search

The Real Deal Logo

Trending

Brookfield’s deal to sell 777 Tower in Downtown LA collapsesBrookfield’s deal to sell 777 Tower in Downtown LA collapsesGlossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouseDevelopers have a new tax break. Now they must figure it outDevelopers have a new tax break. Now they must figure it outHousing deal finally passes; here are the detailsHousing deal finally passes; here are the details
South Florida

Waterfront Boynton Beach units up for sale

Peninsula on the Intracoastal and Mark Pordes
Peninsula on the Intracoastal and Mark Pordes

The new owners of Peninsula on the Intracoastal are about to put 70 residential units at the Boynton Beach building up for sale.

Sign Up for the undefined Newsletter

Peninsula Boynton Property, a partnership between Pordes Residential Sales and Marketing CEO Mark Pordes and Coral Gables-based Rene Brillembourg, are ready to test the market for the Peninsula units it acquired last month, South Florida Business Journal reported. The first wave of units are expected to be released to the public next month. Peninsula Boynton paid $21.5 million for the 2649 North Federal Highway property.

Peninsula was completed in 2010 and operated as a rental building until last month’s sale. The new owners plan to market Peninsula’s 40 condos starting at $540,000 and townhomes starting at $390,000. [South Florida Business Journal] — Eric Kalis

Tags
Boynton BeachMark Pordes