Mikhail Avrutin Acquires SFR In Boca Raton For $5.5M

444 East Alexander Palm Road in Boca Raton has been sold for $5,500,000. This single-family residential property spans 5,248 square feet and was purchased by Mikhail Avrutin, the owner of Baltic Hotel Group, from Mehrdad Fallah and Mahnaz Zahedi. The sale was facilitated by Jackie Feldman of Premier Estate Properties.

Summary of transaction details

• Property Type: Single-Family Residential (SFR)
• Transaction Amount: $5,500,000
• Address: 444 East Alexander Palm Road, Boca Raton
• Square Footage: 5,248
• Price per Square Foot: $1,048
• Buyer: Mikhail Avrutin - Baltic Hotel Group
• Seller: Mehrdad Fallah - Moghaddam & Mahnaz Zahedi
• Broker: Jackie Feldman - Premier Estate Properties
• Market: Boca Raton

Mikhail Avrutin, the owner of Baltic Hotel Group, made the purchase of 444 East Alexander Palm Road. The property was sold by Mehrdad Fallah and Mahnaz Zahedi. The transaction was facilitated by Jackie Feldman, a representative from Premier Estate Properties. This sale demonstrates the strong demand for residential properties in Boca Raton's market.