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1556 Northwest 110th Avenue
SOLD

Coastland Residential Acquires Development Site In Sweetwater From Procacci Development Corp For $38M

1556 Northwest 110th Avenue

Development Site
343,529 SF
clock iconSold 340 days ago
Michael Fay
John Crotty
David Duckworth
+ 3
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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

Michael Fay's profile picture
Michael Fay
Avison Young-image
Principal, Managing Director
$1.1B Sold
John Crotty's profile picture
David Duckworth's profile picture
Brian de la Fe's profile picture
Wayne Schuchts's profile picture

Details

Deal Summary
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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: $111

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Address1556 Northwest 110th Avenue

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