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Bluestone Ventures Group br...

Updated Dec 21, 2023

Bluestone Ventures Group Acquires Development Site In Ft Lauderdale For $3M
SOLDDevelopment Site

Bluestone Ventures Group Acquires Development Site In Ft Lauderdale For $3M

$3,000,000

$153/SF

Building Size

19,578 SF

Asset Type

Development Site

Closing

May 18, 2023

About this deal

AI

Broker Valentina Stransky of Bluestone Ventures Group facilitated the sale of an off-market oversized lot in the exclusive new gated community, The Enclave. The development site, located in Fort Lauderdale, was sold by seller Anthony Mancini for a sale price of $3,000,000. Spanning 19,578 square feet, the property was sold at a price per square foot of $153.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $3,000,000
  • Square Footage: 19,578
  • Price Per Square Foot: $153
  • Seller: Anthony Mancini
  • Buyer's Representative: Valentina Stransky - Bluestone Ventures Group

Bluestone Ventures Group specializes in "Deal Matchmaking" and excels at identifying lucrative off-market opportunities. They utilize their expertise to turn deals and ideas into reality. With broker Valentina Stransky overseeing the transaction, this exclusive lot sale demonstrates the agency's dedication to facilitating connections and unlocking high-end real estate opportunities.

Players

Valentina Stransky

Broker

$3M

vol

1 deal

Broker

Market Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $153 per square foot on a published $3M for 19,578 square feet (2023).

Visit Valentina Stransky to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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