Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt and Judy Dolan represented seller Frank C. Adler Trust in the $3.8 million sale of ±4.36 acres of vacant land located at the 900 block of East Dania Beach Blvd., to PRH Investments LLC.
The subject property is a ±4.36-acre development site is zoned GTWY-MU, Beach Gateway Mixed-Use District. The property is located close to the Fort Lauderdale International Airport and the Port Everglades Cruise and Seaport along a main thoroughfare between US1 and the beach.
Dania Beach has multiple development projects in the works, including Dania Pointe, a mixed-use development, several hotels, and new multi-family development projects.
PRH Investments LLC is planning a multi-family development.
“Near the beach, shops, restaurants and other exciting developments, this site is the perfect location for the multi-family project that PRH Investments has planned,” commented Hyatt.
“Dania Beach is fast becoming an affordable alternative to Downtown Fort Lauderdale,” added Dolan. “As a result, it is a rapidly growing area, with a variety of other projects announced in the direct vicinity.”
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