Shaun Ashkenazy And Daniel Taylor Of Novyx Capital Acquire Development Site In Hallandale Beach For $2.525M

The asset involved in this transaction is a development site located at 637 Oleander Drive, Hallandale Beach. The sale was finalized for a price of $2,525,000, with a building square footage of 6,700 and a price per building square foot of $376. The site encompasses an area of 3,300 square feet with a price per square foot of $765.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,525,000
• Building Square Footage: 6,700
• Price per Building Square Foot: $376
• Site Area: 3,300
• Price per Square Foot: $765
• Buyer: Shaun Ashkenazy & Daniel Taylor - Novyx Capital; Dan Ainuz - Prospective Group
• Closing Date: 06/26/2025

Novyx Capital, represented by Shaun Ashkenazy and Daniel Taylor, along with Dan Ainuz from Prospective Group, are the key individuals involved in this acquisition. They announced the acquisition plans which include a luxury waterfront home project named Villa Serafina, emphasizing their commitment to enhancing the area's development. Groundbreaking is scheduled to occur in the fourth quarter.