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Florida & Gulf Coast   /   February 16, 2021

David Cohen
By: David Cohen

Franklin Street Arranges $11M Sale of Fort Lauderdale MF Property

Franklin Street has arranged the $11 million sale of Camelot West Apartments, a multifamily property in the Wilton Manors submarket of Fort Lauderdale.

Located at 2625-2674 N. Andrews Ave., the property is nearby the popular Wilton Drive and Downtown Wilton Manors as well as downtown Fort Lauderdale and Fort Lauderdale Beach. The property was 96% occupied at the time of sale.

Dan Dratch, Ryan Wold, Greg Matus, and Travis Jones of Franklin Street represented the seller, South Florida-based Tamuz Real Estate, in the transaction. The buyer was Wilton Pointe Apartments LLC, a local private investor. The buyer plans to continue the beautification of the asset and capitalizing on its position within one of the strongest rental markets in South Florida.

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David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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