Shahrooz Namazi Acquires Multifamily Property In Pompano Beach For $1.97M

A multifamily property located at 681, 671, 701 & 711 SW 9th Court in Pompano Beach has been sold for a total price of $1,968,000. The transaction took place on 10/21/2022. The property consists of 12 units with a total square footage of 9,504. The price per unit is $164,000, and the price per square foot is $207. The buyer of the property is Shahrooz Namazi, while the seller is Ilya Belov. Nelson Ilceus from Colliers represented both parties as the broker in this deal.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,968,000
• Units: 12
• Price Per Unit (PPU): $164,000
• Square Footage (SF): 9,504
• Price Per Square Foot (PPSF): $207
• Market: Pompano Beach

This transaction showcases the successful collaboration between the buyer, Shahrooz Namazi, and the seller, Ilya Belov. Nelson Ilceus from Colliers played a crucial role as the broker, representing both parties and ensuring a smooth transaction process.