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1011-1021 North State Road 7
SOLD

Geneva Group Acquires Medical Office In Royal Palm Beach For $15M

1011-1021 North State Road 7

35,200 SF
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Summary

Sale
FLORIDA
35,200 sqft

A medical office property located at 1011-1021 North State Road 7 in Royal Palm Beach has been sold for a price of $15,000,000. The property spans approximately 35,200 square feet, resulting in a price per square foot of $426. The transaction took place on May 27, 2022.

Summary of transation details:

  • Property Type: Medical Office
  • Transaction Amount: $15,000,000
  • Address: 1011-1021 North State Road 7, Royal Palm Beach
  • Market: Royal Palm Beach

The buyer of the property was Geneva Group represented by Jarred Elmar and VM Petro, while the seller was Robert, Patricia, Grant, and Tucker Elliott. The lender involved in the transaction was Southstate Bank.

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Details

Deal Summary
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SOLD
IMAGE: Jarred Elmar DATE: 05/27/2022 ADDRESS: 1011-1021 North State Road 7 MARKET: Royal Palm Beach ASSET TYPE: Medical Office BUYER: Geneva Group (@Geneva_GP) - Jarred Elmar (@Jelmar2000) & VM Petro - Manoj Narang SELLER: Robert, Patricia, Grant & Tucker Elliott LENDER: Southstate Bank SALE PRICE: $15,000,000 SF: 35,200 ~ PPSF: $426

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Address1011-1021 North State Road 7

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