Tricoastal Construction LLC Acquires Mixed-Use Asset On E Commercial Blvd For $2.25M

The property located at 2495 East Commercial Boulevard in Fort Lauderdale is a mixed-use asset that was recently sold for $2,250,000. The 6,657-square-foot building features Class A finishes and is situated on .23 acres with 100 feet of frontage on E Commercial Blvd. Tricoastal Construction LLC purchased the property from seller Rawworld Enterprises LLC. The buyer plans to convert the former vegan restaurant and dance studio into its corporate offices.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,250,000.00
• Address: 2495 E Commercial BLVD, Fort Lauderdale
• Square Footage: 6,657
• Seller's Rep: R. Stephen (Steve) Hyatt(Berger Commercial Realty)
• Buyer: Tricoastal Construction LLC

Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented Rawworld Enterprises LLC in the transaction. This marks the second property that Hyatt has successfully sold for this owner in the past two years. The property garnered significant interest due to its prime location and excellent condition, leading to a quick sale and closure in under four months.