Rene Perez Of Florida Realty Of Miami Represents Buyer In $2.575M Multifamily Sale In North Palm Beach

The property asset involved in this transaction is located at 755 Hummingbird Way in North Palm Beach. This multifamily property consists of 8 units, totaling 8,000 square feet, with a price per unit of $321,875 and a price per square foot of $321. The property was sold for a total of $2,575,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,575,000
• Units: 8
• Price Per Unit: $321,875
• Square Footage: 8,000
• Price Per Square Foot: $321
• Buyer's Representative: Rene Perez - Florida Realty of Miami
• Seller's Representative: Daniel Ekerold - Premier Estate Properties
• Date of Transaction: 4/22/2025

Rene Perez of Florida Realty of Miami represented the buyer, while Daniel Ekerold of Premier Estate Properties represented the seller in the transaction. The broker noted an extensive search across the tri-county area before securing the ideal multi-family property that met the client's requirements, including location and long-term upside.