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Marcus & Millichap Brokers Sell Fort Walton Beach Multifamily For $16.85M

1861 Stella Lane
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This MultiFamily property located in FL was sold for $16,850,000 about 3 years ago. The brokers of the deal were Duane Anderson, Ned Roberts, Jason Hague, and Adam Podbelski

The multifamily property located at 1861 Stella Lane in Fort Walton Beach has been sold for a total price of $16,850,000. The transaction took place on January 14, 2021. The property consists of 108 units, with each unit priced at approximately $156,019.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $16,850,000
  • Address: 1861 Stella Lane
  • Market: Fort Walton Beach

The brokers involved in this deal were Duane C. Anderson, Jason Hague, Ned Roberts, and Adam Podbelski from Marcus & Millichap.

Adam Podbelski, Ned Roberts, and Duane C. Anderson were the individuals responsible for the transaction. They successfully facilitated the sale of the multifamily property at 1861 Stella Lane in Fort Walton Beach. The involvement of Marcus & Millichap as the brokerage firm further contributed to the smooth execution of the deal.

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Deals
  • Location
    1861 Stella Lane, Fort Walton Beach, FL, USA1861 Stella Lane, Fort Walton Beach, FL, USA
  • Sale Price
    $16,850,000$16,850,000
    $1,460 PPSF$1,460 PPSF
  • Area
    11,536 SF11,536 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Duane Anderson

Duane Anderson

Deals9
Sold$68.2M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Adam Podbelski, Ned Roberts, & Duane C. Anderson DATE: 01/14/2021 ADDRESS: 1861 Stella Lane MARKET: Fort Walton Beach ASSET TYPE: Multifamily BROKERS: Duane C. Anderson, Jason Hague, Ned Roberts, & Adam Podbelski - Marcus & Millichap PRICE: $16,850,000 UNITS: 108 ~ PPU: $156,019

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1861 Stella Lane

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