![](https://www.equity.net/wp-content/uploads/2021/11/Poinciana-Retail-Property-Sold-for-5.3-Million_Anthony-1.jpg)
![](https://www.equity.net/wp-content/themes/equity/img/smallarrowdown.png)
Equity Florida Advisor Recognized For a 5.3 Million Investment Sale
November 9, 2021
![](https://www.equity.net/wp-content/themes/equity/img/smallarrowup.png)
![](https://www.equity.net/wp-content/uploads/2021/11/Poinciana-Retail-Property-Sold-for-5.3-Million_Anthony-1-1024x773.jpg)
A Pennsylvania-based individual investor acquired a portion of the Shoppes of Poinciana
at 4630-4650 Old Pleasant Hill Road in Poinciana, Florida, from a local owner for over
$5.33 million, or about $423 per square foot.
The 12,600-square-foot, multi-tenant retail strip is home to Verizon Wireless, Mattress
Firm and several inline tenants. The investment sale closed at a 6.51% capitalization
rate.
Anthony Bernabe with Equity LLC represented the seller and was the sole broker on the
sale.
Please see CoStar COMPS #5722375 for more information on this transaction.