A development site located at 2005 S Federal Highway in Fort Lauderdale has been sold for a transaction amount of $5,850,000. The property covers an area of 41,741 square feet, valuing it at approximately $140 per square foot.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $5,850,000
• Address: 2005 S Federal Highway
• Market: Fort Lauderdale
• Square Footage: 41,741
• Price Per Square Foot: $140
• Buyer: Joe Levy
• Seller: Remilard Family
• Buyer's Representative: Bryan Cohen - Land 4 You Real Estate
• Seller's Representatives: Bradley Arendt, Jonathan Papeika, Mika Mattingly & Cecilia Estevez - Colliers

The Colliers Urban Core Team was responsible for representing the seller, the Remilard Family, in this transaction. To explore off-market opportunities or discuss property value, interested parties can contact Jonathan Papeika via email.