FORT LAUDERDALE, FL-A private investor based in Hollywood, Florida, has purchased the Caravelle North Apartments, an apartment building comprising 16 units in Fort Lauderdale, for $1,200,000. A private investor based in Palm Beach Shores was the seller of the building situated immediately west of Federal Highway and north of Commercial Boulevard.
Joseph P. Thomas of Marcus & Millichap Real Estate Investment Services' Fort Lauderdale office negotiated the sale on behalf of both the buyer and the seller.For the full story, go to Florida Real Estate Journal.
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