F/Advance Capital Acquires Multifamily Property At 3200 Haverhill Road For $17.4M

The property asset involved in the transaction is a multifamily building located at 3200 Haverhill Road in West Palm Beach. The sale price of the property was $17,400,000. The building consists of 60 units, with a price per unit of $290,000. The total square footage of the asset is 76,800, resulting in a price per square foot of $226.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,400,000
• Units: 60
• Price Per Unit: $290,000
• Square Footage: 76,800
• Price Per Square Foot: $226
• Buyer: F/Advance Capital
• Buyer's Representative: Demian Perelmuter
• Date of Transaction: 11/20/2024
• Market: West Palm Beach

Demian Perelmuter represented the buyer, F/Advance Capital, in the transaction. The deal was concluded on November 20, 2024, highlighting the active market presence in West Palm Beach for multifamily assets.