Hanover Co. Acquires Development Site In Fort Lauderdale For $20M

An acre of prime development land located at 477 SW First Ave in Fort Lauderdale has been sold for $20,000,000. The property offers great potential for future development with its spacious 1.54-acre size. This sale transaction took place on 03/14/2022.

Summary of transaction details

• Property Type: Development Site
• Sale Price: $20,000,000
• Address: 477 SW First Ave
• Market: Fort Lauderdale
• Acres: 1.54

The buyer in this transaction is Hanover Co., represented by Brandt Bowden. With their expertise and vision, Hanover Co. sees the potential in this development site and aims to capitalize on the immense opportunities it offers. The purchase of this property marks a significant move for Hanover Co. as they expand their real estate portfolio in Fort Lauderdale.