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Neatness counts and in the case of the 10-year-old, 376-unit Caribbean Isle apartment complex, the property’s mint condition paid off in a $17.6 million sale price for the owner, Caribbean Isle Investors Inc.

SIMA Corp. and D.E.L. Development Corp. jointly bought the 25-building, 306,768-unit asset for $46,809 per unit or $57.37 psf. The asset is on a 25.2-acre site in Melbourne, about 55 miles south of Downtown Orlando.

The Orlando and Atlanta offices of CB Richard Ellis Inc. negotiated for the buyers. RAM Partners represented the seller.

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