SOLD
Ryan Marshall Of Pulte Homes Acquires Development Site In Davie For $20.5M
8220 Southwest 48th Court
Development Site
Sold 51 days ago
Summary
Sale
FLORIDA
Development Site
The former nursery site at 8220-8260 Southwest 48th Court, 4891 & 5077 Southwest 82nd Avenue in Davie has been acquired by Pulte Homes for $20.5 million. The 31-acre development site is set to become Marigold, a community of 60 single-family homes priced above $1 million. This acquisition is part of Pulte Homes' strategic expansion efforts in Broward and Palm Beach counties.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $20,500,000
- Buyer: Ryan Marshall - Pulte Homes
- Seller: Matthew Pellar - TM Real Estate Group
- Market: Davie
- Asset Type: Development Site
Under the leadership of CEO Ryan Marshall, Pulte Homes is actively increasing its footprint by acquiring strategic development sites. The seller, TM Real Estate Group represented by Matthew Pellar, facilitated the $20.5 million transaction, further solidifying Pulte Homes' presence in the real estate market.
Details
SOLD
IMAGE: Ryan Marshall
DATE: 03/18/2024
ADDRESS: 8220-8260 Southwest 48th Court, 4891 & 5077 Southwest 82nd Avenue
MARKET: Davie
ASSET TYPE: Development Site ~ ACRES: 31
BUYER: Ryan Marshall - Pulte Homes (@PulteHomes)
SELLER: Matthew Pellar - TM Real Estate Group
SALE PRICE: $20,500,000
NOTE: Pulte Homes has purchased a former nursery site in Davie for $20.5 million, intending to build Marigold, a single-family home community with 60 homes priced above $1 million. Led by CEO Ryan Marshall, Pulte continues to expand its presence, recently acquiring development sites in Broward and Palm Beach counties, including Emory in Plantation and lots at Avenir in Palm Beach Gardens.View on map
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Address8220 Southwest 48th Court
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