Landstar Development Group Acquires 857 Acres Of Land In Palm Beach Gardens For $56.7M

A land parcel spanning 857 acres located at the intersection of Northlake Boulevard and Avenir Drive in Palm Beach Gardens has been sold. The sale took place on January 23, 2023, for a total price of $56,700,000. The property, represented by David Serviansky, was purchased by Landstar Development Group and Avenir Holdings.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $56,700,000
• Address: Northlake Boulevard & Avenir Drive, Palm Beach Gardens
• Market: Palm Beach Gardens
• Acres: 857

David Serviansky, in representation of Landstar Development Group, played a pivotal role in the acquisition of this expansive land parcel. Collaborating with Avenir Holdings, the buyers closed the deal, marking an important transaction in the Palm Beach Gardens market.