The Real Deal Miami

Fort Lauderdale apartment building sells for $9.2M

November 06, 2013 02:00PM


Harbour Pointe Villas and Docks

A group of private investors from Belgium paid $9.2 million for a Fort Lauderdale apartment building.

Harbour Pointe Villas and Docks, a 34-unit luxury apartment building with six boat slips, sold for about $271,000 per square foot. The seller is Encino, Calif.-based HAP I. The sale of the 2201 Southeast 18th Street building was announced today by Marcus & Millichap Real Estate Investment Services. The written announcement did not identify the Belgian investors.

Marcus & Millichap’s Evan Kristol, Still Hunter and Joseph Thomas represented HAP I in the sale. The three agents and investment specialist Adam Duncan represented the buyers. – Eric Kalis