Geoff Sabatino Purchases Multifamily Property At 204 Osceola Park Lane From Anthony Stern For $3.25M

The property asset involved in this sale is a multifamily townhome located at 204 Osceola Park Lane in Delray Beach. The transaction is priced at $3,250,000 and spans a total area of 3,176 square feet, translating to a price per square foot of $1,023.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,250,000
• Address: 204 Osceola Park Lane
• Market: Delray Beach
• Square Footage: 3,176
• Price Per Square Foot: $1,023
• Buyer: Geoff Sabatino
• Seller: Anthony Stern
• Seller's Representative: Danielle Stern & Matthew M. Bachrad - William Raveis Real Estate; Tali Israel

This transaction marks the first sale at Centennial Square, with two more townhomes available from $3.65 million. The new construction features a three-story layout with four bedrooms, a club room, a roof deck, a private heated pool, a 2.5-car garage, a gas range, and a windowed elevator. The first townhome was under contract pre-construction in early 2022.