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Maurice Splain Acquires Office Property From Daniel Miller For $1.53M In Royal Palm Beach

Property Image
SOLD
$1,530,250
Elon Gerberg
Adam H. Klein
Michael Barashick

Florida

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Office3,864 SF
Sold
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Property Image
SOLD

Maurice Splain Acquires Office Property From Daniel Miller For $1.53M In Royal Palm Beach

1402 Royal Palm Beach Boulevard

See Similar Deals
Office3,864 SF
Sold
Elon Gerberg
Adam H. Klein
Michael Barashick
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$396
Total Square Footage:3864 SF
Transaction Type:Sale

The property located at 1402 Royal Palm Beach Boulevard is an office asset in the Royal Palm Beach market, with a sale price of $1,530,250. The property encompasses a total square footage of 3,864, resulting in a price per square foot of $396.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,530,250
  • Address: 1402 Royal Palm Beach Boulevard
  • Market: Royal Palm Beach
  • Square Footage: 3,864
  • Price Per Square Foot: $396
  • Buyer: Maurice Splain
  • Seller: Daniel Miller
  • Seller's Representatives: Michael Barashick, Elon Gerberg, and Adam H. Klein - The ROI Group - SVN Commercial Partners

The ROI Group of SVNCP facilitated this transaction, achieving a record-setting price in the Royal Palm Beach submarket by generating multiple competitive bids over asking price. The deal closed above pricing expectations at approximately $400 per square foot.

Players

Adam H. Klein
Vision Real Estate Advisors
Adam H. Klein
37 deals$126.4M volume(516) 445-3070
BROKER
Elon Gerberg
Elon Gerberg
38 deals$140.8M volume(954) 299-9556
BROKER
Michael Barashick
SVN
Michael Barashick
2 deals$4.5M volume(561) 444-6489
BROKER

Details

SOLD
IMAGE: Adam H. Klein, Michael Barashick & Elon Gerberg DATE: 11/12/2024 ADDRESS: 1402 Royal Palm Beach Boulevard MARKET: Royal Palm Beach ASSET TYPE: Office BUYER: Maurice Splain SELLER: Daniel Miller SELLER'S REP: Michael Barashick (@Michael.Barashick) , Elon Gerberg (@ElonGerbergroi) & Adam H. Klein (@AdamhKlein.RoiGroup) - The ROI Group (@ROIGroupofSVN) - SVN Commercial Partners (@SVN_CommercialPartners) SALE PRICE: $1,530,250 SF: 3,864 ~ PPSF: $396 NOTE FROM BROKER: The ROI Group of SVNCP is pleased to have facilitated this record setting price in this Royal Palm Beach submarket. We generated multiple competitive bids over asking price from qualified buyers. We eventually closed above our pricing expectations around $400/psf. Please call Michael Barashick or Elon Gerberg to discuss this closing in more detail or any of our other exclusive inventory. Michael Barashick 561-226-4301, [email protected] or visit our linktree at linktree.com/roigroupfsvn

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