Business development director sells 3BD in Hollywood

Medium c8edd6bc9aa97808986840c7bd6be53f Katarina Markovic and Philip Patete sold a three-bedroom, three-bath condo at 3101 S. Ocean Dr. in Hollywood to Punta Real Estate LLC for $800,000 on Sept. 8.

Markovic and Patete bought Unit #3102 for $1 million in March 2006. The 2,308-square-foot unit is part of the Ocean Palms development has 250 units on 38 levels. It was built in 2006 in the Hollywood East neighborhood.

Ms. Markovic has served as director of business development at LKS Capital LLC in Miami. She was vice president of investor relations at Epsilon Investment Management and she worked for Merrill Lynch as a senior financial advisor.

She attended the American University of Paris, Fordham University, and the Rollins College-Crummer Graduate School of Business.

Mr. Patete is a principal and manager of Internet Travel Log LLC in Hollywood.

According to, there were 2,844 sales in Hollywood in 2008, with a median sales price of $135,000.