The property involved in this transaction is a development site located at 20393 Grand Cascade Avenue in Boca Raton. The sale price for the asset was $2,750,000, consisting of 5,000 square feet, resulting in a price per square foot of $550.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,750,000
• Address: 20393 Grand Cascade Avenue
• Market: Boca Raton
• Square Footage: 5,000
• Price per Square Foot: $550
• Buyer: Aron Eichron
• Seller: Lotus Edge
• Brokers: Joseph Brikman & Rebecca Fischer (BexSellsMiami) - The Real Brokerage

Lotus Edge is noted as Boca Raton's Premier & Exclusive New Construction Community, featuring 665 contemporary single-family homes. The community includes a 39,000 sq. ft. clubhouse with resort-style amenities. The transaction was facilitated by Joseph Brikman and Rebecca Fischer, who are part of The Modern Day Team at The Real Brokerage, which has reported nearing $150,000,000 in listed, sold, and pending inventory since the start of 2025.