CedarSt Acquires Multifamily Property On N Andrews Ave In Fort Lauderdale For $6.5M

Located at 745 N Andrews Ave in Fort Lauderdale, this multifamily property spans 1.46 acres. The transaction took place on 06/10/2022, with CedarSt as the buyer and Bingsong Li as the seller. The property was sold for $6,500,000. Jesse Pan from Coldwell Banker and Daniel Solomon from Katz & Associates represented the seller in this deal.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,500,000
• Address: 745 N Andrews Ave, Fort Lauderdale
• Market: Fort Lauderdale
• Buyer: CedarSt
• Seller: Bingsong Li
• Seller's Representative: Jesse Pan - Coldwell Banker; Daniel Solomon - Katz & Associates

This sale showcases the successful collaboration between CedarSt and Bingsong Li. Daniel Solomon from Katz & Associates and Jesse Pan from Coldwell Banker played significant roles as the seller's representatives. With its prime location in Fort Lauderdale and a size of 1.46 acres, this multifamily property presented an attractive investment opportunity for CedarSt.