Palm Point Paradise Acquires Development Site In Hallandale Beach For $4.75M | 501 Palm Drive | Alan Chocron | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

43,160 sqft

Alan Chocron of Compass Real Estate facilitated the sale of a development site located at 501 Palm Dr in Hallandale Beach. The property spans 43,160 square feet and was sold for a price of $4,750,000, resulting in a price per square foot of $110.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $4,750,000
Address: 501 Palm Dr
Market: Hallandale Beach
Buyer: Palm Point Paradise
Seller: Angel Holding
Broker: Alan Chocron - Compass Real Estate

In addition to the sale, Alan Chocron of Compass Real Estate has plans to develop three brand new waterfront homes on the property.

Players

All
2

Agents
1
Agencies
1

Alan Chocron

Luxury Real Estate Advisor

$84.6M Sold

Compass

Details

Deal Summary

SOLD

IMAGE: Alan Chocron DATE: 05/14/2021 ADDRESS: 501 Palm Dr MARKET: Hallandale Beach ASSET TYPE: Development Site BUYER: Palm Point Paradise SELLER: Angel Holding BROKER: Alan Chocron @Alan_Chocron - Compass Real Estate SALE PRICE: $4,750,000 SF: 43,160 ~ PPSF: $110 NOTE: CHOCRON DEVELOPMENT SITE, 3 Brand New Waterfront homes coming soon!

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Address501 Palm Drive

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