Dan Ainuz Acquires Development Site In Boca Raton For $2.4M

The development site located at 1505 & 1425 Northeast 4th Avenue in Boca Raton was sold for $2,400,000. The property spans 7,000 square feet, resulting in a price per square foot of $343. The transaction took place on February 21, 2024, with Dan Ainuz of Prospective Group LLC acquiring the property from the seller, Pamella Queiroga.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,400,000
• Address: 1505 & 1425 Northeast 4th Avenue
• Market: Boca Raton
• BSF: 7,000
• PPBSF: $343
• Buyer: Dan Ainuz - Prospective Group LLC
• Seller: Pamella Queiroga

Dan Ainuz of Prospective Group LLC acted as the buyer in this transaction, showing intent in expanding their real estate portfolio with the strategic acquisition of this development site in Boca Raton. On the other side of the deal, Pamella Queiroga took on the role of the seller of the property, facilitating the successful completion of the sale.