Prakas & Co, Inc. Acquires Development Site In Deerfield Beach For $10M

Development Site located at 1755 SE 3rd Ct in Deerfield Beach has a sale price of $10,000,000. The building sits on a site with a total square footage of 79,471 and a building square footage of 72,745, resulting in a price per square foot of $126 and a price per building square foot of $137.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,000,000
• Address: 1755 SE 3rd Ct
• Market: Deerfield Beach
• Building Square Footage: 72,745
• Price per Building Square Foot: $137
• Square Footage: 79,471
• Price per Square Foot: $126
• Buyer’s Representative: Athan Prakas & Chas Prakas - Prakas & Co, Inc.
• Seller’s Representative: Sheila Rioux & Julie Berry - CBRE

The deal involved key representatives from both sides, with Athan Prakas and Chas Prakas acting on behalf of the buyer through Prakas & Co, Inc., while Sheila Rioux and Julie Berry represented the seller via CBRE. The transaction was completed on 09/09/2022.