Pinebrook Pointe Update 12/14/23

Apartment Complex in Margate, Florida Acquired for $93 Million

 

 

South Florida based Bar Invest Group has acquired Pinebrook Point, a 394-unit apartment community in Margate, Florida, for $93 million. The property was acquired from LivCor, a subsidiary of Blackstone. Pinebrook Pointe offers one- and two-bedroom apartments ranging from 860-1,320 square feet. Community amenities at the pet-friendly community include two Olympic-size pools, lighted tennis courts, clubhouse, and fitness center. The 33-acre site is adjacent to the Carolina Club Golf Course. The community is minutes from the Lakewood Mall, Northwest Medical Center, Broward County Public Schools, and many other attractions. The location along FL-834 provides easy access to travel to Fort Lauderdale, Boca Raton, and Pompano Beach.

Photo: Bar Invest Group

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