Wellmeaning Investments Acquires Property At 1219 NE 4th Ave Fort Lauderdale For $2.4M With Jaime Sturgis Of Native Realty

The property asset involved in this transaction is located at 1219 NE 4th Ave, Fort Lauderdale, FL. The sale price was $2,400,000. The total square footage of the building is 19,229 square feet. The property consists of two buildings that were previously used as the Fourth Avenue Church of God.

Summary of transaction details:

• Property Type: Church
• Transaction Amount: $2,400,000.00
• Address: 1219 NE 4th Ave, Fort Lauderdale, FL
• Market: Fort Lauderdale
• Buyer: Wellmeaning Investments
• Buyer's Representative: Jaime Sturgis - Native Realty

The transaction involved Jaime Sturgis of Native Realty representing the buyer, Eduardo Pelaez’s Wellmeaning Investments. Following the sale, the church plans to relocate, and the firm intends to embark on a substantial adaptive re-use of the property, transforming it into a mixed-use destination that includes a food hall along with additional retail and entertainment uses.