Alexander Herzog Acquires Multifamily Property From Anthony D. Dyett In West Palm Beach For $2.05M

A 16-unit multifamily property located at 537 18th Street in West Palm Beach was sold for $2,050,000. The property encompasses a total of 9,120 square feet, resulting in a price per square foot of approximately $225. The price per unit is recorded at $128,125.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,050,000
• Address: 537 18th Street
• Market: West Palm Beach
• Units: 16
• Square Footage: 9,120
• Price Per Unit: $128,125
• Price Per Square Foot: $225
• Buyer: Alexander Herzog
• Seller: Anthony D. Dyett
• Broker: Joseph Thomas - Marcus & Millichap

The transaction was facilitated by Joseph Thomas, representing Marcus & Millichap, underscoring the involvement of experienced brokers in the multifamily real estate market. Alexander Herzog and Anthony D. Dyett participated in the transaction as buyer and seller, respectively, completing this multifamily deal successfully.