HQ Realty International Group Acquires Development Site In Pinecrest For $1.5M

A development site located at 11055 Killian Park Rd in Pinecrest, was recently sold in a transaction facilitated by Matias Derito Conway from HQ Realty International Group LLC representing the buyer and Eli Faitelson, Chad Carroll, & Matthew Dugow from The Carroll Group representing the seller. The property was listed with an asking price of $1,950,000 and was ultimately sold for $1,500,000. It spans approximately 38,765 square feet, resulting in a price per square foot of $38.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,500,000
• Address: 11055 Killian Park Rd
• Market: Pinecrest

The deal was closed on 05/27/2021, with Matias Derito Conway representing the buyer and Eli Faitelson, Chad Carroll, & Matthew Dugow representing the seller. Matias Derito Conway is affiliated with HQ Realty International Group LLC, while Eli Faitelson, Chad Carroll, & Matthew Dugow work for Compass FL. The transaction signifies the successful sale of a development site in Pinecrest, with the property being sold below its initial asking price. The buyer was able to acquire the property at a favorable price per square foot, making it a potentially lucrative investment.