SOLD
Empire Social Lounge Acquires Retail Property In Las Olas, Fort Lauderdale For $3.6M
350 Southeast 2nd Street
Retail
7,060 SF
7,060 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Retail
7,060 sqft
The retail property located at 350 SE 2nd St 2 in the Las Olas market of Fort Lauderdale has been sold for a price of $3,600,000. The property has a total area of 7,060 square feet, resulting in a price per square foot of $510.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,600,000
- Address: 350 SE 2nd St 2, Las Olas, Fort Lauderdale
- Market: Las Olas, Fort Lauderdale
The buyer of this property is Empire Social Lounge, who is expanding their business. The buyer was represented by Luis Gonzalez and Alejandro Diaz from Bravo & Partners Realty. The seller was represented by Matthew Rotolante, Matthew Jacocks, and Matthew Katzen from Lee & Associates. Scott Miller from Meridian Capital Group acted as the mortgage broker in this transaction.
Empire Social Lounge's decision to expand into this location is based on their proven customer loyalty and success in their other two locations. The new market on Las Olas Boulevard in Fort Lauderdale not only meets their requirements but also aligns perfectly with their brand.
Players
All
11
Agents
7
Agencies
4
Details
SOLD
IMAGE: Alejandro Diaz, Luis Gonzalez & Scot Miller
DATE: 07/15/2022
ADDRESS: 350 SE 2nd St 2
MARKET: Las Olas, Fort Lauderdale
ASSET TYPE: Retail
BUYER: Empire Social Lounge (@EmpireSocialLounge_Miami)
BUYER'S REP: Luis Gonzalez (@LuisGonzalez.CRE) & Alejandro Diaz (@AlejandroDiaz.RE) - Bravo & Partners Realty (@BravoandPartners)
SELLER'S REP: Matthew Rotolante & Matthew Jacocks, & Matthew Katzen - Lee & Associates (@LeeSouthFlorida)
MORTGAGE BROKERS: Scott Miller (@Scott_Miller294) - Meridian Capital Group (@Meridian.Capital.Group)
SALE PRICE: $3,600,000
SF: 7,060 ~ PPSF: $510
NOTE FROM @BravoandPartners: Empire Social Lounge is expanding, and its newest location marks a milestone for the already established company. Its proven customer loyalty and success as a brand in its two other locations pave the way for a new market that not only meets the requirements for Empire but fits perfectly in the vicinity of popular Las Olas Boulevard in Fort Lauderdale.View on map
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Address350 Southeast 2nd Street
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