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

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SOLD
$9,420,000

Florida

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Development Site56,800 SF
Sold 10/11/2022
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Property Image
SOLD

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

4 Northwest 7th Street

See Similar Deals
Development Site56,800 SF
Sold 10/11/2022
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$165
Total Square Footage:56,800 SF
Transaction Type:Sale

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.

Players

Jaime Sturgis
47 deals$234.1M volume
BROKER

Dan Ross
Native Realty
9 deals$45.5M volume
BROKER

Details

SOLD
IMAGE: Jaime Sturgis & Dan Ross DATE: 10/11/2022 ADDRESS: 4 NW 7th St MARKET: Fort Lauderdale ASSET TYPE: Development Site BUYER: Richard Zahn SELLER: Joshua Levy SELLER'S REP: Jaime Sturgis (@JaimeSturgis) & Dan Ross (@OnlyDanRoss) - Native Realty (@NativeRealty) SALE PRICE: $9,420,000 BSF: 322,892 ~ PPBSF: $29 SF: 56,800 ~ PPSF: $166

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