AG Essential Housing Multi State 1 LLC Acquires 13.2 Acre Development Site In Pembroke Pines For $15.9M

A 13.2-acre development site located at 16000 Pines Blvd in Pembroke Pines has been sold for a total of $15,900,000. The property was purchased by AG Essential Housing Multi State 1 LLC from Lennar Homes, with the sale closing on July 2, 2021. The price per acre for this transaction amounts to $1,204,545.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $15,900,000
• Address: 16000 Pines Blvd, Pembroke Pines
• Market: Pembroke Pines

Rick Beckwitt and Stuart Miller played crucial roles as the representatives for Lennar Homes in this deal. They successfully facilitated the sale of the development site to AG Essential Housing Multi State 1 LLC.