16-UNIT APARTMENT BUILDING SELLS FOR $1.2 MILLION

FORT LAUDERDALE, FLA. — The 16-unit Caravelle North Apartments in Fort Lauderdale has sold for $1.2 million. The seller, a private investor from Palm Beach Shores, Fla., and the buyer, a private investor from Hollywood, Fla., were represented by Joseph Thomas of Marcus & Millichap's Fort Lauderdale office.