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Here are South Florida’s largest multifamily sales of 2020
Top sale was $180M
3333 South Port Royale Drive in Fort Lauderdale
Loosened requirements on business closures may have helped keep more Floridians employed, and thus paying their rent, but the pandemic may have hurt top sales in the multifamily market.
The top South Florida multifamily sale of 2020 didn’t beat 2019’s $322 million sale, but it did best 2018’s $149 million top sale. And South Florida’s top five sales did see a higher average price per unit than last year’s top five $299,000, compared to $275,000.