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Keyes Company closes sale on waterfront multi-family in Fort Lauderdale

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Karen and Ross Herman of the Keyes Company have negotiated the sale of a seven-unit waterfront property in Fort Lauderdale, the brokers announced today. The property, which is located at 1400 Bayview Drive, was sold by Bayview Landing for $830,000, an average price of $118,571 per unit. Bayview Landing had paid $725,000 for the property in June 2011. The buyer, Bayview Residences, was represented by Phil Padron of Walnut Street Realty. — Alexander Britell

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