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DR Horton Acquires Development Site In Greenacres, FL For $2M From Seller Avi Stern And Buyer's Rep Don Ginsburg & Michael Lewin - Katalyst Real Estate & Development

5001 Haverhill Road
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This Development Site property located in FL was sold for $2,000,000 over 1 year ago. The brokers of the deal were Don Ginsburg and Michael Lewin

A development site located at 5001 Haverhill Rd in Greenacres, FL has been sold in a closed transaction. The property was acquired by DR Horton from the seller, Avi Stern for a sale price of $2,000,000. The development site spans a total of 217,800 square feet, with a price per buildable square foot (PPBSF) of $9.

Summary of transaction details

The deal was facilitated by brokers Don Ginsburg and Michael Lewin from Katalyst Real Estate & Development. They represented the buyer, DR Horton, and played a crucial role in the successful closing of the transaction.

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Deals
  • Location
    5001 Haverhill Road5001 Haverhill Road
  • Sale Price
    $2,000,000$2,000,000
    $9 PPSF$9 PPSF
  • Area
    217,800 SF217,800 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Michael Lewin

Michael Lewin

Deals11
Sold$170.3M

Agency

Katalyst Real Estate & Development

Katalyst Real Estate & Development

Agency
Deals25
Volume$364.8M

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Deal Summary

SALE IMAGE: Michael Lewin & Don Ginsburg DATE: 10/04/2022 ADDRESS: 5001 Haverhill Rd MARKET: Greenacres, FL ASSET TYPE: Development Site BUYER: DR Horton SELLER: Avi Stern BROKERS: Don Ginsburg & Michael Lewin (@Mikey_Lew) - Katalyst Real Estate & Development (@KatalystRealEstate) SALE PRICE: $2,000,000 BSF: 217,800 ~ PPBSF: $9

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5001 Haverhill Road

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