Richard Zahn Acquires Development Site In Fort Lauderdale For $9.42M

A development site located at 4 NW 7th St in Fort Lauderdale has been sold for a total of $9,420,000. The property spans a total area of 56,800 square feet and has a price per square foot of $166. The transaction took place on October 11, 2022, and was facilitated by Jaime Sturgis and Dan Ross from Native Realty, who represented the seller, Joshua Levy.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $9,420,000
• Address: 4 NW 7th St, Fort Lauderdale
• Market: Fort Lauderdale
• Buyer: Richard Zahn
• Seller: Joshua Levy
• Seller's Representative: Jaime Sturgis and Dan Ross - Native Realty
• BSF (Building Square Footage): 322,892
• Price per BSF: $29
• SF (Site Area): 56,800
• Price per SF: $166

Richard Zahn was the buyer in this transaction. The sale was completed with the representation of the seller by Jaime Sturgis and Dan Ross of Native Realty. They successfully negotiated the deal to achieve the final sale price of $9,420,000.