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Florida & Gulf Coast  + South Florida  + Apartments  | 
Marcus & Millichap has closed the $5.5 million sale of Bahia Beach, a six-story, 35-unit apartment building in Fort Lauderdale constructed in 1966

Marcus & Millichap Closes $5.5 Million Sale of Ft. Lauderdale Multifamily

Marcus & Millichap has closed the $5.5 million sale of Bahia Beach, a six-story, 35-unit apartment building in Fort Lauderdale constructed in 1966.

“Bahia Beach was one of only a few rental buildings in the submarket,” said Evan Kristol, Marcus & Millichap executive managing director investments. “The property was delivered 100-percent vacant, which provides an excellent opportunity for the new owner.”

Kristol, Brandon Rex, Austin Michels and David Altman in Marcus & Millichap’s Ft. Lauderdale office, had the exclusive listing to market the property. The buyer was a local developer and operator who purchased the multifamily asset from a private investment group.

Bahia Beach is located at 3030 Harbor Drive, one block from Fort Lauderdale Beach. The  17,167-square-foot site is zoned RMH-60, which allows for a 120-foot structure, along with bonuses up to 240 feet. The property is contiguous to the $1 Billion Bahia Mar redevelopment project.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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