SOLD
IMC Equity Group Acquires Multifamily Property In Marathon For $12.5M
8700 Overseas Highway
MultiFamily
35,000 SF
35,000 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
35,000 sqft
The multifamily property located at 8700 Overseas Hwy in Marathon has been sold for a total price of $12,500,000. The property consists of 46 units, with an average price per unit of $271,739. The total square footage of the property is 35,000, resulting in a price per square foot of $357.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,500,000
- Units: 46
- Price per Unit: $271,739
- Total Square Footage: 35,000
- Price per Square Foot: $357
- Market: Marathon
The buyer of the property is IMC Equity Group, while the seller is Index Investment Group. Representing the buyer is Miri Brecher, and representing the seller is Jill Douglas from Coldwell Banker Realty.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Miri Brecher & Jill Douglas
DATE: 12/15/2021
ADDRESS: 8700 Overseas Hwy
MARKET: Marathon
ASSET TYPE: Multifamily
BUYER: IMC Equity Group
SELLER: Index Investment Group
BUYER'S REP: Miri Brecher (@MiamiBeachSunshine)
SELLER'S REP: Jill Douglas (@Off_Market_Property) - Coldwell Banker Realty
SALE PRICE: $12,500,000
UNITS: 46 ~ PPU: $271,739
SF: 35,000 ~ PPSF: $357View on map
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Address8700 Overseas Highway
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