Hotels Of Pompano Beach Acquires Development Site In Pompano Beach For $4.1M

A development site located at 599 N Federal Hwy in Pompano Beach has been sold for a price of $4,100,000. The property spans 48,379 square feet and has a price per square foot of $85. The transaction took place on 11/16/2022.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $4,100,000
• Address: 599 N Federal Hwy, Pompano Beach
• Market: Pompano Beach
• Buyer: Hotels of Pompano Beach - Neal Patel
• Seller: Macmillan Real Estate - Danny Alonso
• Brokers: Ivo Tsinev & Jorge Alvarino - Horizon Properties of Miami

The buyer in this transaction is Hotels of Pompano Beach, represented by Neal Patel. The seller is Macmillan Real Estate, represented by Danny Alonso. The brokers involved in the deal are Ivo Tsinev and Jorge Alvarino from Horizon Properties of Miami.

NOTE FROM @IvayloTsinev: We specialize in retail sales, multifamily/hotel/self-storage development sites. We have on and off-market deals. Call us with all your property needs.