Unknown Buyer Acquires Fort Lauderdale Property For $11 Million With Seller's Rep Danny Ross And Jaime Sturgis

The future development site of Advantis Station at Flagler Village, located at 333 NE 6th St, Fort Lauderdale, FL, was sold for $11,000,000. The site spans 1.4 acres and is positioned at the intersection of Sistrunk Boulevard and Northeast Third Avenue, which is across from Peter Feldman Park.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $11,000,000.00
• Square Footage: 0
• Market: Fort Lauderdale
• Seller's Representatives: Danny Ross, Jaime Sturgis - Native Realty
• Buyer: Unknown
• Seller: Not specified

Native Realty's Jaime Sturgis and Dan Ross represented four different sellers in this transaction. Midtown PAL Flagler Village acquired the asset, with plans for a 12-story, 252-unit rental project that will include a parking garage, a pool and amenity deck, an open-air pedestrian plaza, and ground-floor retail and restaurant space. Construction is anticipated to commence this year, with move-ins projected for 2024.