Florida

LAKE WORTH, FLA. — Marcus & Millichap arranged the $2.9 million sale of a Lucerne Apartments, a 14-unit apartment property located in Lake Worth. Daniel Cunningham, Evan Richardson, River Rhoads and Dillon Majeski of Marcus & Millichap’s Fort Lauderdale office marketed the property on behalf of the seller, private investor, and secured the buyer, a New York-based private investor. Steve Goldwyn and David Purisch of Marcus & Millichap Capital Corp.’s Fort Lauderdale office arranged $2 million in acquisition financing. The property was built in 1974.

JACKSONVILLE, FLA. — American Landmark Apartments has acquired The Wimberly at Deerwood, a 322-unit property in the Deerwood neighborhood of Jacksonville. The community was built in 2000 and offers one-, two- and three-bedroom floor plans. American Landmark plans to renovate all units with granite countertops, new kitchen backsplashes, new cabinet faces, smart technology and new plumbing and lighting fixtures. American Landmark will also upgrade the community’s clubhouse, fitness center, and pool, as well as add EV charging stations and package lockers. Exterior renovations will include upgraded roofs, landscaping and exterior …

PORT RICHEY, FLA. — Southeast Property Group has acquired an 80-unit property at 9920 Grace Dr. in Port Richey, a city in Pasco County, Florida. The new owner plans to renovate the community with updates to unit interiors, expansions of on-site amenities and common areas and overall beautification of the exterior curb appeal. The asset will be rebranded as Coral Key Apartments. According to Apartments.com, units come in two-bedroom floor plans.