Heights Advisors & Legacy Partners Acquire Development Site In Fort Lauderdale For $6.7M

111 Southwest 3rd Avenue, Fort Lauderdale, FL, USA

$6,700,000

$705/SF

Building Size

9,500 SF

Asset Type

Development Site

Closing

Nov 17, 2021

AI

The development site located at 111 Southwest Third Avenue in Fort Lauderdale has been sold in a transaction. The property spans approximately 1 acre and was acquired by Heights Advisors & Legacy Partners. The seller of the property was GB Property Management. The sale price for the transaction amounted to $6,700,000.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $6,700,000
Address: 111 Southwest Third Avenue, Fort Lauderdale
Market: Fort Lauderdale
Buyer: Heights Advisors & Legacy Partners
Seller: GB Property Management
Brokers: Bradley Arendt & Mika Mattingly - Colliers
Acres: 1

The deal was facilitated by Bradley Arendt and Mika Mattingly from Colliers, who served as the brokers representing the buyer and seller, respectively.

Players