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Rey Grabato Acquires Development Site In Fort Lauderdale From Jeff Smith For $9.25M

Property Image
SOLD
$9,250,000
Dan Ross

Texas

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Development Site29,000 SF
Sold 02/09/2023
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Property Image
SOLD

Rey Grabato Acquires Development Site In Fort Lauderdale From Jeff Smith For $9.25M

203-215 Ne Third St.

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Development Site29,000 SF
Sold 02/09/2023
Dan Ross
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Summary

TEXAS
Asset Type:Development Site
Price Per Square Foot:$319
Total Square Footage:29,000 SF
Transaction Type:Sale

A development site located at 203-215 NE Third St in Fort Lauderdale has been sold for a total of $9,250,000. Spanning approximately 29,000 square feet, the property was acquired by Rey Grabato from the seller, Jeff Smith. The deal was facilitated by brokers Jaime Sturgis from Native Realty and Dan Ross.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $9,250,000
  • Address: 203-215 NE Third St
  • Market: Fort Lauderdale

Rey Grabato purchased the development site at 203-215 NE Third St in Fort Lauderdale from Jeff Smith for a total of $9,250,000. The property spans approximately 29,000 square feet with a price per square foot of $319. The transaction was facilitated by Jaime Sturgis and Dan Ross, representatives from Native Realty.

Players

Jaime Sturgis
47 deals$234.1M volume
BROKER

Dan Ross
Native Realty
9 deals$45.5M volume
BROKER

BUYER

4 deals$58.6M volume
SELLER

Details

SOLD
IMAGE: Dan Ross & Jaime Sturgis DATE: 02/09/2023 ADDRESS: 203-215 NE Third St MARKET: Fort Lauderdale ASSET TYPE: Development Site BUYER: Rey Grabato SELLER: Jeff Smith BROKERS: Jaime Sturgis (@Jaimesturgis) & Dan Ross (@Onlydanross) - Native Realty (@NativeRealty) SALE PRICE: $9,250,000 SF: 29,000 ~ PPSF: $319

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