Development Site Sold In Surfside For $14.8M With Joel Lusky & Zalmy Shapiro As Brokers

The transaction involved a development site located at 940 88th Street in Surfside. The sale price was $14,800,000, encompassing a total area of 25,000 square feet, resulting in a price per square foot of $592.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $14,800,000
• Address: 940 88th Street
• Market: Surfside
• Square Footage: 25,000
• Price per Square Foot: $592
• Brokers: Joel Lusky & Zalmy Shapiro - The Brokerage South Florida Real Estate

Joel Lusky and Zalmy Shapiro represented the parties in this transaction, affiliated with The Brokerage South Florida Real Estate. Their involvement was crucial in facilitating the sale of the development site in the competitive Surfside market.