SOLD
Encore Capital Management Acquires Development Site In Pompano Beach For $10.6M
3251 North Federal Highway
Development Site
270,072 SF
270,072 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Development Site
270,072 sqft
An undeveloped site located at 3251 N Federal Hwy in Pompano Beach has been sold for $10,600,000. The property, with a total area of 270,072 square feet, was purchased by Encore Capital Management from seller Greg Berkowitz. The transaction was facilitated by brokers Don Ginsburg and Michael Lewin of Katalyst Real Estate.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $10,600,000
- Address: 3251 N Federal Hwy, Pompano Beach
- Market: Pompano Beach
- Buyer: Encore Capital Management
- Seller: Greg Berkowitz
- Brokers: Don Ginsburg & Michael Lewin - Katalyst Real Estate
- Square Footage: 270,072
- Price per square foot: $39
- Units: 285
- Price per unit: $37,193
Michael Lewin and Don Ginsburg from Katalyst Real Estate played a key role in representing the buyer and seller in this transaction. This sale marks an important development in the real estate market of Pompano Beach.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Michael Lewin & Don Ginsburg
DATE: 04/25/2022
ADDRESS: 3251 N Federal Hwy
MARKET: Pompano Beach
ASSET TYPE: Development Site
BUYER: Encore Capital Management
SELLER: Greg Berkowitz
BROKERS: Don Ginsburg & Michael Lewin (@Mikey_Lew) - Katalyst Real Estate (@KatalystRealEstate)
SALE PRICE: $10,600,000
SF: 270,072 ~ PPSF: $39
UNITS: 285 ~ PPU: $37,193View on map
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Address3251 North Federal Highway
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