With a coveted location just a few blocks from Atlantic Avenue in Palm Beach County, REID purchased this foreclosed property after two years of negotiations. REID handled market research, negotiated purchase terms, performed due diligence, and managed the closing. We also managed the remaining construction, which had stalled at 95% complete. The residential units were fully rented within six months of opening and have continued to maintain full occupancy. REID continues to provide leasing and property management.
- Located in Delray Beach, Florida in Palm Beach County
- Located a few blocks from Atlantic Avenue
- 47 residential and 6 commercial units
- 92,290 Total Square Feet
Location: Delray Beach, FL