701 NW 53rd St., Boca Raton
701 NW 53rd St., Boca Raton (Melanie Bell)

Address: 701 NW 53rd St., Boca Raton

Property type: Guest Suites of Boca Raton, a 177-room, 86,138-square-foot hotel built in 1989 on about 5 acres

Price: $9.25 million or about $52,260 per key

Seller: Maria M. Yip, bankruptcy trustee for SHUBH Hotels Boca LLC

Buyer: Boca Hotel Suites LLC, linked to Benjamin Mallah of Largo-based Equity Management Partners Inc.

Past sale: $7 million in April 2002