Press Releases
Marcus & Millichap Facilitates $6.4M Sale of Multifamily Property and Single-Family Home in Broward County
April 22, 2024
PEMBROKE PINES, Fla., April 22, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 34-unit multifamily building and neighboring single-family home in Pembroke Pines, Florida. The assets sold for $6,400,000.
Joe Thomas, Adam Marcuvitz, Alec Demetriou, and AJ Stanford, investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, Tango-76 Group, LLC.
The properties at 6840 Pembroke Road and 1871 Southwest 69th Ave. are situated on the west side of Florida’s Turnpike and east of University Drive in Pembroke Pines. They comprise a total of 27,428 square feet on a 1.01-acre lot. Sunshine Garden Apartments offers one- and two-bedroom units, while the neighboring home has three bedrooms. Nearby national retailers include Walgreens, Publix, and Walmart Supercenter. Additionally, Hard Rock Stadium and Seminole Hard Rock Casino are less than five miles away.
Joe Thomas, Adam Marcuvitz, Alec Demetriou, and AJ Stanford, investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, Tango-76 Group, LLC.
The properties at 6840 Pembroke Road and 1871 Southwest 69th Ave. are situated on the west side of Florida’s Turnpike and east of University Drive in Pembroke Pines. They comprise a total of 27,428 square feet on a 1.01-acre lot. Sunshine Garden Apartments offers one- and two-bedroom units, while the neighboring home has three bedrooms. Nearby national retailers include Walgreens, Publix, and Walmart Supercenter. Additionally, Hard Rock Stadium and Seminole Hard Rock Casino are less than five miles away.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
