Anthony Cohen, Reed Melillo, And Mike James Acquire Palm Coast Office Building For $11.3M

The office property located at 57 Town Ct in Palm Coast was recently sold for a total price of $11,297,286. Spanning a total area of 27,310 square feet, the property was sold at a rate of $414 per square foot. The transaction took place on January 27, 2021, and the property boasted a cap rate of 7.14%.

Summary of Transaction Details:

• Property Type: Office
• Transaction Amount: $11,297,286
• Address: 57 Town Ct, Palm Coast
• Market: Palm Coast
• Square Footage: 27,310
• Price per Square Foot: $414
• Cap Rate: 7.14%

The brokers involved in the transaction included Anthony Cohen, Reed Melillo, and Mike James. Brad Kraus and Jorge Gomez acted as the mortgage brokers. All these individuals played a crucial role in facilitating the sale of the office property at 57 Town Ct.