATE: 01/12/2026 ADDRESS: 109 Boyd Street MARKET: Winter Garden ASSET TYPE: Mixed-use BROKERS: Matt Prozzillo (@MattProzzillo), Ben Skinner, Alex Goodale (@Alex.Goodale) & Salim Valiani - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $10,400,000 UNITS: 22 ~ PPU: $472,727 NOTE: Marcus & Millichap brokered the $10.4M sale of Tremaine | Boyd, a 22-unit mixed-use property with ground-floor commercial space in Winter Garden, FL, to a New York-based family office. The property, originally developed by the seller, achieved record investor interest and price-per-unit for downtown Winter Garden, highlighting strong demand for scarce mixed-use assets in the evolving market. -use

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$554,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$36,949.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,301.31
Annual Debt Service$591,615.67