The sale of a development site in Venice has been finalized at a price of $3,150,000. The property, located at 305 Rose Avenue, offers a total square footage of 6,481. The transaction took place on August 6, 2021.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $3,150,000
• Address: 305 Rose Avenue, Venice
• Market: Venice
• Buyer: Max Zeff
• Seller: BLT Enterprises
• Brokers: Brad McCoy, Conor Halloran & David Wilson
• Asking Price: $3,500,000
• BSF: 6,481
• PPBSF: $486

The deal involved multiple brokers, including Brad McCoy, Conor Halloran, and David Wilson. Max Zeff acted as the buyer, while BLT Enterprises served as the seller. The property, a development site, attracted significant interest both in terms of its location in Venice and its asking price of $3,500,000. The transaction closed with a final sale price of $3,150,000, reflecting a PPBSF (price per buildable square foot) of $486.