Marcus & Millichap Brokers Sell Fort Walton Beach Multifamily For $16.85M

The multifamily property located at 1861 Stella Lane in Fort Walton Beach has been sold for a total price of $16,850,000. The transaction took place on January 14, 2021. The property consists of 108 units, with each unit priced at approximately $156,019.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $16,850,000
• Address: 1861 Stella Lane
• Market: Fort Walton Beach

The brokers involved in this deal were Duane C. Anderson, Jason Hague, Ned Roberts, and Adam Podbelski from Marcus & Millichap.

Adam Podbelski, Ned Roberts, and Duane C. Anderson were the individuals responsible for the transaction. They successfully facilitated the sale of the multifamily property at 1861 Stella Lane in Fort Walton Beach. The involvement of Marcus & Millichap as the brokerage firm further contributed to the smooth execution of the deal.