Ocean Land Investments Acquires Development Site In Fort Lauderdale For $11.3M

A development site located at 501 SE 6th Ave in Fort Lauderdale was recently sold for $11,300,000. The property spans approximately 0.8 acres and is situated in the Fort Lauderdale market. The sale took place on June 30, 2021.

Summary of Transaction Details

• Property Type: Development Site
• Transaction Amount: $11,300,000
• Address: 501 SE 6th Ave
• Market: Fort Lauderdale
• Asset Type: Development Site
• Acres: 0.8

The buyer of the property was Ocean Land Investments, represented by Jean Francois Roy. On the other side, the seller was Maple Multi-Family Land SE, L.P., a subsidiary of Trammell Crow Residential.