SOLD
Coastland Residential Acquires Development Site In Sweetwater From Procacci Development Corp For $38M
1556 Northwest 110th Avenue
Development Site
343,529 SF
343,529 SF
Sold 268 days ago
Summary
Sale
FLORIDA
Development Site
343,529 sqft
A development site located at 1556 Northwest 110th Avenue in Sweetwater has been sold for $38,000,000. The property spans 343,529 square feet and has a price per square foot of $111. This transaction involved 690 units, resulting in a price per unit of $55,072.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $38,000,000
- Address: 1556 Northwest 110th Avenue, Sweetwater
- Market: Sweetwater
The buyer of the property is Coastland Residential, while the seller is Procacci Development Corp. The deal was facilitated by brokers Brian de la Fe, David Duckworth, John Crotty, Michael Fay, and Wayne Schuchts, who are representatives from Avison Young.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Michael Fay, Brian de la Fe, David Duckworth, John Crotty & Wayne Schuchts
DATE: 08/07/2023
ADDRESS: 1556 Northwest 110th Avenue
MARKET: Sweetwater
ASSET TYPE: Development Site
BUYER: Coastland Residential
SELLER: Procacci Development Corp
BROKERS: Brian de la Fe (@BCdelaFe), David Duckworth , John Crotty (@JohnkCrotty), Michael Fay (@MichaelTFay) & Wayne Schuchts - Avison Young (@Avison_Young_Global)
SALE PRICE: $38,000,000
UNITS: 690 ~ PPU: $55,072
SF: 343,529 ~ PPSF: $111View on map
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Address1556 Northwest 110th Avenue
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