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Tommi Kuutti Purchases Multifamily Property From John D Bols For $1.05M In Lake Worth Beach

Property Image
SOLD
$1,050,000

Florida

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MultiFamily5,600 SF
Sold 12/12/2024
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Property Image
SOLD

Tommi Kuutti Purchases Multifamily Property From John D Bols For $1.05M In Lake Worth Beach

1506 Federal Highway

See Similar Deals
MultiFamily5,600 SF
Sold 12/12/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$187
Total Square Footage:5,600 SF
Transaction Type:Sale

The transaction involves a MultiFamily asset located at 1506 Federal Highway in the Lake Worth Beach market. The property was sold for a total price of $1,050,000, encompassing 6 units and covering a square footage of 5,600. The price per unit (PPU) is calculated at $175,000, and the price per square foot (PPSF) stands at $187.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,050,000
  • Units: 6
  • Square Footage: 5,600
  • Price Per Unit: $175,000
  • Price Per Square Foot: $187
  • Buyer: Tommi Kuutti
  • Seller: John D Bols
  • Seller's Representative: Nelson Ilceus - Colliers

Key participants in this transaction include the buyer, Tommi Kuutti, and the seller, John D Bols. The seller was represented by Nelson Ilceus from Colliers, who facilitated the deal on behalf of the seller.

Players

Nelson Ilceus
Colliers
Nelson Ilceus
13 deals$39.4M volume
BROKER

Details

SOLD
IMAGE: Nelson Ilceus DATE: 12/12/2024 ADDRESS: 1506 Federal Highway MARKET: Lake Worth Beach ASSET TYPE: MultiFamily BUYER: Tommi Kuutti SELLER: John D Bols SELLER'S REP: Nelson Ilceus (@NelsonIlceus_f) - Colliers (@ColliersInternational) SALE PRICE: $1,050,000 UNITS: 6 ~ PPU: $175,000 SF: 5,600 ~ PPSF: $187

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