M&M marks $3M sale of The Mediterranean

HOLLYWOOD - Marcus & Millichap Real Estate Investment Services announced the sale of The Mediterranean at Young Circle, a five-story, 24-unit apartment property in Hollywood.

The asset commanded a sales price of $3,100,000 representing $129,167 per unit.

Senior Vice President Investments Evan Kristol and First Vice President Investments Still Hunter III of the Fort Lauderdale office represented the seller of the property, a limited liability company from West Palm Beach. Associate Elliot Shainberg of Marcus & Millichap’s Miami office represented the buyer, a limited liability company from Dania Beach.

The Mediterranean at Young Circle is at 1800 Jackson St. in Hollywood.