Naftali Group Acquires Development Site In Fort Lauderdale For $20M

The development site located at 201 N Federal Highway in Fort Lauderdale has been sold for $20,000,000. The property spans approximately 0.81 acres and was acquired by Naftali Group, represented by Miki Naftali. The seller, Ocean Land Investments, was represented by Marc-Andre Roy.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $20,000,000
• Address: 201 N Federal Highway, Fort Lauderdale
• Market: Fort Lauderdale
• Acres: 0.81

Miki Naftali, from Naftali Group, acted as the buyer's representative in this transaction, while Marc-Andre Roy, from Ocean Land Investments, represented the seller. This sale marks a significant deal in the Fort Lauderdale market, indicating the continued interest in development opportunities within the area.