Fort Lauderdale Office Building Sells For $248 PSF

Written by on September 30, 2019 in Done Deals, News - No comments
501 s andrews avenue

A four-story office building in Fort Lauderdale, just south of downtown, sold for $16.25 million.

Ocita Properties, managed by Richard Kronrad and Martin Sutker in Hollywood, sold the 65,643-square-foot office building to 501 S. Andrews Avenue LLC, managed by Miami attorney Steven A. Landy.

The price equated to $248 per square foot.

The office building was developed on the 1.65-acre site in 1970.


Source:  News Break

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