Broward County Purchases 4.5 Acre Development Site In Dania Beach For $15.75M From Scott Daiagi
2150 Northeast 7th Avenue
$15,750,000
Building Size
—
Asset Type
Development Site
Closing
Apr 6, 2026
AI
The transaction involves a development site located at 2150 Northeast 7th Avenue in Dania Beach, consisting of 4.5 acres. The property is being sold for $15,750,000. This acquisition is intended to support operations at Port Everglades.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $15,750,000
- Address: 2150 Northeast 7th Avenue
- Market: Dania Beach
- Acres: 4.5
- Buyer: Broward County
- Seller: Scott Daiagi - 2150 NE 7th Ave LLC
The buyer, Broward County, is acquiring the property from Scott Daiagi's 2150 NE 7th Ave LLC. This purchase aims to provide additional land for growth and infrastructure projects as Port Everglades plans significant capital improvements exceeding $3 billion.
Players
Hull Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93