See how much Boca apartment complex sold for

Villa Oceana in 2008. Palm Beach Post photo

Villa Oceana in 2008. Palm Beach Post photo

The 160-unit Villa Oceana apartment complex in Boca Raton just sold for $51.5 million, brokerage ARA Newmark said Thursday.

Sales prices of the property at 2195 N. Ocean Blvd. have been all over the map in the past decade. The property fetched $56 million in 2006 at the height of the condo conversion boom. Laramar Group of Chicago snapped up the property out of foreclosure in 2008, paying just $30 million.

 

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