Key International & 13th FL Investments Acquire Development Site In Coral Springs For $8M

The development site located at 3451 North University Drive in Coral Springs has been sold for $8,000,000. The property spans 182,952 square feet and has a price per square foot of $44. It consists of 377 units, with a price per unit of $21,220. Additionally, there is a retail space measuring 11,525 square feet.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $8,000,000
• Address: 3451 North University Drive
• Market: Coral Springs
• Square Footage: 182,952
• Price per Square Foot: $44
• Units: 377
• Price per Unit: $21,220
• Retail Space: 11,525 square feet

The buyers of the property are Key International and 13th FL Investments, represented by Inigo Ardid, Martin Aranzabe, and Michael Vassilaros. The seller in this transaction is Publix. The buyer's representative, Roberto Susi from Axiom Capital Advisors, facilitated the deal.

Note from the buyer's representative: We specialize in sourcing and facilitating off-market transactions with brokers and property owners continuously trusting us to deliver. Brokers - submit your deals to us and together we will make it happen (you can keep your brokerage fee all to yourself). Please contact me at [email protected].