Compass Commercial Represents Buyer In $15M MultiFamily Acquisition In Tequesta

On November 10, 2023, a multifamily property located at 3770 Southeast County Line Road in Tequesta was sold for a total price of $15,000,000. The property consists of 16 units with a price per unit (PPU) of $937,500. It spans across a total area of 32,302 square feet, resulting in a price per square foot (PPSF) of $464.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $15,000,000
• Units: 16
• Price per Unit (PPU): $937,500
• Square Footage (SF): 32,302
• Price per Square Foot (PPSF): $464
• Market: Tequesta
• Buyer's Representative: Brooke Audette - Compass Commercial
• Seller's Representative: Sean Mooney - Coldwell Banker Premium Realty
• Mortgage Broker: Joseph Hach

The sale of this property was facilitated by Brooke Audette of Compass Commercial, who represented the buyer, and Sean Mooney of Coldwell Banker Premium Realty, who represented the seller. Additionally, Joseph Hach served as the mortgage broker for the transaction.