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

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.