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ORLANDO-Hendricks & Partners has negotiated the sale of two multifamily properties in Palm Beach County and Tallahassee for a total amount of $3.175 million.

Jeffrey Eder, a South Florida investor, has bought a 2.85-acre multifamily site situated on the Intracoastal Waterway in Ocean Ridge, Palm Beach County from Capstone Realty for $1.2 million. 1560 High Road, LLC has purchased the Star Suites on High, a 35-unit student apartment complex, at 1560 High Rd. in Tallahassee from J.E. Robert Companies for $1,975,000. For the full story, go to Florida Real Estate Journal.

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