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Dev Motwani Acquires Development Site In Fort Lauderdale For $6.4M

Property Image
SOLD
$6,400,000
Kaley Tuning
Dev Motwani
Jaime Sturgis
+ 1

Florida

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Development Site22,500 SF
Sold 08/29/2022
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Property Image
SOLD

Dev Motwani Acquires Development Site In Fort Lauderdale For $6.4M

407 North Andrews Avenue, Fort Lauderdale, Florida 33301, United States

See Similar Deals
Development Site22,500 SF
Sold 08/29/2022
Kaley Tuning
Dev Motwani
Jaime Sturgis
+ 1
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$284
Total Square Footage:22,500 SF
Transaction Type:Sale

A development site located at 407 N Andrews Ave in Fort Lauderdale has been sold for a total price of $6,400,000. The property spans across 22,500 square feet and has a price per square foot of $284. The buyer of the site is Dev Motwani, while Alan Hooper and Aida Jaen are the sellers. The transaction was facilitated by brokers Jaime Sturgis and Kaley Tuning from Native Realty.

Summary of transation details

  • Asset Type: Development Site
  • Date: 08/29/2022
  • Market: Fort Lauderdale
  • Buyer: Dev Motwani
  • Seller: Alan Hooper & Aida Jaen
  • BROKERS: Jaime Sturgis & Kaley Tuning - Native Realty

The development site sale at 407 N Andrews Ave was successfully completed with the help of brokers Jaime Sturgis and Kaley Tuning from Native Realty. Their expertise in the Fort Lauderdale market played a crucial role in connecting the buyer, Dev Motwani, with the sellers, Alan Hooper and Aida Jaen.

Players

Jaime Sturgis
Native Realty
Jaime Sturgis
47 deals$234.1M volume
BROKER
Dev Motwani
Dev Motwani
9 deals$376.8M volume(321) 395-3110
BROKER
Kaley Tuning
Native Realty
Kaley Tuning
9 deals$18.2M volume
BROKER
Alan C Hooper
Alan C Hooper
6 deals$133.9M volume
SELLER

Details

SOLD
IMAGE: Jaime Sturgis & Kaley Tuning DATE: 08/29/2022 ADDRESS: 407 N Andrews Ave MARKET: Fort Lauderdale ASSET TYPE: Development Site BUYER: Dev Motwani SELLER: Alan Hooper & Aida Jaen BROKERS: Jaime Sturgis (@JaimeSturgis) & Kaley Tuning (@KaleyTuning) - Native Realty (@NativeRealty) SALE PRICE: $6,400,000 BSF: 396,757 ~ PPBSF: $16 SF: 22,500 ~ PPSF: $284

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