Alexis Shapiro Represents Seller In $2.5M Sale Of M Villas Multifamily In Lake Worth Beach

The asset involved in this transaction is M Villas, a multifamily property located at 401 6th Avenue North in Lake Worth Beach, Florida. This fully renovated short-term rental property comprises 10 units, with a sale price of $2,500,000, translating to a price per unit of $250,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,500,000
• Units: 10
• Price per Unit: $250,000
• Broker: Alexis Shapiro
• Market: Lake Worth Beach

Alexis Shapiro represented the seller in this transaction, highlighting the increasing interest in boutique hospitality investments and the evolving nature of South Florida's tourism market. The strategic location of Lake Worth Beach positions it favorably between West Palm Beach and Delray Beach, contributing to its appeal for investment opportunities.