Axiom Holdings Acquires Multifamily Property In Pompano Beach For $3.8M

Situated in Pompano Beach, the multifamily property located at 1751 NE 31st St has recently been sold. This transaction took place on March 12, 2020, with a sale price of $3,800,000. Spanning across 16,700 square feet, the property consists of 30 units, resulting in a price per square foot of $227. The buyer of this property is Axiom Holdings, while the seller is Maven Real Estate. The deal was facilitated by brokers Dan Dratch, Greg Matus, and AJ Stanford from Franklin Street.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,800,000
• Address: 1751 NE 31st St
• Market: Pompano Beach
• Square Footage: 16,700
• Price Per Square Foot: $227
• Number of Units: 30
• Price Per Unit: $126,666

The deal was facilitated by Dan Dratch, Greg Matus, and AJ Stanford from Franklin Street, representing the buyer and seller in this transaction. This successful sale highlights the ongoing activity in the Pompano Beach market and showcases the strategic approach taken by the parties involved.