Wellmeaning Investments Acquires Development Site In Fort Lauderdale For $2.4M

The development site located at 1219 & 1239 NE Fourth Ave in Fort Lauderdale has been sold for $2,400,000. The property spans a total of 19,229 square feet and is classified as a development site. The buyer of the property is Wellmeaning Investments, represented by Eduardo Pelaez. The transaction was facilitated by broker Jaime Sturgis from Native Realty.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $2,400,000
• Address: 1219 & 1239 NE Fourth Ave, Fort Lauderdale
• Market: Fort Lauderdale
• Buyer: Wellmeaning Investments
• Seller's Representative: Eduardo Pelaez
• Broker: Jaime Sturgis - Native Realty

This transaction showcases the acquisition of a development site within the Fort Lauderdale market. Wellmeaning Investments, represented by Eduardo Pelaez, purchased the property for a total of $2,400,000. The deal was facilitated by broker Jaime Sturgis from Native Realty. The property, located at 1219 & 1239 NE Fourth Ave, spans 19,229 square feet and presents an opportunity for development in the area.