22573 SW 66th Ave Multifamily Acquired In Boca Raton For $43M

Located at 22573 SW 66th Ave in Boca Raton, this multifamily property was recently sold in a closed transaction for a sale price of $43,000,000. The property consists of 184 units, with an average price per unit of $233,696. Spanning across 155,000 square feet, the property has a price per square foot of $277.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $43,000,000
• Address: 22573 SW 66th Ave, Boca Raton
• Market: Boca Raton

The buyer of this property is 22573 SW 66th Ave FL LLC, represented by Elizabeth Hagins. On the other side, the seller was Axonic Properties, represented by Jonathan Shechtman and Brian Kennedy. The sale was facilitated by brokers Hampton Beebe, Avery Klann, and Tal Frydman from Newmark.