The Coloney Group Facilitates $12.6M Property Sales In Fort Lauderdale

The Coloney Group at The Keyes Company facilitated property sales in Fort Lauderdale, with deals totaling $12.6 million. One of the transactions included the sale of a development site located at 1108-1132 North Victoria Park Road & 16th Avenue in the sought-after Victoria Park neighborhood. The property spans approximately 114,200 square feet and was sold for $12,600,000, resulting in a price per square foot of $110.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $12,600,000
• Square Footage: 114,200
• Address: 1108-1132 North Victoria Park Road & 16th Avenue
• Market: Fort Lauderdale

The buyers in this deal were Progresso Victoria LLC, Progresso LLC, and Regency Development Group LLC. On the seller's side, Victoria Park Road Investments LLC and Mazal Investments 16 LLC were involved. The brokers who represented the buyers and sellers were George Coloney, Lauren Coloney, and Niki Falck, all part of The Coloney Group at The Keyes Company.

Note: The transactions facilitated by The Coloney Group also included the sale of vacant land for townhome development and the renovation of a 27-unit apartment complex for Airbnb use in the Victoria Park neighborhood.